Key Insights:
- Metaplanet is now the fifth-largest Bitcoin treasury company after its latest BTC purchase of 5.419K Bitcoin.
- The new Metaplanet corporate treasury bitcoin purchase was executed at an average price of $116,724 per coin.
- Shares of the firm slipped by nearly 0.50% to 605 JPY on Monday.
On Monday, September 22, Metaplanet released a notice of an additional Bitcoin purchase valued at more than $632 million.
The move strengthened its position as one of the largest corporate Bitcoin treasury holders of the cryptocurrency.
With this latest acquisition, the Japan-listed company now ranks as the fifth-largest corporate Bitcoin treasury.
It overtakes Bullish, the crypto exchange, in total holdings, which is a clear sign of Metaplanet’s growing conviction in digital assets.
However, the market reaction was subdued. For context, the Metaplanet (MTPLF) stock slipped by nearly 0.50% to 605 JPY, giving back some of last week’s rebound.
The latest Metaplanet corporate Bitcoin treasury purchase was executed at an average price of $116,724 per coin, according to a September 22 official notice.
The company acquired 5,419 BTC in the transaction, marking one of its largest single additions to date.
As a result, the firm’s quarter-to-date bitcoin yield has now risen to 10.3%. This performance highlights the growing impact of its accumulation strategy at a time when institutional interest in bitcoin continues to build.
Following this latest purchase, the firm’s total holdings have expanded to 25,555 BTC.
At current market prices, that treasury is valued at nearly $3 billion. According to Bitcoin Treasuries data, this move has pushed the corporate BTC treasury company ahead of Bullish crypto exchange in terms of overall bitcoin reserves.
In total, Metaplanet acquired its entire stash at an average price of $106,065 per Bitcoin, spending close to $2.71 billion. Based on current market insights, the company stands on an unrealized profit of nearly $290 million after its most recent purchase.
Chief Executive Simon Gerovich highlighted the milestone in a post on X, addressing both shareholders and the wider crypto community.
He pointed out that Metaplanet’s accelerated Bitcoin strategy has already delivered a remarkable year-to-date yield of 395.1% in 2025.
MTPLF Stock Pulls Back Even as Bitcoin Treasury Grows
Even as news broke of Metaplanet’s additional purchase, the MTPLF stock failed to hold its ground.
Metaplanet stock slipped nearly 1.32% to 600 JPY, tracking the recent decline in Bitcoin prices.
During the session, the stock touched a low of 599 JPY and a high of 650 JPY, but trading activity remained muted. The 24-hour volume fell well below the company’s average turnover of about 46 million shares.
The weakness is part of a broader slide that has weighed on Metaplanet for weeks. Data from Yahoo Finance shows the stock has tumbled more than 28% over the past month.
The selling pressure has been intensified by institutional short bets. Major financial players, including Morgan Stanley, Jefferies, and UBS, have been actively cutting into the rally.
As a result, Metaplanet’s impressive year-to-date return has been sharply eroded. The gain now stands at roughly 74%, a significant retreat from earlier highs.
Meanwhile, MTPLF shares ended Friday on a strong note, climbing 3.81% to close at $4.09. That move pushed the stock’s year-to-date gain to nearly 83%, underscoring renewed momentum in recent sessions.