Metaplanet Adds 103 BTC, Total Holdings Reach $1.95B

• Metaplanet bought 103 BTC for $11.6 million, raising its total holdings to 18,991 BTC worth about $1.95 billion.
• The company is now the seventh largest public Bitcoin holder, with returns of nearly 480%, far above stock market gains.
• Analysts think Metaplanet may be buying Bitcoin regularly, while Eric Trump predicted Bitcoin could hit $175,000 by year end.

Japanese company Metaplanet just bought 103 Bitcoin for $11.6 million, enhancing its total holdings to 18,991 BTC. The purchase came after Michael Saylor, head of Strategy, posted on X that “Bitcoin is on sale,” hinting at more buys. Metaplanet’s stock jumped over 4% to 878 yen after the news, while Bitcoin’s price stayed steady around $112,000.

Big Bitcoin Bet Pays Off

Metaplanet’s latest buy, at an average price of $113,491 per Bitcoin, brings its total stash to about $1.95 billion, with an average cost of $102,712 per coin. This follows Strategy’s recent moves, including a 430 BTC purchase worth $51.4 million, pushing their holdings to 629,376 BTC, nearly 3% of all Bitcoin out there.

Metaplanet now ranks as the seventh largest public Bitcoin holder, just behind Riot Platforms and Peter Thiel’s Bullish, according to Bitcoin Treasuries data. The company’s Bitcoin investments have earned a 479.5% return, beating the stock market.

Metaplanet’s shares rose more than 4% to 878 yen, showing investor confidence in the company’s Bitcoin strategy. Bitcoin, on the other hand, stayed mostly flat, trading near $112,000 after briefly dropping to $110,000 over the weekend.

In Japan, where the yen is weakening, Metaplanet sees Bitcoin as a shield against economic uncertainty. Metaplanet’s Bitcoin strategy has paid off strongly, bringing in a 95.6% gain in Q1 2025, 29.1% from July to late August, and 129.4% in Q2.

Some analysts believe the company may be adding Bitcoin on a weekly basis, taking a page from Michael Saylor’s playbook. Adding to the spotlight on corporate Bitcoin buys, Eric Trump called himself a “Bitcoin Maxi” and predicted the price could reach $175,000 by the end of the year.