Metaplanet Inc. has acquired an additional 145 Bitcoins for around 1.926 billion yen ($13.6 million), reaching a significant milestone of 5,000 BTC in total holdings. The Tokyo Exchange Staircase company ran the purchases at an average price of 13,280,472 ($93,327) per Bitcoin.
Metaplanet's Bitcoin Treasury Department was acquired for $428.1 million, with an average acquisition cost of $85,621 per coin. “This is a huge step forward aimed at becoming one of the world's leading Bitcoin holding companies,” Metaplanet CEO Simon Gerovich said in a statement. “We will lead the global Bitcoin race from Japan.”
The company's aggressive accumulation strategy consists of a zero-discount mobile strike warrant following a successful capital raise in mid-2024. The funds were called “the biggest ever in Asia” Bitcoin-centric capital raises.
Metaplanet's proprietary BTC yield metric measures Bitcoin growth per share, reaching 121.1% YTD. The company aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.
The company's Bitcoin strategy reflects the strategy of its US-based strategy, with both companies focusing on Bitcoin and thus focusing as a reserve asset for Treasury. Metaplanet is ranked among the top 10 public Bitcoin holders globally.
The acquisition is a transaction in which Bitcoin costs around $92,800, and systemic profits continue to grow through a variety of investment vehicles, including ETFs and Corporate Treasury allocations.
