Japan’s Metaplanet Adds 1,111 Bitcoin, Total Holdings Reach 11,111 BTC

Highlights:

• Metaplanet buys 1,111 BTC for $118M, raising total holdings to 11,111 BTC.
• The company targets 210,000 BTC by 2027, aiming to hold 1% of the supply.
• Despite the market dip, Metaplanet stock up 357% in 2025 amid Bitcoin strategy.

On Monday, the Tokyo-listed company Metaplanet acquired 1,111 Bitcoin (BTC), investing approximately $118.2 million in total. The average purchase price was estimated at around $106,408 per Bitcoin. With this latest purchase, Metaplanet’s total Bitcoin holdings have risen to 11,111 BTC, now worth over $1.07 billion. The company’s average cost per coin stands at $95,869.

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CEO Simon Gerovich took to X to share the company’s latest Bitcoin purchase, expressing strong confidence in Bitcoin’s future. He also pointed out that Metaplanet has achieved an impressive 306.7% BTC yield so far this year. Starting the year with just over 1,000 BTC, the Japanese firm has been actively buying and crossed the 10,000 BTC mark last week.

*Metaplanet Acquires Additional 1,111 $BTC, Total Holdings Reach 11,111 BTC* pic.twitter.com/7ceEeSh1X4

— Metaplanet Inc. (@Metaplanet_JP) June 23, 2025

Bitcoin Firm Targets 210K BTC with Bold New Strategy

Metaplanet had aimed for 21,000 BTC by next year, but has now raised its target. The earlier “21 Million Plan” has been replaced by a bigger “555 Million Plan.” The company now aims to hold 30,000 BTC by the end of 2025, 100,000 BTC by the end of 2026, and 210K BTC by 2027. This final target would place Metaplanet among the top holders, controlling 1% of Bitcoin’s total 21 million supply. This move follows a wave of recent activity by companies like GameStop, Semler Scientific, and other public firms adding Bitcoin to their corporate treasuries.

Thrilled to announce Asia’s largest-ever equity raise to buy Bitcoin — again! 🚀 This time: $5.4 billion to accelerate our Bitcoin strategy. Our new target: 210,000 BTC by 2027.

Details here: https://t.co/ahL27o9QBg pic.twitter.com/njYybVq1uu

— Simon Gerovich (@gerovich) June 6, 2025

Metaplanet’s Bitcoin push is backed by rising demand in Japan. With no spot ETFs, investors turn to its stock for BTC exposure. Meanwhile, MicroStrategy, led by Michael Saylor, is still the top corporate holder of Bitcoin. The firm now holds 592,100 BTC valued at approximately $59.7 billion, as BTC trades just below $101K. Saylor also mentioned on Monday that the company plans to keep buying more. At BTC Prague 2025, Saylor said his trust in Bitcoin has grown. He pointed to surprise political and legal support, including backing from the White House. He added that Trump’s win last year changed everything for Bitcoin.

Metaplanet Sinks as Crypto Dips Amid Iran-Israel Tensions

The crypto market plunged over the weekend after the United States intervened in the Iran-Israel conflict, targeting nuclear sites in Iran. As global uncertainty intensified, Metaplanet’s stock came under pressure, falling 8% to 1,712 JPY during Monday’s Asian trading session. Also, Bitcoin dropped below $100K on Sunday but has since recovered and is now trading above $101K.

Despite this dip, the Metaplanet has seen a remarkable rally, gaining nearly 357% since the start of 2025. Its bold Bitcoin accumulation strategy has drawn major investors, with Capital Group and Citigroup reportedly purchasing MTPLF shares last week.

Some analysts caution that the rapid growth of “Saylor copycats” — now over 220 public firms — could create systemic risks. Coinbase, in a recent report, called it an “attack of the clones” and warned that aggressive fundraising to buy Bitcoin might strain markets and shake investor confidence.

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