Highlights:
- Metaplanet has bought an additional 156 BTC, boosting its Bitcoin holdings to about 2,391 tokens.
- The investment firm spent $13.4 million, buying BTC at $85,890 per token.
- The Japanese company’s entire Bitcoin holdings are now valued at approximately $196.3 million.
Earlier today, Metaplanet’s Chief Executive Officer (CEO) Simon Gerovich announced on X that the Japanese crypto investment firm has acquired 156 BTC. This purchase brought the company’s total Bitcoin holdings to 2,391 tokens. In the tweet, the CEO noted that the investment firm spent $13.4 million, buying Bitcoin at an average cost of $85,890 per token in its most recent buying spree.
Furthermore, Gerovich stated that since 2025 began, Metaplanet’s Bitcoin holdings have yielded a 31.8% year-to-date return. Meanwhile, the company’s entire 2,391 Bitcoin holdings are valued at approximately $196.3 million. The average cost of each token stands at about $82,100.
Today’s purchase comes a few days after the company completed the purchase of 135 BTC for approximately $13 million. Unlike its most recent acquisition, Metaplanet’s previous purchase cost the company an average selling price of $96,185 per token. Spending significantly less per token in its latest purchase implies that the company probably took advantage of Bitcoin’s recent dip to expand its portfolio.
Metaplanet has acquired 156 BTC for ~$13.4 million at ~$85,890 per bitcoin and has achieved BTC Yield of 31.8% YTD 2025. As of 3/3/2025, we hold 2391 $BTC acquired for ~$196.3 million at ~82,100 per bitcoin. pic.twitter.com/iOZyPhRhnc
— Simon Gerovich (@gerovich) March 3, 2025
Metaplanet’s Latest Acquisition Significance
The investment firm’s latest move will help to strengthen its Bitcoin treasury strategy. Also, it is targeted towards aligning Metaplanet with giants like Strategy (Formerly MicroStrategy) in the global crypto adoption race. Having identified Bitcoin as a sustainable store of value, Metaplanet completed its first trench of Bitcoin purchase in April 2024. Since then, the Japanese investment firm has not relented in its effort to expand.
Metaplanet’s CEO has repeatedly reiterated that Metaplanet is emulating Strategy’s investment pattern. Renowned for being the largest corporate holder of Bitcoin, Strategy began its Bitcoin investment Journey in August 2020. Over the past four years, Strategy has procured 499,096 BTC worth $33.1 billion at $66,357 per Bitcoin.
Earlier this year, Gerovic announced investment goals for Metaplanet in 2025. Part of the CEO’s target hinted at expanding the investment firm’s Bitcoin holdings to 10,000 tokens. Metaplanet completed 2024 with 1,762 BTC to its name. Hence, the company must acquire 8,238 BTC in 2025 to meet its target for the year.
After the first two months this year, the investment firm had completed the purchase of 629 tokens. This signifies that meeting the 10,000 target requires more intensified efforts. Additionally, the company must source funds to finance the project or risk falling short of its goals by the end of this year.
Fundraising Efforts
Aside from purchasing Bitcoin, Metaplanet has made concentrated efforts this year to raise capital for the company to sustain the buying spree. In an old publication, Crypto2Community reported that the Japanese investment firm successfully raised ¥4 billion ($26,587,966.28) from issuing 0% unsecured bonds.
The entire raised capital will be used to expand Bitcoin’s portfolio. The news article also noted that with the ¥4 billion fundraiser, Metaplanet plans to acquire 21,000 BTC by 2026. This underscores the company’s strong interest in long-term Bitcoin investment.
JUST IN: 🇯🇵 Metaplanet raises ¥4.0 billion to buy more #Bitcoin pic.twitter.com/m65WqKYDFo
— Bitcoin Magazine (@BitcoinMagazine) February 13, 2025
BTC’s Price Reactions as Metaplanet Boosts Bitcoin Holdings
At the time of writing, Bitcoin is changing hands at about $93,200, reflecting an 8.3% upswing in the past 24 hours. Within the same timeframe, Bitcoin’s price extremes oscillated between $85,075.19 and $94,901.96, underscoring a significant spike in the short timeframe.
Aside from the positive sentiment that probably emanated from the Bitcoin procurement news, Donald Trump’s clarification on BTC’s inclusion in the US planned crypto strategic reserve contributed largely to BTC’s surge.
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