Metaplanet Boosts Bitcoin Reserves With Another 518 BTC Purchase
Tokyo-based Metaplanet has added 518 bitcoins to its treasury, spending approximately $61.4 million on the latest acquisition.
The company paid an average of $118,519 per coin, pushing its total Bitcoin holdings to 18,113 BTC.
This places Metaplanet among the top six corporate holders of Bitcoin worldwide, trailing behind firms like Strategy and Marathon Digital.
How Is Metaplanet Financing Its Bitcoin Expansion
The firm has taken an unusual path to fund its Bitcoin purchases, relying on innovative financial tools such as zero-interest convertible bonds, moving-strike warrants, and perpetual preferred shares.
Earlier this month, Metaplanet filed to raise up to 555 billion yen (around $3.7 billion) through issuing new perpetual preferred shares.
This approach allows the company to acquire Bitcoin steadily without heavily diluting shareholder value or accumulating costly debt.
CEO Simon Gerovich, who shifted the company’s focus from hospitality to digital assets in 2024, commented on X,
“Metaplanet has acquired 518 BTC for ~$61.4 million at ~$118,519 per bitcoin and has achieved BTC Yield of 468.1% YTD 2025. As of 8/12/2025, we hold 18,113 $BTC acquired for ~$1.85 billion at ~$101,911 per bitcoin.”
He has steered Metaplanet with a vision inspired by established Bitcoin holders but has emphasised a distinct capital strategy to support long-term growth.
How Is Metaplanet’s Market Standing Affected by Its Latest Bitcoin Buy
Currently, Metaplanet holds Bitcoin valued at around $1.85 billion, bought at an average price of $101,911 per coin.
While the stock has dipped 1.6% on the day of the announcement and fallen 37% over the past month, it remains up 183% year-to-date.
This volatility reflects broader Bitcoin price movements, which saw a 2.19% drop over 24 hours to about $118,566 at the time of writing.
Metaplanet’s aggressive Bitcoin strategy aligns it closely with global trends of corporates treating Bitcoin as a hedge against inflation and currency risks.
Its target is ambitious: the company aims to hold 210,000 BTC by the end of 2027, a leap from its original goal of 21,000 BTC set for 2026.
Is Metaplanet Ready To Lead Asia’s Bitcoin Charge?
As Asia’s largest corporate Bitcoin holder, Metaplanet’s strategy is drawing attention for its scale and boldness.
Analysts note that while its financial instruments provide flexibility, the heavy concentration in Bitcoin does carry risk, especially if the market turns.
Gerovich remains confident, highlighting strong investor support for the company’s preferred shares and bonds.
“Each financing instrument is designed to optimise shareholder value while advancing the BTC target.”
If Metaplanet reaches its Bitcoin goals, it could significantly reshape its balance sheet and raise its profile as a major player in the cryptocurrency space.
How Does Metaplanet Compare To Other Institutional Bitcoin Holders?
By building its Bitcoin reserve through innovative capital raises, Metaplanet stands alongside institutional giants such as MicroStrategy and Marathon Digital.
The company’s “555 Million Plan” signals an escalation in its commitment to Bitcoin, backed by a diversified approach to funding.
With 18,113 BTC currently held and plans to acquire more, Metaplanet is cementing its role in global Bitcoin adoption while pioneering a distinctive path in financing large-scale cryptocurrency accumulation.