Bitcoin News Today: Metaplanet Aims to Overtake Giants in the Bitcoin Arms Race

Japan-based Metaplanet Inc. announced on Monday the purchase of 136 additional Bitcoin for approximately $15.2 million, bringing its total Bitcoin holdings to 20,136 BTC, valued at over $2.08 billion. The acquisition occurred at an average price of $111,666 per coin, raising the company’s average cost of acquisition to $103,196 per BTC [1]. The move brings Metaplanet closer to its stated goal of acquiring 30,000 BTC by the end of 2025 and 100,000 BTC by 2026 [2]. At current levels, the firm has achieved approximately 67% of its 2025 target and 20% of its 2026 objective, according to internal filings and third-party tracking data [3]. CEO Simon Gerovich reiterated that the company is on a trajectory to become the second-largest corporate Bitcoin holder, trailing only Strategy, which holds 636,505 BTC [4].

Metaplanet is currently the sixth-largest public corporate Bitcoin holder globally and the top holder in Japan among the 186 companies tracked for digital asset reserves [5]. The firm’s acquisition strategy has been marked by an aggressive pace, having previously acquired 1,009 BTC in a single week to surpass the 20,000 BTC threshold in early September [6]. Analysts have noted that Metaplanet’s Bitcoin yield—defined as a measure of the effectiveness of its crypto strategy—has reached 487% year-to-date in 2025, according to Gerovich’s public statements [7]. This metric is intended to demonstrate the long-term value of its Bitcoin treasury approach, which focuses on increasing Bitcoin per share and mitigating fiat currency depreciation [8].

Despite the firm’s growing BTC reserves, its stock price has faced downward pressure. Following a peak of $13.20 (¥1,930) in 2025, Metaplanet’s shares have declined nearly 65%, trading at $4.60 (¥680) as of the latest session [9]. The decline has been attributed to market sentiment and the firm’s recent capital-raising moves. In response to the equity dip, Metaplanet has secured shareholder approval for an $884 million capital raise via a public share offering [10]. The capital will help sustain its Bitcoin acquisition strategy and reduce potential liquidity risks, according to Pranav Agarwal, an independent director at a Bitcoin-focused firm in India [11].

The company’s CEO emphasized the strategic use of perpetual preferred share offerings as a tool to fund further Bitcoin purchases, aligning with its long-term “Bitcoin standard” model [12]. Gerovich stated on social media that such financial instruments are critical to maintaining a sustainable growth rate in Bitcoin per share [13]. The firm’s debt exposure remains low relative to its Bitcoin net asset value, further supporting its ability to continue its accumulation without immediate risk of forced liquidation [14].

As part of its broader vision, Metaplanet has expanded beyond digital assets into other business segments, including hotel operations. These properties cater to Bitcoin enthusiasts and professionals, creating a physical and digital bridge between institutional and retail interest in the asset class [15]. The firm’s dual strategy of capital appreciation through Bitcoin and service diversification positions it as a unique player in both the crypto and traditional business sectors.

Source: [1] title1 (https://cointelegraph.com/news/metaplanet-el-salvador-bitcoin-purchase-2025) [2] title2 (https://finance.yahoo.com/news/metaplanet-acquires-136-more-bitcoin-065656641.html) [3] title3 (https://cryptodnes.bg/en/japans-metaplanet-adds-463-more-btc-pushes-total-holdings-to-1-78-billion/) [4] title4 (https://coinlaw.io/metaplanet-bitcoin-holdings-2025-growth/) [5] title5 (https://finance.yahoo.com/news/metaplanet-scoops-136-btc-15-062247318.html) [6] title6 (https://cointelegraph.com/news/metaplanet-el-salvador-bitcoin-purchase-2025) [7] title7 (https://coinlaw.io/metaplanet-bitcoin-holdings-2025-growth/) [8] title8 (https://cryptodnes.bg/en/japans-metaplanet-adds-463-more-btc-pushes-total-holdings-to-1-78-billion/) [9] title9 (https://finance.yahoo.com/news/metaplanet-scoops-136-btc-15-062247318.html) [10] title10 (https://coinlaw.io/metaplanet-bitcoin-holdings-2025-growth/) [11] title11 (https://cryptodnes.bg/en/japans-metaplanet-adds-463-more-btc-pushes-total-holdings-to-1-78-billion/) [12] title12 (https://cryptodnes.bg/en/japans-metaplanet-adds-463-more-btc-pushes-total-holdings-to-1-78-billion/) [13] title13 (https://coinlaw.io/metaplanet-bitcoin-holdings-2025-growth/) [14] title14 (https://coinlaw.io/metaplanet-bitcoin-holdings-2025-growth/) [15] title15 (https://www.cnbc.com/quotes/3350.T-JP)