Bitcoin News Today: Metaplanet Buys 463 Bitcoin for $53.7M as Crypto Holdings Hit $1.78 Billion

Metaplanet, a Tokyo-based investment firm, has expanded its Bitcoin holdings by acquiring 463 units in a $53.7 million purchase, bringing its total Bitcoin reserves to 17,595 BTC, valued at approximately $1.78 billion [1]. The acquisition, made at an average price of $115,895 per Bitcoin, underscores the firm’s continued commitment to digital assets as a strategic investment amid ongoing market fluctuations [3]. The timing of the purchase aligns with a broader market rebound, as Bitcoin has recovered to trade near $114,594 from a recent low of $111,800, supported by weak U.S. job data and a high probability of a Federal Reserve rate cut in September [3].

The firm’s CEO, Simon Gerovich, revealed an unrealized profit of $243.69 million from the company’s Bitcoin portfolio, highlighting the long-term value proposition of the asset and reinforcing Metaplanet’s belief in its role as a hedge against macroeconomic volatility [3]. Despite the firm’s aggressive accumulation of Bitcoin since April 2025, its stock performance has lagged. On August 2, Metaplanet shares closed at 1,063 yen ($7.18), down 7.65% from the prior session, with a nearly 36% decline over the past month [2]. The divergence between its equity and Bitcoin performance reflects a strategic pivot toward digital assets as a core value driver [3].

To support further Bitcoin acquisitions, Metaplanet is seeking to raise $3.7 billion through the issuance of perpetual preferred shares [1]. If approved, the capital raise would enable the firm to continue expanding its crypto treasury, potentially positioning it as one of the largest corporate Bitcoin buyers in Asia [3]. Analysts suggest that such institutional actions reflect growing confidence in digital assets as a component of a diversified investment strategy [3]. The firm’s Extraordinary General Meeting will review the proposed capital raise, with implications extending beyond its own corporate strategy to the broader crypto market [3].

Metaplanet’s approach to Bitcoin contrasts with some U.S.-based firms that hold significantly larger BTC reserves. However, its sustained accumulation reinforces its status as a key player in the institutional adoption of digital assets [1]. The firm’s actions signal a broader trend among global investors, who are increasingly viewing Bitcoin not just as speculative exposure, but as a legitimate asset class with long-term utility [3].

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[1] Metaplanet adds 463 Bitcoin to treasury in $53.7M purchase... (https://www.ainvest.com/news/bitcoin-news-today-metaplanet-adds-463-bitcoin-treasury-53-7m-purchase-holdings-hit-1-78-billion-2508/)

[2] Metaplanet Doubles Down on Bitcoin as Shares Slide, ... (https://www.coindesk.com/markets/2025/08/04/metaplanet-doubles-down-on-bitcoin-as-shares-slide-buys-another-usd54m)

[3] Metaplanet Plans $3.7 Billion Raise To Hit ... (https://www.mitrade.com/insights/news/live-news/article-3-1007135-20250802)