Bitcoin News Today: Tokyo Tech Firm Metaplanet Buys 780 BTC for $92.5M, Stock Rises 4.91%

Tokyo-listed technology firm Metaplanet has purchased 780 Bitcoin (BTC) for approximately $92.5 million, bringing its total holdings to 17,132 BTC, valued at roughly $2 billion at current market prices [1]. The recent acquisition, executed at an average price of $118,622 per BTC, marks the company’s latest move to expand its Bitcoin reserve portfolio [2]. CEO Simon Gerovich disclosed on X (formerly Twitter) that the firm’s average purchase price across all Bitcoin holdings stands at $101,030 per coin, underscoring its long-term strategic alignment with the cryptocurrency [3].

This purchase solidifies Metaplanet’s position as the seventh-largest corporate Bitcoin holder globally, according to BitcoinTreasuries data. The company, which initiated its Bitcoin accumulation strategy in April 2024, has set an ambitious target of acquiring over 210,000 BTC—equivalent to 1% of Bitcoin’s total supply—by 2027 [4]. The move has already shown financial returns, with the firm reporting ¥1.1 billion ($7.6 million) in Q2 2025 revenue, a 42.4% year-over-year increase [5].

Metaplanet’s stock price responded positively to the news, rising 4.91% to ¥1,239 ($8.3) midday in Tokyo trading [6]. Despite a 24.91% decline over the past month, the stock has surged 516.42% year-to-date, reflecting investor confidence in the company’s digital asset strategy [7]. The timing of the $92.5 million transaction—executed during a period of market volatility—has positioned the firm to potentially benefit from Bitcoin’s price trajectory, which has edged up 0.9% in the past 24 hours to $119,330 [8].

The company’s aggressive Bitcoin strategy aligns with broader institutional adoption trends, as corporations increasingly allocate capital to digital reserves. Metaplanet’s approach mirrors historical precedents like MicroStrategy’s large-scale Bitcoin purchases, which demonstrated that such moves can enhance market confidence and corporate valuations [9]. By prioritizing Bitcoin as a hedge against macroeconomic uncertainties and a tool for reserve diversification, Metaplanet is reinforcing the cryptocurrency’s role as a store of value in evolving financial landscapes [10].

Source: [1] [Metaplanet adds 780 BTC for $92.5 million, now holds ...](https://www.theblock.co/post/364339/metaplanet-adds-bitcoin?utm_medium=rss&utm_source=companies.xml)

[2] [Metaplanet Buys 780 Bitcoin for $92.5 million at $118,622 average per BTC](https://coinpedia.org/news/metaplanet-buys-780-bitcoin-now-holds-over-17000-btc/)

[3] [Metaplanet Boosts Bitcoin Holdings to $2 Billion With ...](https://coinpedia.org/crypto-live-news/metaplanet-boosts-bitcoin-holdings-to-2-billion-with-latest-purchase/)

[4] [Metaplanet adds 780 BTC for $92.5 million, now holds bitcoin worth $2 billion](https://www.coingecko.com/en/coins/bitcoin/mmk)

[5] [They've just acquired 780 more $BTC worth $93 million — showing no signs of slowing down!](https://www.binance.com/ru/square/post/27519209919714)

[6] [BTC to USD: Bitcoin Price in US Dollar](https://www.coingecko.com/en/coins/bitcoin/usd)

[7] [JUST IN: Metaplanet buys another 780 Bitcoin worth $93 million](https://x.com/WatcherGuru/status/1949674469032698036)

[8] [JUST IN: Metaplanet buys 780 Bitcoin. They now hold 17132 BTC worth $2 Billion](https://x.com/SimplyBitcoinTV/status/1949676251288912178)