Metaplanet Acquires 1,005 BTC for $108 Million, Becomes Fifth-Largest Corporate Holder

Japanese Bitcoin treasury firm Metaplanet has made a significant move in the cryptocurrency market by acquiring an additional 1,005 BTC for $108 million. This purchase has propelled Metaplanet to the position of the fifth-largest corporate holder of Bitcoin, surpassing mining company Cleanspark. With this acquisition, Metaplanet now holds a total of 13,350 BTC, valued at approximately $1.45 billion at current market prices. The firm has achieved a remarkable BTC yield of 349% year-to-date, with an aggregate price per coin for its latest purchase standing at $107,601.

Metaplanet's strategic bond refinancing involved issuing 30 billion yen ($208 million) in 0% ordinary bonds from its EVO fund to purchase additional Bitcoin. This move also includes the buyback and cancellation of its third series ordinary bonds worth 1.75 billion yen ($12 million), which carried an annual interest rate of 0.36%. By doing so, Metaplanet has effectively secured an interest-free loan and cash float for more BTC acquisitions. The funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin.

Metaplanet's aggressive accumulation strategy has been evident in its recent announcements. Earlier this month, the firm revised its accumulation strategy with plans to hold 100,000 BTC by 2026, increasing its target from 21,000 BTC. Additionally, Metaplanet announced plans to raise $5.4 billion and acquire a whopping 210,000 Bitcoin by 2027. If the current standings remain, this would make Metaplanet the world’s second-largest corporate holder of the asset.

The market has responded positively to Metaplanet's strategic moves. There was a strong reaction for the company’s stock in Japan on Monday, with a 9% jump in price. Shares in the firm have skyrocketed more than 350% since the beginning of 2025. This surge in stock price reflects investor confidence in Metaplanet's aggressive Bitcoin accumulation strategy and its potential to become a major player in the cryptocurrency market.

Meanwhile, Strategy founder Michael Saylor has hinted at another Bitcoin purchase with his regular weekend post of the portfolio tracker, which has preceded a Monday acquisition in previous weeks. Saylor's post, captioned "In 21 years, you’ll wish you’d bought more," suggests that Strategy may continue to increase its Bitcoin holdings. Simon Gerovich, CEO of Metaplanet, responded to Saylor's post, stating, "We buy every day. And still, I know I’ll look back wishing we had moved even faster." This exchange highlights the competitive nature of the Bitcoin market and the strategic importance of accumulating the cryptocurrency for long-term growth.