Metaplanet Acquires 1,234 Bitcoin for $132.7 Million, Surpasses Tesla

Generated by AI AgentCoin World
Thursday, Jun 26, 2025 8:19 am ET1min read

Metaplanet Inc., a Tokyo-listed investment firm, has made a significant move in the cryptocurrency market by acquiring 1,234 Bitcoin for approximately $132.7 million. This purchase brings the company's total Bitcoin holdings to 12,345, surpassing Tesla's holdings and positioning Metaplanet as a key player in the corporate Bitcoin investment landscape.

The acquisition was completed at an average price of $107,557 per Bitcoin, reflecting the company's strategic shift towards a Bitcoin-focused investment strategy. Metaplanet's new direction aims to hold up to 1% of Bitcoin’s total supply by 2027, a goal that underscores the firm's long-term commitment to the cryptocurrency. This pivot from hospitality to Bitcoin investment marks a significant change in the company's strategic focus, with official regulatory filings confirming the acquisition.

Metaplanet's latest move has elevated its standing among major Bitcoin holders, placing it ahead of

in the rankings of publicly traded companies' Bitcoin holdings. This acquisition is seen as a catalyst for greater Bitcoin adoption in corporate treasuries, with market observers noting the potential for increased market activity and interest in Bitcoin-centric stocks. The company's ongoing “555 Million Plan” further signals its commitment to Bitcoin, with $517 million garnered in a recent equity raise featuring EVO Fund backing.

Metaplanet's strategy mirrors that of

, which also leverages equity to fund Bitcoin purchases. MicroStrategy's approach is considered a blueprint for corporate Bitcoin investments, and historical trends suggest that large corporate Bitcoin acquisitions can lead to short-term price surges in BTC. Metaplanet's move signals continued corporate interest in Bitcoin, potentially influencing future crypto investments and market dynamics. The company's equity has surged 500% since its strategy shift in April 2024, reflecting investor confidence in its Bitcoin-focused approach.

Comments



Add a public comment...
No comments

No comments yet