Metaplanet Boosts Bitcoin Holdings by 1,005 BTC, Surpasses Galaxy Digital

Japanese investment firm Metaplanet has significantly bolstered its position in the cryptocurrency market by acquiring an additional 1,005 Bitcoin (BTC), elevating its total holdings to 13,350 BTC. This purchase, executed at an average price of $107,601 per coin, amounts to approximately $108.1 million. This strategic move has catapulted Metaplanet to the fifth position in the rankings of the largest corporate Bitcoin holders globally, surpassing Galaxy Digital, which holds 12,830 BTC, and BTC miner CleanSpark, with 12,502 BTC.

Metaplanet's aggressive Bitcoin buying strategy has been a key driver in its rapid ascent in the rankings, demonstrating the firm's commitment to diversifying its asset portfolio with digital currencies. The company's total Bitcoin holdings are now valued at around $1.4 billion, reflecting a substantial investment in the cryptocurrency market. This acquisition comes just three months after Metaplanet held 3,350 BTC, highlighting the firm's rapid expansion in its Bitcoin reserves. The company aims to hold over 210,000 BTC by the end of 2027, a goal shared during a recent strategic update.

To support this ambitious target, Metaplanet issued 30 billion yen in zero-interest bonds, translating to around $208 million. The company utilized its EVO fund for this purpose, with the funds partly allocated to purchasing more Bitcoin. Additionally, Metaplanet canceled older bonds worth 1.75 billion yen, or $12 million, which carried a yearly interest rate of 0.36%. This strategic financial maneuver allows the firm to expand its Bitcoin reserves without incurring additional debt, positioning it favorably in the competitive landscape of corporate Bitcoin holders.

Following the announcement of its “Accelerated 2025–2027 Bitcoin Plan,” Metaplanet’s shares briefly dipped. The plan includes issuing 555 million new shares to raise $5.4 billion, with the target of accumulating 210,000 BTC by 2027. However, the market reacted positively to the latest Bitcoin purchase. As of Monday, Metaplanet’s shares rose 10%, trading at 1,649 yen. The 24-hour trading range sits between 1,507 yen and 1,625 yen. Metaplanet’s stock is up 40.91% this month and has surged 360% year-to-date.

Metaplanet's move to increase its Bitcoin holdings comes at a time when institutional interest in cryptocurrencies is growing. This dynamic highlights the increasing acceptance of Bitcoin as a viable investment option for corporations seeking to hedge against traditional financial risks. Metaplanet's acquisition of 1,005 BTC not only solidifies its position as a leading corporate Bitcoin holder but also sets a precedent for other firms considering similar investment strategies. The firm's proactive approach to Bitcoin investment reflects a broader trend in the corporate world, where companies are increasingly recognizing the value of digital assets in their financial portfolios. As Metaplanet continues to expand its Bitcoin holdings, it is poised to play a significant role in shaping the future of corporate cryptocurrency investment.