Metaplanet Boosts Bitcoin Holdings by 15% to 15,555 BTC

Japan-based investment firm Metaplanet announced on Monday its latest Bitcoin acquisition of 2,205 BTC. The company spent $238.7 million, increasing its total Bitcoin holdings to 15,555 BTC. With an average acquisition cost of $108,237 per BTC, CEO Simon Gerovich stated that this move strengthens their vision of a sustainable, scalable, and operationally efficient Bitcoin standard. Metaplanet is now the fifth-largest publicly traded corporate Bitcoin holder globally, according to Bitcointreasuries.net.

Metaplanet’s recent acquisition raised its total Bitcoin holdings to 15,555 BTC, propelling it into the top five, behind giants like Strategy. For investors, this number is a clear indication that the company not only holds cryptocurrencies on its balance sheet but also makes it a strategic growth engine. In a message shared on X, Gerovich emphasized that the company is accelerating its Bitcoin-based capital allocation.

Despite a slight decline in intra-day trading, the company’s shares have shown sustained long-term positive performance. The recent purchase confirms Metaplanet’s aggressive growth plans, positioning it as a significant player for potential future acquisitions. This rise on Bitcointreasuries.net’s list has reignited competition in institutional Bitcoin investment.

Metaplanet announced in early July that it aims to hold 210,000 BTC by the end of 2027. This ambitious plan is backed by a 42.4% year-on-year increase in Bitcoin-focused revenues, reaching 1.1 billion yen ($7.6 million) in the second quarter of the year. By directly linking revenue streams to Bitcoin, the company introduced a new paradigm in its corporate approach.

According to Gerovich’s statement last week, the growth momentum is accelerating thanks to “operational efficiency built on a Bitcoin standard.” The company’s regular acquisitions are gradually executed to approach the targeted massive Bitcoin portfolio and support the share price. Metaplanet’s current position on the list offers a clear reference for investors closely monitoring the market impact of the steps taken toward the 2027 target.

Metaplanet’s aggressive Bitcoin acquisitions reflect a strategic shift towards leveraging cryptocurrency as a core asset. The company’s significant investments in Bitcoin not only bolster its financial position but also align with its vision of a sustainable and scalable Bitcoin standard. This approach positions Metaplanet as a leader in the institutional Bitcoin investment landscape, setting a precedent for other companies considering similar strategies. The company’s commitment to increasing its Bitcoin holdings to 210,000 BTC by 2027 underscores its long-term vision and dedication to integrating Bitcoin into its operational framework. This move is likely to attract more institutional investors, further solidifying Metaplanet’s standing in the market.