Metaplanet Buys 1,111 Bitcoins Amid Market Dip, Stock Drops 4%

Generated by AI AgentCoin World
Monday, Jun 23, 2025 1:30 am ET2min read

On June 23, 2025, Metaplanet, a Japanese firm, announced the acquisition of 1,111 Bitcoins, bringing its total holdings to 11,111 BTC. This strategic purchase was made at an investment value of approximately $118.2 million, with an average purchase price of $95,869 per BTC. The company has been on a significant buying spree, having started the year with just over 1,000 Bitcoins and hitting the 10,000 BTC milestone last week. Metaplanet's aggressive Bitcoin purchases have been part of a broader strategy to accumulate a substantial portion of the total BTC supply, with an ambitious goal to purchase 1% of the total supply, i.e., 210,000 BTC, by the end of 2027.

The recent purchase comes amid a backdrop of geopolitical uncertainty and market volatility. The escalating conflict led to a risk-off sentiment in the global markets, causing Bitcoin prices to slip under $100K. Despite the market dip, Metaplanet saw this as a buy-the-dip opportunity, increasing its holdings while the price was relatively lower. The company's stock, however, faced selling pressure, correcting 4% and slipping to 1712 JPY in the Asian trading hours on Monday. This correction comes after a massive rally with nearly 400% gains since the beginning of 2025.

Metaplanet's aggressive Bitcoin buying plan has attracted significant attention from major market players. The firm has already announced a $5.4 billion fundraise to support its ambitious Bitcoin acquisition strategy. The recent stock acquisition rights with EVO FUND, which involved a payment of JPY 558,700,000, further facilitated the company's ability to purchase more Bitcoins from the open market. The firm's strategic moves have positioned it as the eighth-largest company in terms of Bitcoin holdings, overtaking Hut8.

Metaplanet’s recent acquisition of 1,111 BTC, valued at approximately $118.2 million, underscores the company’s strategic approach to capitalizing on market dips. This move, made during a period of geopolitical tensions and tightening monetary policies, highlights Metaplanet’s confidence in Bitcoin’s long-term value. The company’s total Bitcoin holdings now stand at 11,111 BTC, reflecting a significant increase from the start of the year when it held just over 1,000 BTC. This aggressive accumulation strategy is part of Metaplanet’s broader plan to acquire 1% of the total Bitcoin supply, or 210,000 BTC, by the end of 2027.

CEO Simon Gerovich has publicly shared the company’s impressive 306.7% year-to-date yield on Bitcoin investments, reinforcing investor confidence in Metaplanet’s strategy. This yield far exceeds typical market returns, demonstrating the effectiveness of their timing and risk management. Gerovich’s communication on social media platforms serves to engage the wider crypto community and institutional investors, emphasizing the company’s bullish stance and long-term vision for Bitcoin.

Metaplanet’s recent purchase is part of a broader Accelerated 2025-2027 Bitcoin Plan, which aims to increase holdings to 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. The company has also issued $210 million in ordinary bonds to fund further Bitcoin acquisitions, signaling a robust capital strategy to support its ambitious growth targets. This aggressive accumulation aligns with a growing trend among public companies which are diversifying corporate treasuries with Bitcoin to hedge against inflation and currency volatility.

Despite the bullish accumulation, Metaplanet’s stock price experienced a 5% decline to 1,692 yen amid profit-taking on the announcement day. However, the stock has demonstrated strong momentum, rallying over 101% in the past month and nearly 391% year-to-date, reflecting investor optimism about the company’s crypto strategy. The 52-week trading range between 59 and 1,930 yen indicates significant volatility, typical for firms heavily exposed to cryptocurrency markets.

Metaplanet’s continued Bitcoin purchases amid market dips and geopolitical challenges underscore a strategic commitment to long-term crypto asset accumulation. With a robust yield performance and ambitious growth targets, the company is positioning itself as a major player in the corporate Bitcoin landscape. Investors and market watchers should monitor Metaplanet’s execution of its Accelerated 2025-2027 Bitcoin Plan as it could influence broader institutional adoption trends in the cryptocurrency sector.