Metaplanet Surges 10% After Adding 1,005 Bitcoin

Metaplanet, a Japanese company, has announced the acquisition of an additional 1,005 Bitcoin, bringing its total holdings to 13,350 BTC. This purchase has propelled Metaplanet into the top five largest corporate Bitcoin holders, surpassing Galaxy Digital, which holds 12,830 BTC, and CleanSpark, with 12,502 BTC. The total value of Metaplanet's Bitcoin holdings is approximately $1.4 billion, based on current prices.

Metaplanet's aggressive and transparent Bitcoin strategy has been evident in recent months. As of mid-April 2025, the company's total Bitcoin holdings were 4,525 BTC, placing it among the top ten public Bitcoin-holding companies. The recent purchase is part of a broader plan to accumulate a substantial Bitcoin treasury, which the company views not just as a treasury asset but as a strategic hedge against inflation and fiat currency devaluation.

In addition to the Bitcoin purchase, Metaplanet announced the issuance of 30 billion JPY ($208 million) in 0% ordinary bonds to acquire additional Bitcoin. This move is in line with the company's ambitious "555 Million Plan," which aims to raise $5.4 billion to buy 210,000 BTC by 2027. Metaplanet had initially set a target to accumulate 10,000 BTC by the end of 2025, which it achieved on June 16, and later updated its strategy to acquire 21,000 BTC by 2026.

Metaplanet's CEO, Simon Gerovich, highlighted the company's rapid progress in Bitcoin accumulation. "Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC," Gerovich stated on X. This aggressive approach to Bitcoin acquisition has been met with positive market response, with Metaplanet's stock price surging 10% following the announcement of the latest Bitcoin purchase.

Metaplanet's stock has shown significant growth, rising 53.5% in the past month and 370.7% year-to-date. Despite an initial drop after the announcement of the "555 Million Plan," the stock has rebounded and is currently trading at JPY 1,647. This surge in stock price reflects investor confidence in Metaplanet's strategic Bitcoin holdings and its ambitious plans for future acquisitions.