Japanese investment powerhouse Metaplanet has significantly expanded its Bitcoin reserves with a fresh purchase of 1,004 BTC, bringing its total holdings to 7,800 BTC.
The Tokyo-listed firm announced the acquisition in a regulatory filing on May 19, 2025, revealing that the buy was made at an average price of $97,182 per BTC, amounting to an approximate value of $104 million. This brings Metaplanet’s total Bitcoin investment to around $712.5 million.
The purchase comes amid rising market optimism, as Bitcoin’s price surged past $100,000 fueled by U.S.-China tariff negotiations. According to Metaplanet’s official website, the company now holds an unrealized profit of $77.4 million from its Bitcoin investments. Following the announcement, Metaplanet’s shares spiked 12% on the Tokyo Stock Exchange, marking its highest valuation since February. The firm’s market capitalization climbed to ¥365.12 billion ($2.34 billion), based on Yahoo Finance data.
The new acquisition positions Metaplanet closer to major Bitcoin holders such as Jack Dorsey’s Block Inc, which holds 8,584 BTC, and Coinbase, with 9,267 BTC, as reported by Bitcoin Treasuries. This latest move underscores Metaplanet’s aggressive strategy in the cryptocurrency space, aligning with its ambition to accumulate 10,000 BTC by the end of 2025. With 7,800 BTC now secured, the company has achieved 78% of its target.
Metaplanet CEO Simon Gerovich previously stated that Bitcoin is a cornerstone of the firm’s long-term financial strategy. He emphasized that reaching the 10,000 BTC milestone is central to their mission of enhancing shareholder value through strategic crypto investments. As Bitcoin continues its upward trajectory, Metaplanet’s aggressive buying strategy could set a precedent for other institutional investors in Asia.
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