Metaplanet’s Bitcoin Bet Soars: 463 BTC Purchase Nears $2B Total Holdings
Tokyo’s Metaplanet just doubled down on crypto—hard. The investment firm gobbled up another 463 BTC this week, pushing its total stash within spitting distance of a $2 billion valuation. Not bad for a company that probably still uses fax machines.
The Bitcoin Accumulation Game
While traditional finance hedges with gold ETFs, Metaplanet’s playing a different game. Their latest buy-in screams confidence in Bitcoin’s long-term thesis—or sheer desperation to outpace Japan’s inflation. Either way, it’s working.
The $2B Threshold Looms
At current prices, Metaplanet’s holdings now hover near the psychological $2 billion mark. That’s enough to make even BlackRock’s ETF team glance up from their spreadsheets. The move signals institutional adoption isn’t slowing—it’s accelerating, one corporate balance sheet at a time.
A Cynic’s Footnote
Of course, this could all end in tears if Bitcoin pulls one of its infamous -30% weekly plunges. But for now? Metaplanet’s riding the bull—while Wall Street still debates whether crypto is ‘a real asset class.’
Metaplanet: Asia’s Most Aggressive Corporate Bitcoin Holder
The Japanese company recently added more Bitcoin to its kitty on 28 July 2025.
Metaplanet launched its Bitcoin Treasury Operations in December 2024 and has since been hard at work acquiring BTCs using proceeds from capital market activities and operating income. Just a month ago, Metaplanet had 13,350 BTCs, as opposed to its 17,000-plus today. Incredibly, in the past three months alone, the company’s holdings of BTC have increased by 13000.
According to the company’s recent filing, it paid an average of ¥17.52M (approximately $119,136) per BTC, bringing its total investment in this round to ¥13.67 billion (approximately $92.93 million).
Key Takeaways
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Just last week, Metaplanet announced its intention to raise a staggering $3.7 billion through the issuance of perpetual preferred shares.
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Metaplanet’s vision extends far beyond its current holdings. Led by CEO Simon Gerovich, Metaplanet has set an audacious target: to acquire 210,000 BTC by the end of 2027.