Metaplanet Joins Bitcoin Elite With $117M Mega-Buy—Wall Street Still Doesn’t Get It

Tokyo-based investment firm Metaplanet just bulldozed its way into crypto’s most exclusive club—the top 10 Bitcoin holders—with a jaw-dropping $117 million purchase. Move over, MicroStrategy—there’s a new corporate whale in town.

While traditional finance scrambles to explain ’market volatility,’ forward-thinking firms are quietly stacking sats. This isn’t hedging—it’s a full-scale bet against fiat’s slow collapse.

Bonus jab: Meanwhile, your pension fund still thinks bonds at 2% are ’safe.’ Good luck with that.

Metaplanet Hits Milestone

Metaplanet began buying Bitcoin in April 2024. Since then, it has moved faster than many long‐time holders. Block Inc., which started its Bitcoin program in October 2020, currently has 8,584 BTC, making it just behind Metaplanet.

*Metaplanet Acquires Additional 1,088 $BTC, Total Holdings Reach 8,888 BTC* pic.twitter.com/X2clAIKNbR

— Metaplanet Inc. (@Metaplanet_JP) June 2, 2025

BitcoinTreasuries data shows Metaplanet is now the 10th‐largest publicly traded Bitcoin holder. By contrast, Strategy (formerly MicroStrategy) leads the pack with 580,250 coins, and El Salvador’s national reserves stand at 6,195 BTC.

Cost And Market Value

According to the latest update, Metaplanet spent about $117 million on its most recent 1,088 BTC purchase. In total, the firm has poured nearly $830 million into its Bitcoin treasury. As of June 2, 2025, those 8,888 coins are valued at approximately $932 million.

That leaves an unrealized gain of around $102.5 million on the books. The report also shows that Metaplanet’s Bitcoin Yield hit 96% between January 1 and March 31, 2025. From April 1 to June 2, 2025, the yield stands at 66%.

Other firms are following the same path. Strategy holds 580,250 Bitcoins and has hinted at another buy on social media. DDC Enterprise just added 79 BTC to bring its total to 100. Jetking, a firm listed in India, added nearly six coins and now holds 21.

Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT

— Michael Saylor (@saylor) June 1, 2025

Meanwhile, Brazilian company Méliuz is planning a public share sale to raise R$450 million (about $78 million) with the aim of buying Bitcoin. Based on reports, DDC’s CEO Norma Chu said Bitcoin’s limited supply and 24/7 liquidity fit their treasury needs.

Governments are also stepping in. El Salvador has piled up 6,195 BTC in its national reserve. Across borders, Panama’s state‐owned bank plans to open Bitcoin savings accounts and allow tax payments in crypto.

Metaplanet has acquired 1088 BTC for ~$117.3 million at ~$107,771 per bitcoin and has achieved BTC Yield of 225.4% YTD 2025. As of 6/2/2025, we hold 8888 $BTC acquired for ~$829.7 million at ~$93,354 per bitcoin. $MTPLF pic.twitter.com/FYjiHiOIzL

— Simon Gerovich (@gerovich) June 2, 2025

Panama City’s mayor, Mayer Mizrachi, announced these moves during the Bitcoin Conference 2025 in Las Vegas. Tower Bank in Panama also agreed to accept cryptocurrency tax payments, signaling growing official support.

Metaplanet has set a target to reach 10,000 BTC by the end of 2025. With 8,888 coins already secured, the firm is at nearly 89% of that goal. The company’s CEO, Simon Gerovich, marked the milestone with a post celebrating the lucky “8888” figure.

Featured image from Unsplash, chart from TradingView