Metaplanet Doubles Down on Bitcoin—Drops $117.5M to Stack More Sats
Another corporate whale splashes into crypto waters. Tokyo-based investment firm Metaplanet just dropped a cool $117.5 million to bulk up its Bitcoin reserves—because apparently, holding yen wasn’t stressful enough.
Why This Move Matters
While traditional finance bros cling to their spreadsheets, forward-thinking firms are hedging with hard-capped digital gold. This isn’t dipping a toe in—it’s a cannonball into the deep end.
The Bigger Picture
With institutional adoption accelerating, Bitcoin’s proving it’s more than a speculative toy. Though let’s be real—some fund managers still think ’HODL’ is a typo.
Strategy Adds $75M in Bitcoin to Its Treasury
CEO Simon Gerovich has frequently cited MicroStrategy’s Michael Saylor as a key influence and views Bitcoin as a foundational asset for a new era of finance. Metaplanet’s commitment has also inspired other firms in the region, with companies like Twenty One adopting similar strategies, and some expanding into alternative digital assets such as Ether, XRP, and Solana.
The announcement sparked a 2.34% uptick in Metaplanet shares on the Tokyo Stock Exchange, rising to 1,094 yen during afternoon trading. The company’s stock has soared over 20x in the past year, though its U.S.-listed shares (MTPLF) declined 7.64% to $7.25 by Friday’s close.
Meanwhile, Bitcoin itself is trading around $105,000 after pulling back from a recent high of $111,800, and Metaplanet’s latest MOVE is being seen by some as a strong institutional signal in support of the asset’s long-term outlook.
