Metaplanet and Strategy Go Big on Bitcoin—$1.5B Bet as BTC Surges

Two firms just placed a billion-dollar vote of confidence in Bitcoin. Strategy and Metaplanet collectively scooped up 15,000 BTC—timing their move as prices rally toward new highs.

The whale move:
This isn’t pocket change. At nearly $1.5 billion, the purchase signals institutional players are still hungry for crypto exposure—even after last year’s ’crypto winter’ theatrics.

Why it matters:
When traditional finance types start throwing around ’digital gold’ money, you know the game’s changed. Or maybe they just finally read the whitepaper.

The cynical take:
Nothing says ’hedge against inflation’ like dumping fiat into an asset that can swing 20% before lunch. But hey—at least it’s not another overpriced SaaS startup.

Metaplanet holds more Bitcoin than El Salvador

Metaplanet disclosed that it had acquired 1,241 BTC for approximately $126.7 million on May 12.

This latest purchase brings the firm’s total bitcoin holdings to 6,796 BTC, bought at an average price of around $102,119 per coin.

With BTC trading above $104,000, the value of the firm’s holdings now exceeds $708 million, translating to an unrealized gain of more than $100 million.

The Tokyo-based company now holds more Bitcoin than the Central American nation of El Salvador, whose official holdings stand at 6,174 BTC, according to its National Bitcoin Office.

Metaplanet CEO Simon Gerovich emphasized the firm’s growing conviction in Bitcoin, pointing out that the firm has achieved a year-to-date BTC Yield of 170%.

He also added that the firm’s yield reached 38% between April 1 and May 12, showing continued value creation for shareholders through its BTC-focused treasury strategy.

Strategy stacks Bitcoin

Additionally, Strategy, led by BTC advocate Michael Saylor, revealed it bought 13,390 BTC between May 5 and May 11 for $1.34 billion, according to a May 12 filing with the US Securities and Exchange Commission (SEC).

This brings the company’s total Bitcoin holdings to 568,840 BTC, acquired at an average of $69,287 per coin. At current prices, that stash is worth close to $60 billion, and the firm is sitting on paper profits exceeding $20 billion.

Meanwhile, these latest purchases were funded through the sale of 3.2 million MSTR shares, which raised $1.31 billion, alongside an additional $25.1 million from the sale of STRK preferred stock.

As of May 11, Strategy stated that it still has the capacity to raise over $40 billion through these programs to fund more Bitcoin purchases.