Metaplanet Doubles Down: Snaps Up 463 More BTC, Now Holds a Whopping 17,595 Bitcoin

Another day, another crypto whale making moves—while traditional finance still debates 'if' Bitcoin is an asset.

Metaplanet just dropped another $25M+ (at current prices) to grab 463 BTC, pushing its total stash to 17,595 coins. That’s roughly $1 billion in cold, hard, decentralized storage.

Why? Because while Wall Street hedges with ETFs, the smart money’s stacking the real thing. No middlemen, no futures contracts—just pure, uncensorable scarcity.

Fun fact: This puts Metaplanet’s holdings in the same league as Michael Saylor’s coffee budget. Meanwhile, goldbugs weep into their vaults.

Focus on long-term accumulation

Metaplanet’s CEO, Simon Gerovich, has reiterated the firm’s commitment to its long-term goal of holding 210,000 BTC—equivalent to 1% of the total bitcoin supply—by the end of 2027.

The company is currently 8.4% of the way toward this ambitious target.

Strategy modeled after MicroStrategy

On August 2, Metaplanet announced an offering of approximately $3.73 billion in perpetual preferred shares to raise additional funds for bitcoin purchases.

This approach closely follows the playbook of MicroStrategy, which has aggressively used similar financial instruments to build up its own massive bitcoin treasury.

The company stated in its disclosure:

“Our latest acquisition demonstrates our continued commitment to bitcoin as a treasury asset.”

Growing competition among public holders

Metaplanet currently trails firms such as MicroStrategy, Marathon Digital, XXI, Bitcoin Standard Treasury Company, Riot Platforms, and TRUMP Media in overall bitcoin holdings.

The number of public companies holding bitcoin has risen to 162, up from 112 in late May. For a comprehensive database, see the bitcoin treasuries list.