Metaplanet Doubles Down: Snaps Up 518 More BTC, Now Holds a Whopping 18,000+ Bitcoin
Another day, another corporate Bitcoin binge—and this one's a doozy.
Metaplanet just dropped a cool $25M-ish (give or take volatility) on 518 fresh BTC, pushing its total stash north of 18,000 coins. That’s enough to make even MicroStrategy raise an eyebrow.
Why the frenzy?
While legacy finance plays musical chairs with rate cuts, crypto-native firms keep stacking sats like there’s no tomorrow. Metaplanet’s latest buy-in screams conviction—or maybe just FOMO dressed up as treasury management.
The bigger picture
With this purchase, the Tokyo-listed firm cements itself as Asia’s most aggressive public BTC accumulator. No gold bonds or equity buybacks here—just pure, unfiltered Bitcoin maximalism.
Funny how ‘risky’ assets become boardroom gospel when fiat currencies start smelling like stale printer ink.
Metaplanet’s expanding bitcoin strategy
With this latest acquisition, Metaplanet remains the sixth-largest corporate holder of bitcoin globally, surpassing many institutional competitors.
The firm has ramped up its bitcoin purchases over the past year, mirroring strategies seen from other high-profile companies.
Following the MicroStrategy playbook
Metaplanet’s approach closely resembles that of MicroStrategy, which has famously accumulated bitcoin through repeated share issuances.
MicroStrategy, now rebranded as Strategy, currently holds over 628,000 BTC, making it the largest public corporate holder.
Metaplanet recently announced plans to raise $3.7 billion via a large stock offering aimed at further increasing its bitcoin holdings.
For a full overview of Metaplanet’s on-chain bitcoin position, see the Metaplanet bitcoin treasury tracker.
Market reaction and bitcoin price trends
Shares of Metaplanet fell by 2.4% following news of the purchase, while bitcoin itself traded down 2.6% at $118,927 after nearing record highs above $123,000 earlier in the week.