Japanese investment firm Metaplanet has made headlines with its recent acquisition of 2,205 BTC. This strategic move brings the company’s total Bitcoin holdings to 15,555 BTC, positioning it as the fifth-largest corporate holder of the cryptocurrency.
Purchase Details
CEO Simon Gerovich announced the news on Monday via an X post. The purchase was made for a total of $238.7 million, at an average price of $108,237 per Bitcoin. As of July 7, Metaplanet’s cumulative Bitcoin holdings had been procured for approximately $1.54 billion, with an average price of $99,307 per unit.
To gauge the success of its Bitcoin investment strategy, Metaplanet employs a metric known as BTC Yield, which estimates the additional value generated per share over time. Gerovich highlighted that the firm has achieved a notable BTC Yield of 416.6% so far in 2025.
Adhering to an aggressive Bitcoin accumulation strategy, Metaplanet’s latest acquisition follows a series of significant purchases made in recent months. Just prior to this, the firm acquired 1,234 BTC for $133 million on June 26, and additionally purchased 1,111 BTC worth $118 million shortly before that. Earlier in June, Metaplanet spent $117 million on 1,112 BTC, marking a significant milestone by pushing its overall holdings past the 10,000 BTC mark.
With its current holdings of 15,555 BTC, Metaplanet has outstripped competitors like Cleanspark Inc. and Galaxy Digital, now ranking as the fifth-largest publicly listed Bitcoin holder. The company has ambitious plans, aiming to expand its holdings to 30,000 BTC by the year’s end and setting a target of 210,000 BTC by 2027, which would equate to approximately 1% of Bitcoin’s total supply.
In related news, Europe’s first Bitcoin treasury company recently announced its acquisition of 116 BTC for $12.6 million on July 7. The Blockchain Group now boasts a total of 1,904 BTC, which is valued at around $203 million. The France-based firm has reported an impressive year-to-date BTC Yield of 1,348.8%.
Capital Market Activities
Following the announcement of its latest Bitcoin purchase, Metaplanet’s stock has experienced modest gains. Currently trading at ¥1,568 each, this figure reflects a 1.49% increase over the past 24 hours, and a staggering rise of 1,854% since last year, according to Google Finance data.
The Tokyo-listed firm finances its Bitcoin acquisitions primarily through stock and bond issuances. In June, Metaplanet issued $210 million in zero-coupon straight bonds to EVO Fund, with all proceeds directed towards buying BTC. Additionally, the company announced its 19th Series of Ordinary Bonds valued at approximately $190 million later in the month.
Earlier in June, Metaplanet successfully completed the early redemption and full repayment of its 16th, 17th, and 18th Series bonds for a total of $281 million, utilizing proceeds from the exercise of its stock acquisition rights.
This post originally appeared in CryptoPotato.