Home Bitcoin News Metaplanet Stock Jumps 14% After Bitcoin Purchase

Metaplanet Stock Jumps 14% After Bitcoin Purchase

Bitcoin Purchase

Metaplanet, a leading technology and investment company, saw its stock soar by 14% today after announcing that it had purchased 497 Bitcoins amid the recent market dip. The company’s decision to increase its Bitcoin holdings came at a time when the broader cryptocurrency market was facing volatility, driven by external factors such as former President Trump’s tariffs. Despite the challenges, Metaplanet’s bullish move has sparked renewed investor optimism.

Bitcoin, which dipped to $83,000 earlier this week, has since shown signs of recovery, now trading at around $87,166. The cryptocurrency’s price fluctuations and the broader market volatility have created a challenging environment for investors. However, Bitcoin’s recent recovery of over 4.5% has fueled hopes of a continued market rebound.

Metaplanet Purchases 497 Bitcoins

Metaplanet’s decision to buy 497 Bitcoins for $43.9 million at an average price of $88,448 per coin shows the company’s commitment to expanding its digital asset portfolio. As of March 5, 2025, Metaplanet’s total Bitcoin holdings have risen to 2,888 BTC, with a total investment of $240.2 million. This strategic purchase reflects the company’s long-term confidence in Bitcoin’s potential as a store of value.

Despite the volatility in Bitcoin’s price, which has seen significant fluctuations over the past few weeks, Metaplanet has continued to grow its position. CEO Simon Gerovich emphasized that the company remains bullish on Bitcoin and sees it as a critical component of its investment strategy moving forward. The average price Metaplanet paid for its Bitcoin is approximately $83,172 per coin, highlighting its ongoing commitment to accumulating the asset despite the market’s ups and downs.

Achieving Strong Bitcoin Yield in 2025

Metaplanet has also had a successful start to 2025, achieving a Bitcoin yield of 45.1% year-to-date. This impressive performance exceeds the company’s goal of attaining a 35% yield per quarter. For the period from October 1, 2024, to December 31, 2024, Metaplanet reported a remarkable yield of 309.8%, underscoring its ability to leverage Bitcoin’s volatility for significant returns.

As a result of these strong performances, Metaplanet’s stock has experienced a 16.89% surge, reaching 3,910 JPY. This marks a sharp recovery from February 2025, when the stock hit a record high of 7,000 JPY before losing nearly half of its value due to Bitcoin’s price correction. After bouncing off a support level of 3,310 JPY, the stock is now signaling a strong reversal, much to the satisfaction of investors.

Whale Activity and the Market’s Recovery

Following Bitcoin’s dip to $83,000 earlier this week, large investors, or “whales,” have been actively buying the dip. Crypto analyst Ali Martinez observed that whales have purchased over 20,000 BTC since the price dropped below $88,000 on February 24. This buying activity indicates growing confidence in Bitcoin’s future price potential, with many investors seeing the current market conditions as a good opportunity to accumulate.

Additionally, Martinez noted that Bitcoin’s Sharpe ratio has shifted from “High Risk” to “Low Risk,” further signaling that the current market presents a favorable entry point for investors looking to buy the dip. This move suggests that large institutional players and high-net-worth individuals are positioning themselves for future gains as the market stabilizes.

Conclusion

Metaplanet’s bold move to purchase more Bitcoin amid market volatility has paid off, with its stock surging by 14% following the announcement. As the company continues to expand its Bitcoin holdings, its confidence in the digital asset remains evident. With a target of reaching 10,000 BTC by 2025, Metaplanet is positioning itself for long-term success in the crypto space.

Meanwhile, the broader market, including Bitcoin, is showing signs of stabilization as whales continue to accumulate BTC. While market volatility remains a factor, the bullish momentum from institutional investors and Metaplanet’s performance is providing optimism for future growth in the cryptocurrency market. Investors will be watching closely to see if Bitcoin can continue its recovery and whether Metaplanet’s continued Bitcoin accumulation will strengthen its position as a leading crypto investor.

Read more about:
Share on

James Thorp

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×