Bitcoin News

Story: Metaplanet Boosts Bitcoin Holdings to 18,888 BTC Worth $2.2B

By Evie Vavasseur

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Latest Purchase Pushes Holdings Near 19,000 BTC. The company disclosed the latest acquisition in a statement on Monday.

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A Strategy Launched in 2024. Metaplanet began its Bitcoin accumulation strategy in April 2024, joining the growing list of…

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Strong Earnings Bolster Confidence. The company’s aggressive accumulation comes on the back of a strong second-quarter earnings report.

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Stock Market Reaction: Mixed Sentiment. Despite the bullish stance on Bitcoin, Metaplanet’s stock has faced turbulence. Shares fell 8.

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Why Metaplanet Is Betting Big on Bitcoin. Metaplanet’s conviction mirrors a broader trend of corporates adopting Bitcoin as a strategic asset.

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Positioning Among Global Bitcoin Treasuries. Metaplanet’s 18,888 BTC places it in rare company. As of now, only a handful of publicly listed…

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Looking Ahead: Can Metaplanet Sustain Its Strategy?. The key question is whether Metaplanet can sustain its aggressive Bitcoin accumulation strategy in…

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Final Thoughts. Metaplanet’s latest $93 million Bitcoin purchase is more than just another corporate buy — it’s a…

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Japanese investment firm Metaplanet has expanded its already-massive Bitcoin treasury, purchasing an additional 775 BTC for roughly $93 million.

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The company disclosed the latest acquisition in a statement on Monday. According to Simon Gerovich, Metaplanet’s president, the firm acquired 775 BTC at an average cost of…

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This latest addition brings Metaplanet’s total Bitcoin stash to 18,888 BTC, acquired at an average purchase price of $102,653 per coin.

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“18,888 BTC. Onward and upward,” Gerovich wrote on X, signaling the company’s continued optimism.

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Metaplanet began its Bitcoin accumulation strategy in April 2024, joining the growing list of corporations treating BTC as a core treasury reserve asset.

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According to data from Bitcointreasuries.net, Metaplanet now ranks seventh worldwide in corporate Bitcoin ownership, trailing only giants like MicroStrategy and Tesla.

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Revenue: 1.2 billion yen ($8.4 million), a 41% increase quarter-on-quarter.

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