Bitcoin News

Story: Metaplanet Buys 1,111 More Bitcoins as Market Dips, Eyes 1% of All BTC

By Sakamoto Nashi

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As the crypto market trembles under the weight of geopolitical turmoil, one company is doubling down.

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The purchase, valued at approximately 17.26 billion yen ($118 million), comes at a time when many investors are pulling back due to uncertainty stemming from the Iran-Israel…

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Metaplanet’s Strategic Timing Amid Market Turmoil

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While the broader crypto market suffered losses ranging from 5% to 10% this week, Metaplanet went in the opposite direction—buying more Bitcoin.

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According to company reports, the latest acquisition was made at an average price of 15.53 million yen per BTC, or around $105,946 per coin.

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As of June 23, Metaplanet holds 11,111 BTC in total, acquired for roughly $1.07 billion. The average purchase price across these holdings stands at $95,869 per Bitcoin.

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A Bold Goal: Owning 1% of Bitcoin’s Total Supply

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Metaplanet’s actions go far beyond typical treasury strategies. The company has made it clear that it is aiming to accumulate 210,000 BTC by 2027—an ambitious plan that would…

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To achieve this, the company is working toward raising $5.4 billion over the next two years.

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This goal represents one of the most aggressive corporate strategies in the crypto sector and underscores the growing trend of public companies treating Bitcoin as a core asset…

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Performance That Outpaces Traditional Benchmarks

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So far in 2025, Metaplanet has delivered a 306.7% return, far outperforming traditional stock market benchmarks like the S&P 500 and the Nikkei 225.

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Even with the recent price fluctuations, Metaplanet’s aggressive BTC accumulation strategy appears to be paying off—at least in terms of year-to-date growth.

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Share Price Stumbles Despite Positive BTC Gains

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However, not all market participants are convinced. Following the news of the latest purchase, Metaplanet’s share price fell by 8.77% to close at 1,635 yen on June 23.

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