Metaplanet, a major player in the crypto world, has significantly increased its Bitcoin holdings by adding an extra 1,005 BTC. This purchase, worth an estimated $108 million, raises the company’s total Bitcoin assets to 13,350 BTC. With this move, Metaplanet has now outpaced both Galaxy Digital and CleanSpark in terms of Bitcoin holdings.
Simon Gerovich, the CEO of Metaplanet, confirmed on Monday that the latest Bitcoin purchase was made at an average price of $107,601 per Bitcoin. This brings the total value of the company’s Bitcoin holdings to approximately $1.4 billion at current market rates.
This impressive new addition places Metaplanet as the fifth-largest publicly listed corporate holder of Bitcoin, as per the data from BitcoinTreasuries.net. This data, however, does not yet include the company’s recent acquisition. Metaplanet now leads Galaxy Digital, holding 12,830 BTC, and CleanSpark with 12,502 BTC.
Gerovich stated during an interview, “We announced during our shareholder meeting three months ago that we reached 3,350 BTC — and we’ve now added an additional 10,000 to reach 13,350 BTC.” Metaplanet also declared a new goal earlier this month to amass over 210,000 BTC by the end of 2027.
In related news, Metaplanet issued ordinary bonds worth 30 billion yen ($208 million) with a zero-interest rate. These bonds are set to be redeemed by Dec. 29, 2025. The company also revealed a buyback and cancellation plan for its third series of bonds, which were first announced in November 2024.
Metaplanet explained that part of the funds raised from the new bonds would be allocated towards the buyback and cancellation, with the leftover funds being used for more Bitcoin purchases. This news led to a 9.9% surge in Metaplanet’s stock on Monday morning in Japan, according to data from Yahoo Finance. The company’s stock has seen a 53.5% increase over the past month and a whopping 370.7% rise year-to-date.
Disclaimer: The news provided here is for informational purposes only and should not be considered as financial, legal, tax, or investment advice. Always do your own research before making any investment decisions.
