Japanese Investment Company Metaplanet Accumulated 3,200 Bitcoins ✔️

Mar-19-2025 10:04:19 AM
Metaplanet CEO Simon Gerovich said the purchase brought the firm's Bitcoin holdings to 3,200 BTC, worth more than $266 million. Inspired by the strategy of US company Strategy, Metaplanet has bet on Bitcoin as a key reserve asset, which has already brought the company significant results, Gerovich said.
Since April 2024, when the Japanese company adopted the “bitcoin standard,” Metaplanet has been acquiring BTC at an average price of $82,100 per coin. As of March 18, these assets have provided a return of 60.8% since the beginning of the year, which has brought the company into the top 10 public holders of bitcoin in the world. Metaplanet’s market capitalization has grown by 7,000% in a year, and the number of shareholders has exceeded 50 thousand.
The head of Metaplanet said that the company's plans for 2025-2026 include increasing the bitcoin portfolio to 10 thousand coins by the end of 2025 and 21 thousand by the end of 2026. To do this, Metaplanet intends to raise about $750 million by selling 21 million shares of the company, which will be the largest capital raising for the purchase of bitcoins in Asia. In addition, the company is considering listing on American exchanges such as NYSE and Nasdaq to expand the availability of its shares to global investors.
Recently, Strategy, founded by businessman Michael Saylor, reported the purchase of 130 bitcoins for $10.7 million. According to the company's data, it currently holds 499,226 bitcoins. This is approximately 2.52% of the entire supply of the first cryptocurrency by capitalization. Strategy spent $33.1 billion on the purchase of bitcoins at an average price of $66,360 per coin.