Metaplanet, a Japan-based investment firm, has made another major move in the cryptocurrency market by purchasing 1,004 Bitcoin (BTC) worth approximately $104 million. This marks the company’s second-largest Bitcoin purchase to date and brings its total holdings to 7,800 BTC, valued at over $800 million at current prices.
The acquisition solidifies Metaplanet’s status as Asia’s largest corporate Bitcoin holder and one of the top 10 public companies globally in terms of BTC reserves.
Consistent and Aggressive Accumulation Strategy
This latest purchase follows a series of significant Bitcoin buys by the company. Earlier this month, Metaplanet acquired 1,241 BTC for $129 million, and prior to that, it bought 555 BTC on May 7. The firm has set a clear and bold goal—to accumulate 10,000 BTC by the end of 2025.
“Our objective is to build a long-term Bitcoin position as a core part of our corporate treasury strategy,” Metaplanet stated in its latest investor update.
Strong Market Confidence and Stock Surge
Metaplanet’s aggressive Bitcoin strategy has attracted strong attention from investors. Following the announcement of the recent purchase, the company’s stock price jumped by 15%, reaching 712 JPY per share. Over the past month, the stock has seen a remarkable 101.7% increase, showing strong market confidence in its crypto-focused direction.
Smart Financing via Zero-Coupon Bonds
To fund this $104 million Bitcoin acquisition, Metaplanet issued zero-coupon bonds worth ¥3.6 billion (approximately $24.8 million). These bonds will be repaid through future stock rights exercises, allowing the company to scale its Bitcoin position without burdening its cash flow.
This strategic financing method enables Metaplanet to grow its digital asset reserves while maintaining operational flexibility.
Institutional Trend Toward Bitcoin
Metaplanet’s increasing Bitcoin holdings reflect a broader trend of institutional adoption of digital assets. As macroeconomic concerns such as inflation and fiat currency devaluation persist, more companies are beginning to see Bitcoin as a store of value and a treasury reserve asset.
With Bitcoin hovering around $103,000, Metaplanet’s bullish stance may inspire other Asian and global firms to follow suit.
Conclusion
By acquiring 1,004 more BTC, Metaplanet is not only reinforcing its commitment to digital assets but also positioning itself as a global leader in corporate Bitcoin adoption. With its eyes set on 10,000 BTC, the company is paving the way for a new era of Bitcoin-backed financial strategies.