Why Metaplanet Just Bought Another $117M in Bitcoin
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Metaplanet continues its Bitcoin buying spree, snapping up 1,088 BTC (~$117.5 million) at an average price of $108,051 per coin. Its total holdings now stand at 8,888 BTC (~$930 million), inching closer to its 10,000 BTC year-end target.
The Japanese firm has been on a Bitcoin accumulation streak, purchasing 7,126 BTC in 2025 alone. Last week’s $50 million bond issuance helped fund its latest acquisition.
Since embracing Bitcoin as a treasury asset in April 2024, Metaplanet has emerged as Asia’s largest corporate holder. CEO Simon Gerovich openly admires MicroStrategy’s Bitcoin strategy, modeled after Michael Saylor’s playbook.
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