Featured News Headlines
Metaplanet Increases Bitcoin Holdings, Aims for 210,000 BTC by 2027
Metaplanet has reinforced its confidence in Bitcoin by purchasing an additional 780 BTC for approximately $92.5 million, at an average price of $118,622 per bitcoin. This latest acquisition brings Metaplanet’s total holdings to 17,132 BTC, valued at around $2 billion at current market prices.
Strategic Bitcoin Accumulation Since 2024
The Tokyo-listed company began its Bitcoin accumulation strategy in April 2024 and recently announced an ambitious new target to hold over 210,000 BTC by the end of 2027, aiming to secure 1% of Bitcoin’s total supply. CEO Simon Gerovich shared on X (formerly Twitter) that the company’s overall average purchase price for Bitcoin stands at $101,030 per BTC.
Strong Financial Performance Boosts Confidence
Metaplanet’s bitcoin-focused business continues to drive impressive revenue growth, generating nearly 1.1 billion yen ($7.6 million) in the second quarter of 2025—a 42.4% increase year-over-year according to the company’s latest quarterly disclosure.
Despite a 16.3% decline in stock price over the past month, Metaplanet’s shares jumped 5.6% on Monday, reaching 1,247 yen ($8.4) midday in Tokyo, and remain up a remarkable 258.3% year-to-date, per Yahoo Finance data.
Bitcoin Price Steady Amid Market Activity
Bitcoin itself edged up 0.9% in the last 24 hours, trading around $119,267 at the time of writing, according to The Block price index.
