Metaplanet, aka Asia’s Strategy, on Monday said it has acquired an additional Bitcoin for over $632 million. After the latest purchase, Japan-listed Metaplanet becomes the fifth-largest corporate Bitcoin treasury, surpassing Bullish crypto exchange in total Bitcoin holdings. Meanwhile, the stock is down nearly 0.50% to 605 JPY, after the latest rebound in the stock last week.
Metaplanet purchased an additional 5419 BTC at an average price of $116,724 per Bitcoin, according to an official announcement on September 22. Also, the company’s quarter-to-date BTC yield increased to 10.3%.
With the latest Bitcoin buy, the company expanded its total Bitcoin treasury to 25,555 BTC worth nearly $3 billion. It surpassed BTC holdings of Bullish crypto exchange, according to Bitcoin Treasuries data.
Metaplanet purchased these BTC for nearly $2.71 billion at an average price of $106,065 per BTC. This indicates the company is sitting on an unrealized profit of almost $290 million after the latest buy.
CEO Simon Gerovich also took to X to share about the latest BTC buy with shareholders and the crypto community. He revealed that the company has achieved a BTC yield of 395.1% year-to-date (YTD) 2025 under the accelerated Bitcoin strategy.
Metaplanet stock price slipped nearly 0.50% to 605 JPY as BTC price extends its fall in the past few days. The 24-hour low and high were 599 and 650 JPY. However, the 24-hour trading volume was lower than the average volume of almost 46 million.
According to Yahoo Finance, the stock price has plunged more than 27% in a month as institutional investors continue to short the stock. Short selling by financial giants such as Morgan Stanley, Jefferies, and UBS has reduced the year-to-date return to almost 74%.
Meanwhile, MTPLF stock closed 3.81% higher $4.09 on Friday, expanding the YTD increase to nearly 83%. Metaplanet announced new subsidiaries in the U.S. and Japan to expand its Bitcoin income generation business. This comes following the closing of $1.4 billion raised to boost its Bitcoin treasury.
BTC price dropped more than 1% to trade at $114,685 at the time of writing. The 24-hour low and high were $114,199 and $115,901, respectively. Trading volume has increased by 36% over the last 24 hours.
CoinGlass data showed mixed sentiment in the derivatives market as the total BTC futures open interest fell more than 0.70% to almost $83 billion in the last 24 hours.
Meanwhile, BTC futures open interest on CME and Binance climbed 0.31% and 0.22% in the last few hours, respectively. This signals cautious buying among traders in the last 24 hours.
President Donald Trump is on a state visit to China this week, marking the first…
Strategy's STRC raised an estimated $240.13 million net proceeds with its at-the-market (ATM) program. It…
Galaxy Digital's Alex Thorn says the newest edition of the CLARITY Act could get a…
JPMorgan Chase & Co. is ramping up its blockchain-related initiatives. It aims to introduce a…
Payward, the parent company behind crypto exchange Kraken, has joined forces with global asset manager…
The U.S. Senate has confirmed Kevin Warsh as a member of the Federal Reserve board,…