Sign Up on MEXC
Highlights
- Metaplanet now holds 13,350 BTC acquired for a total of $1.31 billion.
- The company has been on a rapid acquisition spree, adding 10,000 BTC in the last three months.
- Metaplanet’s stock rose 10% today to 1,633 JPY, recovering from last week's losses.
Japanese giant Metaplanet has entered the list of top five Bitcoin holders, taking its latest holdings to 13350 BTC, with the latest purchase on June 30. Earlier today, the firm purchased an additional 1,005 BTC for an average BTC price of $107,601. Over the last week, the Japanese firm has overtaken giants like Tesla, CleanSpark, and Galaxy Digital. Following the development, the stock price has surged 10% today to 1633 JPY, after a healthy pullback under 1,500 JPY last week.
Metaplanet Fills the Bag With an Additional 1005 BTC
The Japanese public-listed firm recently announced the purchase of 1,005 BTC for approximately $108.1 million, at an average price of $107,601 per Bitcoin. This brings the company’s total Bitcoin holdings to 13,350 BTC as of June 30, 2025, acquired at a total cost of $1.31 billion, averaging $97,832 per Bitcoin.
After overtaking Tesla last week, Metaplanet has entered the list of the top five publicly listed Bitcoin holders, overtaking Bitcoin miner CleanSpark and Mike Novogratz’s Galaxy Digital with its latest purchase.
In a related development, Metaplanet has issued its 19th Series of Ordinary Bonds, valued at nearly $208 million. EVO FUND fully subscribed to the zero-coupon and unsecured bonds. The company plans to use the proceeds to repurchase JPY 1.75 billion in previously issued bonds, with the remaining funds allocated to further Bitcoin acquisitions.
The Japanese firm has been on a massive acquisition spree, recently announcing a $5 billion capital allocation for Bitcoin purchases through its US subsidiary. Over the last three months, the company has purchased a massive 10,000 BTC. Speaking on the development, CEO Simon Gerovich said:
“Just 3 months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC”.
Just two weeks back, the company raised its Bitcoin acquisition target to 30,000 BTC by the year-end. Furthermore, the company has already set the target of acquiring 1% of the total BTC supply i.e. 210,000, by the end of 2027, as part of its “555 Million Plan“.
Stock Jumps 10% Recovering From Past Week’s Losses
The Metaplanet stock price is up by 10% following today’s BTC purchases, recovering from the past week’s losses. After rejection at 1,900 JPY, the stock faced selling pressure with bears pushing it under 1,500 JPY. However, the MTPLF stock, trading in the US market, continues to roar on Wall Street, clocking nearly 1 million trading volumes.
As the company continues with its Bitcoin purchases, the stock correction seems to be behind us. As of press time, it is trading 9.60% up at 1633 JPY.
- Bitcoin Treasuries Add Nearly $1B BTC This Week as Holdings Cross 1M BTC
- Peter Schiff Criticizes Bitcoin’s Performance Following Gold’s Rally To New ATH
- Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
- Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
- World Liberty Financial Discloses Reason for Blacklisting 272 Wallets
- HBAR Price Forecast: Analyst Targets 123% Rally as ETF Approval Odds Hit 90%
- Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
- XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
