Business

Metaplanet Buys $12.6M Worth Of Bitcoin

Metaplanet has purchased an additional $12.6 million worth of Bitcoin (BTC), furthering its acquisition strategy.

Haider Jamal
March 24, 2025

Eric Trump Joins The Company

On Monday, the Japanese investment firm announced that it acquired 150 BTC at approximately $83,801 per BTC. This brought its total holdings to 3,350 BTC, purchased for around $278.8 million, according to CEO Simon Gerovich.

Source: X (@Metplanet_JP)

This move follows the recent appointment of Eric Trump, the second son of U.S. President Donald Trump, to Metaplanet’s Strategic Board of Advisors. Gerovich highlighted that Eric Trump’s “business expertise and enthusiasm for BTC” would play a key role in the company’s mission to become “one of the world’s leading Bitcoin Treasury Companies.”

Metaplent Continues Its Rise

Metaplanet has been steadily increasing its BTC reserves since launching its Bitcoin acquisition strategy in April 2024. The company aims to own 10,000 BTC by the end of 2025 and 21,000 BTC by the close of 2026.

Metaplanet currently ranks as the 10th largest corporate Bitcoin holder globally and is the largest in Asia, with its stock surging by nearly 5% in Japan last week. MicroStrategy holds the top position, with nearly 500,000 BTC.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.