Market

Metaplanet Buys 497 BTC, Continues Acquisition Strategy

Metaplanet has spent an additional $43.9 million to acquire 497 Bitcoin (BTC).

Haider Jamal
March 5, 2025

Bitcoin Treasury Operations

The Japanese investment firm purchased the additional 497 BTC at an average price of $88,448 per Bitcoin, increasing its total holdings to 2,888 BTC, amounting to roughly $240.2 million.

Source: Metaplanet Inc.

This latest acquisition also follows closely after Metaplanet’s purchase of 156 BTC on Monday for $13.4 million. Since announcing its crypto acquisition strategy in April 2024, the company has slowly established its Bitcoin treasury operations as a core business unit.

Lofty Ambitions

The firm has set ambitious goals for 2025, aiming to accumulate 10,000 BTC by the end of the year as well as 21,000 BTC by the end of 2026. Metaplanet’s stock saw a 17% increase on Wednesday in Japan, while the Nikkei 225 index gained 0.55% so far today.

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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.