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Metaplanet Continues Bitcoin Buying Spree With $13M Purchase

Metaplanet has expanded its Bitcoin (BTC) holdings by an additional $13.3 million in BTC.

4,206 BTC

On Wednesday, the Tokyo-listed company revealed that it acquired 160 BTC for approximately $13.3 million, at an average price of $83,264 per BTC.

 

Source: Metaplanet

 

This purchase brings Metaplanet’s total Bitcoin holdings to 4,206 BTC, valued at around $359.8 million, as reported by CEO Simon Gerovich. At current market prices, those 4,206 BTC are worth approximately $356.2 million.

 

9th Biggest Bitcoin Holder

Metaplanet has been steadily accumulating Bitcoin since it unveiled its crypto strategy in April 2024. With its total holdings of 4,206 BTC, it ranks as the ninth-largest publicly traded corporate holder of Bitcoin globally and the largest in Asia.

The company aims to hold 10,000 BTC by the end of 2025 and expand its reserves to 21,000 BTC by the close of 2026. However, Metaplanet’s stock dipped 0.98% during the morning trading session on Wednesday in Japan.

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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.

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