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Metaplanet Acquires Additional 162 BTC Despite Market Fluctuations

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by Giorgi Kostiuk

6 hours ago

Tokyo-based investment firm Metaplanet continues to increase its Bitcoin holdings despite market fluctuations.

Recently Acquired Cryptocurrencies

Metaplanet purchased an additional 162 Bitcoins for $13.5 million, with an average price of $83,123 per Bitcoin. CEO Simon Gerovich confirmed the purchase via X (formerly Twitter).

Metaplanet's Stock Rises Post Announcement

Following the announcement, Metaplanet's stock rose 8.1% to 3,610 yen in midday trading in Japan, according to Yahoo Finance.

Company's Long-term Goals

Metaplanet aims to significantly increase its Bitcoin reserves. In December 2024, the company designated Bitcoin operations as a core business line. The firm has added around 1,300 BTC in 2025 and aims to reach 10,000 BTC by the end of this year and 21,000 BTC by 2026.

Metaplanet demonstrates confidence in minimizing risks by continuing its aggressive Bitcoin accumulation strategy, standing out among Japan's public firms.

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