Tokyo-based investment firm Metaplanet has announced the acquisition of 1,005 BTC for approximately $108 million, solidifying its position in corporate Bitcoin investments.
New Bitcoin Purchase
Metaplanet now holds a total of 13,350 BTC, valued at roughly $1.45 billion today. CEO Simon Gerovich stated that the average cost for this batch of Bitcoin was around $107,601 each.
Accumulation Strategy
Metaplanet's strategy aims to acquire over 210,000 BTC by the end of 2027. The latest acquisition was financed through the issuance of ¥30 billion (approximately $208 million) in bonds, maturing in December 2025.
Market Reaction and Company's Future
The news of the purchase triggered a positive market reaction, with shares rising nearly 10%. This year, Metaplanet's stock has surged over 350%, reflecting increasing investor confidence in its Bitcoin-oriented strategy.
With each new acquisition, Metaplanet reinforces its strategy for corporate asset management and the growing role of Bitcoin as a long-term store of value.
