Metaplanet, a Tokyo-based investment firm, announced its acquisition of 10,000 BTC, making it the ninth largest public Bitcoin holder.
Acquisition of Bitcoin by Metaplanet
On June 16, 2025, Metaplanet, a Tokyo-based investment firm, announced the acquisition of 10,000 BTC, making it the ninth largest public Bitcoin holder. Previously, Coinbase held 9,267 BTC.
Impact on Shares and Strategic Plans
This significant acquisition underscores the firm's commitment to leveraging digital assets as a strategic reserve. Following the announcement of this acquisition, Metaplanet's shares rose by 17%. The firm also approved a $210 million zero-interest bond and announced a $5.4 billion equity offering for further Bitcoin acquisitions. CEO Simon Gerovich stated that their total BTC investment amounts to approximately $947 million.
Outlook and Market Influence
Metaplanet's acquisition elevates demand for BTC, potentially stabilizing prices due to institutional buy-side pressure. Other assets, such as ETH, remain unaffected as Metaplanet focuses solely on Bitcoin. This strategic focus mirrors past trends seen with MicroStrategy, promoting market stability and legitimacy.
The Metaplanet acquisition highlights the ongoing institutional adoption of Bitcoin. The success of the company's strategy could encourage more businesses to adopt Bitcoin as a reserve asset.
