Japanese-listed company MetaPlanet Inc. has increased its Bitcoin holdings by purchasing an additional 1,241 BTC, marking a 22% growth in its total.
Increase in Bitcoin Holdings
This latest acquisition cost the company approximately ¥18.42 billion (around $118 million) at an average price of ¥14.84 million per BTC. The total Bitcoin stash now stands at 6,796 BTC, valued at over ¥90.19 billion. With an average acquisition cost of just ¥13.27 million per coin, MetaPlanet is now Asia’s largest corporate holder of Bitcoin and ranks 11th globally.
Comparison with MicroStrategy
While MicroStrategy is often seen as the leader in corporate Bitcoin adoption, MetaPlanet is catching up quickly and outperforming in returns. The company achieved a 2x return on its Bitcoin position in just three months, whereas MicroStrategy took 19 months to reach similar gains.
Plans for Further Bitcoin Acquisition
MetaPlanet isn’t slowing down. The company recently announced a plan to raise $25 million to further expand its Bitcoin reserves, underscoring its aggressive approach to BTC investments.
Thus, MetaPlanet continues to strengthen its position in the Bitcoin market, demonstrating significant growth and ambitious future plans.
