Metaplanet, a Japanese company, has made headlines in the cryptocurrency market by acquiring an additional 1,271 Bitcoins for $126.7 million.
Bitcoin Purchase
On May 12, 2025, Metaplanet made a significant purchase, acquiring 1,271 Bitcoins at an average price of $102,111 each. The transaction was funded through a $25 million bond issued at 0% interest, marking a strategic move for the company. As a result, Metaplanet's Bitcoin reserves reached 6,796, with total investments in Bitcoin over the past year amounting to $608.2 million at an average rate of $89,492 per coin. CEO Simon Gerovich announced an impressive 170% return on these investments.
Metaplanet's Stock Reaction
The announcement of the purchase led to a 3% increase in Metaplanet's stock, surpassing 550 Japanese Yen. Since mid-2024, the share value has skyrocketed by 1,700%, while growth for the year 2025 has already exceeded 51%.
Market Trend Analysis
Positive market conditions have supported Metaplanet's success, as Bitcoin experienced a 10.63% increase last week, nearing $105,000. Optimistic sentiments from U.S.-China trade discussions are expected to drive prices to new heights. Institutional interest remains robust, as evidenced by LookonChain's data showing another large investor purchasing 1,721 Bitcoins worth approximately $179 million over two days. However, experts advise caution, suggesting that strategies financed through bond issuances might introduce volatility. Nevertheless, Metaplanet aims to increase its holdings to 10,000 Bitcoins by late 2026 and plans to issue more bonds.
Metaplanet's strategic approach to Bitcoin purchasing may influence institutional investment strategies in the cryptocurrency sector, further integrating cryptocurrencies into mainstream financial markets.