Japanese firm Metaplanet is now the fifth-largest corporate Bitcoin holder after purchasing 1,005 BTC for $108 million.
Bitcoin Purchase and New Ranking
Metaplanet acquired an additional 1,005 BTC for $108 million, increasing its total Bitcoin holdings to 13,350 BTC. The average purchase price was approximately $97,832 per BTC, bringing the total investment to $1.31 billion. At current market prices, Metaplanet’s Bitcoin treasury is valued at about $1.45 billion, allowing it to surpass companies like CleanSpark, Tesla, and Coinbase.
Bond Refinancing Strategy
The recent purchase follows Metaplanet's announcement of a bond refinancing strategy to fund its Bitcoin acquisitions. The company issued 30 billion yen ($208 million) in 0% ordinary bonds through its EVO fund while simultaneously buying back and canceling its third series of ordinary bonds worth 1.75 billion yen ($12 million). This allows Metaplanet to maintain interest-free accumulation.
Expansion Plans and Future Goals
Metaplanet has also outlined plans to raise $5.4 billion to acquire up to 210,000 BTC by 2027, potentially positioning it as the second-largest corporate Bitcoin holder globally. The aggressive expansion strategy has been well received by the market, with Metaplanet's stock price jumping 9% on Monday and over 350% since the beginning of 2025.
Metaplanet has significantly increased its Bitcoin assets and adopted a strategy that could position it as a leading player among corporate Bitcoin holders. Its expansion and accumulation plans place the company in a favorable position within the economy of digital currencies.
