Metaplanet, a Japanese investment company, announced a significant Bitcoin purchase, making it one of the largest public holders of BTC.
Metaplanet's Bitcoin Acquisition
Metaplanet purchased 1,112 Bitcoins, increasing its total holdings to 10,000 BTC as of June 16, 2025. This move highlights the company's strategic shift towards Bitcoin-centric assets.
Market Reaction to the Purchase
Following the announcement of the purchase, Metaplanet's stock increased by 22%. This surge in stock price indicates a positive investor response to the company's strategy.
Company Strategy and Outlook
The company aims to reach 100,000 BTC by 2026 and 210,000 BTC by 2027. CEO Simon Gerovich stated, "Surpassing Coinbase not only strengthens our position but reinforces our vision for the future of corporate treasury management."
Metaplanet's clear focus on Bitcoin as an asset underscores its status as a corporate reserve. This approach could lead to changes in regulatory frameworks.