Metaplanet Boosts Bitcoin Holdings with Another $6.6M Purchase, Now Holds 2,100 BTC

Japanese investment firm Metaplanet has expanded its Bitcoin portfolio with the acquisition of an additional 68.59 BTC, valued at approximately $6.6 million.

The purchase, made at an average price of $96,335 per Bitcoin, brings the company’s total holdings to 2,100 BTC, worth about $203 million, representing roughly 0.01% of the total Bitcoin supply.

The company, listed on the Tokyo Stock Exchange, launched its Bitcoin investment strategy in April 2024 and has since pursued an aggressive accumulation plan.

Metaplanet Aims to Reach 10,000 BTC by End of 2025

Metaplanet aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.

With this latest purchase, Metaplanet has achieved about 2.38% of its “21 Million Plan,” under which it issued 21 million shares of zero-discount stock acquisition rights to EVO FUND.

Following the announcement, Metaplanet’s stock closed 2.78% higher at 6,290 yen on Thursday, according to Yahoo Finance.

Despite the Nikkei 225 index dipping by 1.24% the same day, Metaplanet shares have surged 80.75% since the start of 2025 and an impressive 427.24% over the past six months.

The company’s stock has seen remarkable gains since shifting its strategic focus to Bitcoin, skyrocketing by 3,600% this year, making it Japan’s best-performing stock.

Metaplanet has taken steps to address the volatility in its share price.

Earlier in February, the company’s stock dropped over 8% following a 10-for-1 stock split aimed at improving liquidity for retail investors.

Metaplanet’s stock split will increase the total number of issued shares from approximately 39.1 million to 391.6 million.

The company stated that the move aligns with efforts to enhance market participation by lowering the price per unit for investors.

This move came after a reverse stock split in August 2024, which consolidated 10 shares into one, as rapid price appreciation had made shares less accessible.

Saylor’s Strategy to Raise $2 Billion for Bitcoin Purchases

Strategy, the business intelligence and Bitcoin acquisition firm formerly known as MicroStrategy, has announced plans to raise $2 billion through 0% senior convertible notes to further expand its Bitcoin holdings.

The company stated that net proceeds from the offering will primarily fund new Bitcoin acquisitions, with a portion allocated for general working capital.

It is worth noting that several U.S. states, including Illinois, Kentucky, Maryland, New Hampshire, New Mexico, North Dakota, Ohio, Pennsylvania, South Dakota, and Texas, have also introduced bills that could enable them to hold Bitcoin and other cryptos as reserve assets.

Furthermore, a dozen U.S. states have invested in Strategy, the company formerly known as MicroStrategy, with state pension funds and treasuries collectively holding $330 million worth of its stock as of the end of 2024.

California’s State Teachers Retirement System fund holds the largest stake, with 285,785 shares valued at approximately $83 million, based on the Feb. 14 filing with the U.S. Securities and Exchange Commission (SEC).

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