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Metaplanet adds to Bitcoin haul with $12.9 million BTC purchase

Metaplanet adds to Bitcoin haul with $12.9 million BTC purchase

Coinjournal2025/02/25 09:44
By: Coinjournal
BTC-1.61%MSTRBEP200.00%
Metaplanet adds to Bitcoin haul with $12.9 million BTC purchase image 0
  • Metaplanet now holds 2,235 bitcoin.
  • The publicly-traded company is the ‘Strategy’ of Asia and aims to hit 10,000 BTC by end of 2025.

Metaplanet, the Japanese investment firm that has become one of the most aggressive buyers of Bitcoin, has added to its holdings with a fresh 135 BTC purchase.

The company announced the purchase of the $12.9 million BTC on Tuesday, Feb. 25.

Metaplanet acquired the Bitcoin at the average buy price of 14.3 million yen, or about $95,951 per BTC.

Metaplanet buys more BTC

As the company revealed in a release, this purchase brings Metaplanet’s total holdings to 2,235 BTC. It sees the company’s BTC haul rise significantly, having stood 1,761 BTC on December 31, 2024.

Notably, Metaplanet held just 141 bitcoins on June 30, 2024.at the end of June 2024. This Bitcoin buying followed the investment firm’s decision to adopt BTC as a treasury strategy in April, with the move drawing inspiration from Michael Saylor’s Strategy ( formerly MicroStrategy ).

On Monday, Feb. 24, Saylor announced that his company had acquired an additional $1.99 billion worth of Bitcoin. The 20,356 BTC brought the firm’s total holdings to 499,096 BTC acquired for over $33.1 billion.

Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR https://t.co/mNWDaXRE7N

— Michael Saylor⚡️ (@saylor) February 24, 2025

Strategy could surpass the 500k mark with the next buy, particularly as current prices offer a buy the dip opportunity.

On its part, Metaplanet is looking to hit 10,000 BTC in 2025 and double that over the next year as it targets 21,000 bitcoin by the end of 2026.

Bitcoin traded around $88,670 on Tuesday morning, down more than 7.3% in the past 24 hours. The entire market was down nearly 10% as a massive sell-off wiped out millions in crypto liquidations.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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