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Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 BTC worth over $930 million

Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 BTC worth over $930 million

The BlockThe Block2025/06/01 16:00
By:By Danny Park

Quick Take Metaplanet announced that it has purchased an additional 1,088 BTC, bringing its total holdings to 8,888 BTC. The company has a year-end target of holding 10,000 BTC in its corporate treasury.

Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 BTC worth over $930 million image 0

Japan's Metaplanet announced today it purchased an additional 1,088 BTC, bringing its total holdings to 8,888 BTC ($930 million).

The latest purchase cost Metaplanet 16.885 billion Japanese yen ($117.5 million), buying bitcoin at its per token price of 15.5 million yen ($108,051). This announcement came after the company  issued $50 million in zero-interest bonds last week.

The most recent increase in Metaplanet's holdings put the company one step closer to its year-end target of 10,000 BTC. The company has accelerated its Bitcoin accumulation this year, acquiring 7,126 BTC in 2025 alone.

After adopting the bitcoin treasury strategy in April 2024, Metaplanet quickly became Asia's largest publicly traded bitcoin holder and among the top 10 global holders. Strategy remains the top bitcoin holder in the world, with 580,250 BTC under its belt.

Metaplanet CEO Simon Gerovich has cited MicroStrategy's corporate Bitcoin strategy and its executive chairman, Michael Saylor, as key inspirations for the company's own adoption of Bitcoin as a treasury asset.

Following Strategy and Metaplanet's success, multiple firms have also joined the crypto treasury bandwagon, such as Jack Mallers-led Twenty One . Several other companies have branched out to build corporate treasuries using Ether, XRP, Solana, and other altcoins.

Metaplanet stocks on the Tokyo Stock Exchange rose 2.34% today to 1,094 yen as of 1:15 p.m. local time, while markets remain open. The stock has surged twentyfold over the past year, according to Yahoo Finance data . The company's U.S. OTC Market-listed stock (MTPLF) closed down 7.64% to $7.25 last Friday.

Meanwhile, the price of bitcoin trades around $105,000, appearing to stabilize after pulling back from last week's all-time high of $111,800, according to The Block's bitcoin price page .


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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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