Metaplanet buys additional 1,111 Bitcoins amid Iran-Israel conflict

Metaplanet has added 1,111 Bitcoins to its balance sheet, raising its total holdings to 11,111 BTC as of June 23, 2025.
The company’s latest investment, valued at approximately $118.2 million, follows a series of rapid Bitcoin purchases throughout the year, reports CoinGape.
Metaplanet has now overtaken Hut8 to become the world’s eighth-largest corporate Bitcoin holder. The company’s average purchase price stands at $95,869 per BTC, with its Bitcoin treasury currently showing a substantial year-to-date yield of 306.7%. This acquisition was supported by proceeds from the 20th to 22nd series of Stock Acquisition Rights, with EVO FUND providing fresh capital through a JPY 558.7 million payment.
Aggressive Strategy Aims for 1% of Bitcoin Supply
Metaplanet’s Bitcoin acquisition spree aligns with its bold ambition to secure 1% of Bitcoin’s total supply—210,000 BTC—by the end of 2027. Having started 2025 with just over 1,000 BTC, the firm has rapidly scaled its holdings, underpinned by its $5.4 billion fundraising initiative.
The Japanese company’s strategy has already attracted major institutional investors, including Capital Group and Citigroup, who have recently increased their exposure to Metaplanet’s shares (MTPLF). Despite the aggressive buying plan, the stock market’s response was tempered, signaling investor caution amid volatile geopolitical conditions.
Geopolitical Shocks Hammer Crypto and Metaplanet’s Stock
The latest purchase came as Bitcoin slipped under $100,000 over the weekend following escalating tensions between Iran and Israel, with the United States now directly involved in the conflict. Bitcoin has since rebounded slightly to over $101,000, but the broader crypto market remains under pressure.
Metaplanet’s stock declined by 4% to 1,712 JPY during Monday’s Asian trading session, as the conflict intensified with Iran closing the critical Strait of Hormuz, sending shockwaves through global markets. Despite the pullback, Metaplanet’s shares are still up nearly 400% year-to-date, reflecting investor confidence in its long-term Bitcoin-centric growth strategy.
Recently we wrote that Nakamoto Holdings, the Bitcoin-focused firm founded by President Donald Trump’s crypto adviser David Bailey, has secured $51.5 million through a private placement in public equity (PIPE) arrangement, according to merger partner KindlyMD.