Metaplanet buys 1,005 Bitcoins and surpasses Galaxy Digital and CleanSpark
Metaplanet expands Bitcoin holdings to 13,350 BTC, surpassing Galaxy Digital
Metaplanet has significantly expanded its Bitcoin treasury, acquiring an additional 1,005 BTC worth approximately $108 million at an average price of $107,601 per coin.
This purchase brings the company’s total holdings to 13,350 BTC, now valued at about $1.4 billion, reports The Block.
This makes Metaplanet the fifth-largest publicly listed corporate holder of Bitcoin, surpassing Galaxy Digital and CleanSpark. CEO Simon Gerovich highlighted the rapid growth, noting that the company has tripled its Bitcoin holdings from 3,350 BTC to 13,350 BTC in just three months. This acquisition aligns with Metaplanet’s updated goal to hold over 210,000 BTC by the end of 2027.
Metaplanet Issues New Bonds to Fund Bitcoin Strategy
Alongside its latest Bitcoin purchase, Metaplanet disclosed the issuance of zero-interest ordinary bonds valued at 30 billion yen ($208 million), scheduled for redemption on December 29, 2025. The company also announced a buyback and cancellation plan for its previously issued secured bonds, reallocating part of the newly raised capital to this initiative. The remaining funds will be dedicated to further Bitcoin acquisitions, reinforcing Metaplanet’s aggressive treasury strategy. The company’s continued capital market activity demonstrates a focused commitment to scaling its Bitcoin holdings, even amid fluctuating crypto market conditions.
Investor Confidence Surges with Bitcoin Expansion
Following the announcement, Metaplanet’s stock price surged nearly 10% in Japan on Monday morning and has posted a 53.5% increase over the past month, with a staggering 370.7% gain year-to-date. Investor sentiment appears strongly aligned with the company’s Bitcoin-centric approach, as Metaplanet races to join the ranks of leading corporate Bitcoin treasuries. Although Strategy, led by Michael Saylor, remains the top holder with over 592,000 BTC, Metaplanet’s bold growth trajectory signals it is rapidly closing the gap on larger players. The company’s strategic positioning, supported by steady financing and market confidence, suggests further Bitcoin purchases are imminent as part of its long-term plan.
Recently we wrote that Metaplanet, Japan’s largest corporate Bitcoin holder, has officially acquired an additional 1,234 BTC, bringing its total Bitcoin treasury to 12,345 BTC.
