Metaplanet has acquired 780 Bitcoin for $92.5 million, boosting its total BTC holdings to 17,132 BTC worth approximately $2 billion. This positions the firm as the world’s seventh largest corporate Bitcoin holder.
The announcement triggered a 5.6% surge in Metaplanet’s stock price. The company aims to accumulate over 210,000 BTC by 2027, solidifying Bitcoin’s role as a primary reserve asset in its treasury strategy.
Metaplanet’s approach mirrors MicroStrategy, which currently holds more than 140,000 BTC valued around $16 billion. The expansion reflects ongoing institutional adoption of Bitcoin for treasury reserves, occurring amid minimal regulatory intervention with no significant government scrutiny reported.