Metaplanet has substantially increased its Bitcoin reserves, acquiring 780 additional BTC at an average price of $118,622. This strategic purchase elevates the company’s total Bitcoin holdings to 17,132 BTC, valued at approximately $1.73 billion at current market rates.
The accumulation strategy has yielded significant returns, with Metaplanet’s Bitcoin portfolio generating a 449.7% year-to-date gain. The expansion propels the company to become the seventh-largest public holder of Bitcoin worldwide, surpassing firms including Tesla and Galaxy Digital.
Following disclosure of the acquisition, Metaplanet’s stock price rose 5% despite ongoing market volatility. The company has articulated an ambitious target of holding 210,000 BTC by 2027 as part of its strategy to cement itself as a dominant force in the digital asset sector.
Metaplanet’s aggressive positioning underscores its conviction in Bitcoin’s corporate value proposition and reflects broader institutional momentum for cryptocurrency as a treasury reserve asset.