Professional investment firm Metaplanet has increased its Bitcoin holdings by acquiring an additional 1,111 BTC, bringing its total treasury reserves to 11,111 BTC. This positions the company as the world’s second-largest corporate Bitcoin holder, trailing only Tesla’s reported 11,509 BTC reserves.
The strategic acquisition involved an investment of approximately $117 million at price levels below current market valuations. Metaplanet’s $95,560 average cost basis per Bitcoin provides a significant cushion against market downturns, reflecting strong long-term conviction in the asset’s value proposition amid volatility.
This accumulation aligns with a broader corporate trend viewing digital assets as treasury hedging instruments. Over 237 publicly traded companies now collectively hold more than 832,000 BTC – equivalent to nearly 4% of Bitcoin’s total supply – signaling a paradigm shift toward cryptocurrencies as tools for inflation protection and portfolio diversification in treasury management strategies.