Lucía Peña
Metaplanet, often referred to as “Asia’s MicroStrategy,” has ramped up its Bitcoin holdings once again, acquiring 555 BTC worth approximately $53.4 million, according to a corporate filing made public on Wednesday.
The Japanese investment company disclosed that it bought the coins at an average price of $96,134 per BTC, boosting its total stash to 5,555 BTC. The firm has now spent a cumulative $481.5 million on Bitcoin at an average cost of $86,672 per coin.
“In Japanese, the number 5 is pronounced ‘Go,’ so today we say: Go go go go — to the moon and beyond!” CEO Simon Gerovich said in a celebratory post on X.
Halfway to Its 10,000 BTC Target
Since rolling out its Bitcoin-first strategy in April 2024, Metaplanet has consistently increased its BTC reserves. The firm’s stated goal is to accumulate 10,000 BTC by the end of 2025, and reaching the halfway mark last month highlights its rapid pace.
To support its latest acquisition, the company issued $25 million in new bonds — its 13th bond issuance — just one week after raising the same amount in its 12th round. The funds are earmarked exclusively for purchasing more Bitcoin.
U.S. Expansion Plans Centered in Miami
In addition to growing its crypto portfolio, Metaplanet is preparing to establish a U.S. presence. The company announced plans to launch a wholly owned American subsidiary in Miami, named Metaplanet Treasury Corp.
“Florida has quickly become a hotbed for Bitcoin-centric innovation and investment,” the company said in a recent statement. “Our presence in Miami, a city known for favorable business regulations and rising financial influence, will help accelerate our long-term treasury strategy.”
Metaplanet’s Global BTC Ranking Continues to Climb
Metaplanet remains the largest public holder of Bitcoin in Asia and currently ranks 11th worldwide, according to BitcoinTreasuries.net. MicroStrategy, led by Michael Saylor, still dominates the leaderboard with 555,450 BTC in its holdings.
Following the news, Metaplanet’s stock surged 13.3% on the Tokyo Stock Exchange as of mid-day trading Wednesday, reflecting growing investor confidence in its aggressive Bitcoin strategy.
