Metaplanet has strengthened its Bitcoin strategy with a fresh purchase of 1,005 BTC, valued at approximately $108.1 million, CEO Simon Gerovich revealed on Monday. This latest acquisition boosts the company’s total BTC treasury to 13,350 BTC, currently worth over $1.4 billion based on prevailing prices.
This significant addition pushes Metaplanet ahead of crypto heavyweights Galaxy Digital and CleanSpark, which hold 12,830 BTC and 12,502 BTC, respectively. The move places Metaplanet as the fifth-largest public company by BTC holdings, according to data from BitcoinTreasuries.net — though the platform has yet to reflect the newest update.
“Just three months ago, we reached 3,350 BTC. Now, we’ve grown our reserves by 10,000 BTC,” Gerovich shared on X.
Earlier in June, Metaplanet publicly revised its long-term goal: to amass over 210,000 BTC by the end of 2027.
Zero-Interest Bonds Fuel BTC Accumulation
Alongside the purchase, Metaplanet announced the issuance of 30 billion yen (roughly $208 million) in zero-interest bonds, due for redemption in December 2025. Part of these funds will be used to repurchase and retire previously issued collateralized bonds from November 2024, with the remaining proceeds dedicated to future Bitcoin purchases.
“This new funding mechanism strengthens our financial position while allowing us to scale BTC acquisitions efficiently,” the company stated.
Market Reacts Positively to Bold BTC Strategy
Following the news, Metaplanet’s stock surged 9.9% during early trading hours in Japan. The stock has already gained 53.5% over the past month and is up a staggering 370.7% year-to-date, according to Yahoo Finance.
Meanwhile, Strategy, the global leader in corporate BTC holdings led by Michael Saylor, still sits at the top with 592,345 BTC, having added 245 coins last week.