Metaplanet Purchases 330 BTC For $28.2 Million in Another Buying Spree
Metaplanet increased its Bitcoin holdings by 330 BTC for $28.2M, bringing their total to 4,855 BTC, aiming for 5,000.
Metaplanet, a company in Tokyo, has increased its Bitcoin holdings by buying $28.2 million worth. This purchase of 330 BTC shows the company’s focus on Bitcoin and helps it get closer to its goal of owning 5,000 BTC. This move makes Metaplanet a primary corporate Bitcoin holder in Asia and one of the top ten in the world.
Metaplanet Increases Bitcoin Holdings
According to Metaplanet CEO Simon Gerovich, the company bought the Bitcoin at an average price of $85,605 each. With this purchase, Metaplanet now owns 4,855 BTC, worth about $500 million. These investments have been successful, with the company reporting a 119.3% profit on its Bitcoin investments so far this year.
“Metaplanet bought 330 BTC for $28.2 million at $85,605 per bitcoin and has made a 119.3% profit on BTC so far in 2025,” said Gerovich, emphasizing the financial success of the company’s focus on Bitcoin.
This recent purchase comes after buying 696 BTC earlier in April, building on a strong start to the year. Metaplanet began buying Bitcoin a year ago, shifting its focus to Bitcoin as its main asset. The company funds these purchases by selling stock and bonds, similar to the strategies used by people like Michael Saylor.
Bitcoin Accumulation
Metaplanet’s strategy is similar to that of MicroStrategy, involving regular Bitcoin purchases over time. While Metaplanet owns less Bitcoin than MicroStrategy, both companies are included in the Bitwise OWNB fund, which tracks companies holding at least 1,000 BTC. MicroStrategy recently bought 3,459 BTC for $285 million, setting a high standard in the industry.
To follow MicroStrategy’s success, Metaplanet has added Eric Trump to its Strategic Advisory Board. Also, reports suggest that Metaplanet plans to invest $10 million, which could help drive Bitcoin’s price up soon.
Metaplanet’s Bitcoin purchase occurred as Bitcoin prices rose, briefly surpassing $87,000, despite economic uncertainty and US tariff measures. This price change suggests that Bitcoin may be separating from traditional stock markets, especially as gold also reached new record highs.
Metaplanet’s ongoing investment in Bitcoin shows a strong belief in the long-term value of the cryptocurrency. The company’s goal to reach 10,000 BTC by the end of the year shows its commitment to this new asset and its confidence in its future success.
