Japanese Firm Metaplanet Buys 150 Bitcoins

Tokyo-listed investment firm Metaplanet has increased its Bitcoin holdings by purchasing an additional 150 BTC for $12.5 million at an average price of $83,508 per Bitcoin.

This acquisition boosts the company’s total to 3,200 BTC, valued at approximately $265.9 million at current market rates.

Metaplanet also raised 2 billion yen ($13.3 million) through bond issuance to support further Bitcoin purchases. Since adopting its accumulation strategy in April 2024, the company aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.

Despite the purchase, Metaplanet’s stock fell 0.49% to 4,030 yen on Tuesday. However, it has risen 15.8% year-to-date and surged 1,819% over the past year, according to Yahoo Finance.

CEO Gerovich has suggested a potential listing outside Japan, including in the U.S., to enhance global investor access.