TLDR
- Metaplanet now holds 17,595 BTC worth over $1.78B after buying 463 BTC for $53.7M.
- The firm paid an average of $115,895 per BTC in its latest acquisition.
- Metaplanet plans to raise $3.7B to target 210,000 BTC holdings by 2027.
- BTC per 1,000 Metaplanet shares rose from 0.0161 to 0.0201 as of August 4.
Japanese investment firm Metaplanet has purchased 463 more Bitcoin worth $53.7 million as crypto prices showed signs of recovery. This latest move increases its total bitcoin holdings to 17,595 BTC. Despite a drop in its stock price, the company continues to grow its bitcoin reserves as part of its broader investment plan.
Metaplanet Buys 463 Bitcoin Worth $53.7 Million Amid Market Recovery
Metaplanet confirmed the purchase of 463 bitcoin at an average price of approximately $115,895 per coin. The total cost of this purchase was around ¥7.995 billion or $53.7 million. Following this move, the firm’s total bitcoin holdings now stand at 17,595 BTC.
The company has now spent an estimated ¥261.28 billion, or around $1.78 billion, on its bitcoin treasury. This acquisition follows a recent buy of 780 BTC worth nearly $92.5 million just a week earlier. Metaplanet continues to build its position as one of the largest corporate holders of bitcoin in Asia.
Metaplanet has acquired 463 BTC for ~$53.7 million at ~$115,895 per bitcoin and has achieved BTC Yield of 459.2% YTD 2025. As of 8/4/2025, we hold 17,595 $BTC acquired for ~$1.78 billion at ~$101,422 per bitcoin. $MTPLF pic.twitter.com/9EyuDIMsqq
— Simon Gerovich (@gerovich) August 4, 2025
Despite the continued accumulation, Metaplanet’s stock price dropped 7.15% to ¥998 during early Monday trading. This marks a 50% decrease from its peak in June. The market reaction reflects broader volatility in both equity and crypto markets.
Metaplanet Targets 210,000 BTC by 2027
Metaplanet aims to raise up to ¥555 billion ($3.7 billion) through perpetual preferred shares. If successful, the company plans to use these funds to grow its bitcoin holdings to 210,000 BTC by 2027. This target would represent around 1% of bitcoin’s total supply.
As part of the same filing, Metaplanet proposed increasing its authorized share count to 2.72 billion and creating two new classes of perpetual preferred shares. These new share classes are designed to offer different funding and conversion options for investors.
The company began its bitcoin-focused strategy in December 2024. Since then, it has used share offerings, bond redemptions, and other capital tools to finance its bitcoin purchases. The August 4 buy was partially funded by share issuances completed in July.
New Metrics Show Growth in Bitcoin Holdings Per Share
Metaplanet is using new performance metrics to show how its bitcoin holdings are increasing value for shareholders. The company reported a BTC Yield of 24.6% for the quarter ending August 4. This metric tracks the growth of bitcoin per fully diluted share.
The amount of bitcoin per 1,000 shares also rose. It increased from 0.0161 BTC at the end of June to 0.0201 BTC as of August 4. These figures show that shareholders now have a larger claim to the firm’s bitcoin treasury.
The company also tracks unrealized gains in both yen and bitcoin terms. Metaplanet’s average cost per bitcoin stands at ¥14.85 million ($101,010), while the latest purchase was made at ¥17.3 million ($117,420) per bitcoin. With current market prices near $114,528, the company still maintains a positive return on its holdings.
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