TLDR
Metaplanet allocates $5B to acquire 30,000 BTC by end of 2025.
Metaplanet now holds 11,111 BTC, nearing Tesla’s 11,509 BTC.
Citigroup, Capital Group bought 3M MTPLF shares amid BTC push.
Over 240 public firms now hold 832,000+ BTC collectively.
Japanese firm Metaplanet has approved a $5 billion capital allocation to its U.S. subsidiary to expand its Bitcoin holdings. The move is part of the company’s “555 Million Plan,” which aims to build a major Bitcoin Treasury and strengthen its global presence.
According to the official statement, the capital will be used to acquire additional Bitcoin by the end of 2025. The company’s U.S. entity, which operates under the ticker MTPLF, will manage the new fund allocation.
Expansion Strategy for Bitcoin Holdings
Metaplanet confirmed that the $5 billion capital will support its plan to acquire 30,000 Bitcoins by the end of this year. The company’s goal is to reach 210,000 Bitcoins by the end of 2027, which would represent about 1% of the total Bitcoin supply.
The firm stated, “This U.S. expansion underscores our determination to establish a globally integrated treasury model.” Metaplanet emphasized that the strategy will increase shareholder value and improve treasury yield management. This move follows its recent fundraising effort of $5.4 billion, aimed at strengthening its balance sheet through Bitcoin accumulation.
The company’s expansion into the U.S. market is also a part of its broader strategy to position itself among top global corporate Bitcoin holders. It aims to compete with major firms like Tesla and CleanSpark.
Recent Bitcoin Purchases and Treasury Growth
On Monday, Metaplanet acquired 1,111 Bitcoin at an average price of approximately $105,500 per coin. The purchase cost about 17.26 billion yen (roughly $117 million). With this acquisition, Metaplanet’s total Bitcoin holdings have reached 11,111 BTC.
This purchase brings the company close to Tesla’s Bitcoin total of 11,509 BTC. Just a week earlier, Metaplanet added 1,112 Bitcoin to reach 10,000 BTC, becoming the eighth-largest public Bitcoin holder.
If Metaplanet continues this rate of acquisition, it could surpass Tesla’s holdings soon. CleanSpark, with 12,502 BTC, is the next target if Metaplanet continues buying in large amounts.
Stock Market Reaction and Institutional Interest
Following the announcement of its U.S. subsidiary last month, Metaplanet’s MTPLF stock rose to $15. However, it dropped by 6% to $11.64 on Monday. The Tokyo-listed shares also fell by 5.38%, closing at 1,547 JPY.
Despite the price correction, institutional interest remains high. Capital Group and Citigroup purchased 2 million and 1 million MTPLF shares, respectively, earlier this month. Market analysts suggest the recent price drop may be a normal correction after the rally.
Metaplanet continues to gain attention in global markets, especially from institutional investors seeking exposure to Bitcoin through corporate vehicles.
Growing Trend Among Public Companies
Metaplanet is not the only firm building a Bitcoin treasury. Cardone Capital recently bought 1,000 Bitcoin, and it plans to purchase another 3,000. Nakamoto Holdings secured $51.5 million to expand its Bitcoin assets.
Other firms such as The Blockchain Group, Parataxis Holdings, and Norwegian Block Exchange have also announced new Bitcoin treasury initiatives. According to BitcoinTreasuries.NET, over 240 public companies now hold Bitcoin, with combined holdings exceeding 832,000 BTC.
This increasing corporate activity suggests that public firms are looking at Bitcoin as a long-term asset to store value and hedge against inflation. Many are seeking ways to integrate Bitcoin into their treasury management strategies.
Metaplanet’s latest move places it among a growing list of companies using Bitcoin to reshape their financial approach through international expansion and digital asset accumulation.
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