Metaplanet Inc. Acquires 145 Bitcoins, Reaching a Milestone of 5,000 BTC in Total Holdings

The Tokyo Exchange-listed company executed the purchase at an average price of ¥13,280,472 ($93,327) per bitcoin.

Japanese company Metaplanet Inc. has reportedly bought an additional 145 bitcoin for approximately ¥1.926 billion ($13.6 million).

According to a report by CCXV, the Tokyo Exchange-listed company executed the purchase at an average price of ¥13,280,472 ($93,327) per bitcoin on Thursday.

This brings Metaplanet's bitcoin treasury to a total of 5,000 BTC, acquired for $428.1 million, with an average acquisition cost of $85,621 per coin.

"This is a big step forward in our aim to become one of the world's leading bitcoin holding companies," Metaplanet CEO Simon Gerovich said in a statement. "We will lead the global bitcoin race from Japan."

The company's aggressive bitcoin accumulation follows its successful capital raise in mid-2024, structured through zero-discount moving strike warrants.

The funding was announced as "Asia's largest-ever" bitcoin-focused capital raise.

Metaplanet's proprietary BTC Yield metric, which measures bitcoin-per-share growth, reached 121.1% YTD. The company aims to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.

The company's bitcoin strategy is similar to that of U.S.-based Strategy, with both firms focusing on bitcoin as a treasury reserve asset.

Metaplanet now ranks among the top 10 publicly listed bitcoin holders globally. The company's bitcoin strategy has been a subject of interest as it showcases the evolving role of crypto in corporate investment portfolios.

The acquisition comes as bitcoin trades around $92,800, with institutional interest continuing to grow through various investment vehicles including ETFs and corporate treasury allocations.