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Cryptocurrency News Articles

Metaplanet Continues Its Aggressive Bitcoin Accumulation Strategy, Acquiring 162 BTC to Bring Its Total Holdings to 3,050 BTC

Mar 12, 2025 at 04:23 pm

This latest purchase brings Metaplanet's total Bitcoin holdings to 3,050 BTC, reinforcing its long-term commitment to the digital asset.

Metaplanet Continues Its Aggressive Bitcoin Accumulation Strategy, Acquiring 162 BTC to Bring Its Total Holdings to 3,050 BTC

Tokyo-listed investment firm Metaplanet continues its blitzkrieg of Bitcoin accumulation, announcing on Wednesday the acquisition of 162 BTC. This latest purchase now brings Metaplanet’s total Bitcoin holdings to 3,050 BTC, further reinforcing its long-term commitment to the digital asset.

The company's CEO, Simon Gerovich, announced on X, formerly known as Twitter, that the 162 BTC were bought for approximately $13.5 million at an average price of $83,123 per Bitcoin. The company's total Bitcoin holdings are now valued at around $249.4 million, while the total acquisition cost stands at $253.7 million.

Since disclosing its Bitcoin purchasing strategy in April 2024, Metaplanet has been steadily increasing its Bitcoin treasury operations as a core business strategy, signaling a firm belief in the cryptocurrency's long-term value. Just last week, the company announced a substantial purchase of 497 BTC for $43.9 million.

This latest purchase marks a continuation of Metaplanet's aggressive Bitcoin accumulation strategy. In 2025 alone, the company has already acquired nearly 1,300 BTC, cementing its position as a significant institutional Bitcoin holder.

Metaplanet has set an ambitious target of accumulating 10,000 BTC by the end of 2025. Looking further ahead, the company has expressed its intention to reach 21,000 BTC by 2026, a move that would make it one of the largest corporate holders of Bitcoin in Japan and globally.

Given Bitcoin's potential as digital gold and a hedge against inflation, Metaplanet's approach can be compared to that of MicroStrategy, a U.S.-based company known for its massive Bitcoin buys and strong belief in the cryptocurrency. By prioritizing Bitcoin as a treasury asset, Metaplanet is positioning itself at the forefront of corporate crypto adoption in Asia.

Following the announcement of Metaplanet's latest Bitcoin purchase, the company's stock price surged 8.1%, reaching 3,610 yen in the Tokyo Stock Exchange. The price is still fluctuating as trading continues in the afternoon session, according to Yahoo Finance data.

Meanwhile, Bitcoin itself has seen a 2% increase in the past 24 hours, trading at $81,847 at the time of writing, as per The Block's Bitcoin price page. The continued institutional interest in Bitcoin, combined with rising adoption, has fueled bullish sentiment in the crypto market.

As major companies and financial institutions integrate Bitcoin into their balance sheets, the institutional narrative continues to unfold. Some key players leading the charge include:

* Block (formerly Square) began investing in Bitcoin in 2019, and to date, has accumulated a significant portion of the cryptocurrency.

* MicroStrategy began buying Bitcoin in 2015 and has been a strong advocate for the cryptocurrency's potential.

* Galaxy Digital is a digital asset financial services company that made a substantial investment in Bitcoin in 2023.

* Cathedra Bitcoin is a cryptocurrency-focused hedge fund that has been investing in Bitcoin since 2014.

* In addition to investing in Bitcoin, Cathedra Bitcoin also founded a Bitcoin mining venture in 2022.

This institutional interest in Bitcoin is a testament to the cryptocurrency's growing mainstream acceptance and the potential that institutions see in investing in this new asset class. As more institutions allocate funds to Bitcoin, it could lead to further price appreciation and solidify Bitcoin's role in the modern financial landscape.

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Other articles published on Mar 12, 2025