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Cryptocurrency News Articles
Metaplanet, a Japanese Investment Firm, Has Purchased 162 Bitcoin (BTC) for Approximately $13.5 Million
Mar 12, 2025 at 11:00 pm
Metaplanet, a Japanese investment firm, has purchased 162 Bitcoin (BTC) for approximately $13.5 million. The Bitcoins obtained during this time cost an average of $83,123 each.
Japanese investment firm Metaplanet has acquired 162 Bitcoin (BTC) for approximately $13.5 million, according to an announcement via X on Thursday. The Bitcoins, obtained during a period when the cryptocurrency's price ranged from $81,000 to $85,000, come at an average cost of $83,123 each.
"We are pleased to announce that Metaplanet has completed the acquisition of 162 bitcoins for a total price of about $13.5 million," said Metaplanet CEO Simon Gerovich.
As of March 12, 2025, Metaplanet possessed 3,050 bitcoins. The acquired Bitcoins amount to $253.7 million, paid as 3,050 Bitcoin pieces valued at $83,180 per piece.
"This step showcases our commitment to enhancing our Bitcoin investment portfolio," Gerovich added. "We remain optimistic about Bitcoin's potential for long-term value appreciation, even amidst near-term price volatility."
Recently, the existing BTC portfolio of Metaplanet grew larger when the company purchased 156 BTC worth $13.4 million. The company has executed an essential strategic initiative that aims at securing additional funding for its Bitcoin investments.
On January 27, 2025, they intended to issue 21 million new share subscription rights. Through this initiative, Metaplanet intends to obtain ¥116 billion ($745 million) that will support additional Bitcoin purchases. The company maintains positive expectations for Bitcoin’s enduring worth despite its current price fluctuations.
Institutional Interest In Bitcoin Is Heating Up As Metaplanet Makes More Buys
Metaplanet has achieved a year-to-date yield of 53.2% in 2025, with contributions from their latest Bitcoin acquisition. Bitcoin shows strong market performance, which showcases increasing institutional participation together with its rising market value.
Market participants are focusing on upcoming strategic developments at Metaplanet. Through aggressive Bitcoin-related acquisitions, the company has drawn significant attention in global financial markets. The market may experience changes as Metaplanet succeeds in its fundraising strategy and makes additional BTC investments.
The regulatory debate about Bitcoin will likely inspire additional companies to implement the same investment methods that Metaplanet has pursued. The uncertain trajectory of Bitcoin value does not deter Metaplanet from placing its investments on Bitcoin’s projected upward growth.
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