Japanese investment firm Metaplanet has significantly expanded its cryptocurrency portfolio, adding 1,004 Bitcoin (BTC) to its reserves. The Tokyo-listed company now holds a total of 7,800 BTC, further solidifying its position among the world’s top corporate Bitcoin holders.
In a regulatory filing dated May 19, Metaplanet revealed that the latest acquisition—valued at approximately $104 million—was executed at an average price of $97,182 per BTC. This brings the firm’s cumulative Bitcoin investment to roughly $712.5 million.
The timing of the purchase coincided with Bitcoin’s price surge beyond the $100,000 mark, driven by market optimism surrounding renewed U.S.-China tariff discussions. Based on current market prices, Metaplanet reports an unrealized profit of $77.4 million.
The news had an immediate impact on investor sentiment. Metaplanet’s share price jumped 12% on the Tokyo Stock Exchange, reaching levels last seen in February. The company’s market capitalization also climbed to ¥365.12 billion (about $2.34 billion), according to data from Yahoo Finance.
With its latest purchase, Metaplanet is closing in on the Bitcoin holdings of high-profile firms such as Block Inc. (8,584 BTC) and Coinbase (9,267 BTC), according to data from Bitcoin Treasuries. The company has now accumulated 78% of its stated goal to amass 10,000 BTC by the end of 2025.
Metaplanet CEO Simon Gerovich has previously emphasized Bitcoin as a key pillar of the firm’s long-term strategy, positioning it as a digital reserve asset amid global macroeconomic uncertainty.
The latest move underscores a growing trend of corporate adoption of Bitcoin as a treasury asset, with Metaplanet emerging as a leading example in the Asia-Pacific region.
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