In a significant development for the cryptocurrency market, Metaplanet has announced the acquisition of 5,419 Bitcoin (BTC) for a total of $632.53 million. This transaction, executed at an average price of $116,724 per coin, elevates the company’s total Bitcoin holdings to 25,555 BTC, valued at approximately $2.91 billion.
With this latest purchase, Metaplanet has climbed to the fifth position among corporate Bitcoin holders globally, surpassing Peter Thiel-backed Bullish. The company now trails only other major players: Strategy, Marathon Digital, XXI, and Bitcoin Standard Treasury Company, as reported by Bitcoin Treasuries.
Dylan LeClair, the director of Bitcoin Strategy at Metaplanet, highlighted the significance of this acquisition, stating, “Please note this purchase is just the first tranche!” This acquisition is primarily funded through a recent $1.45 billion international share offering, bringing Metaplanet to 85.2% of its year-end 2025 target of 30,000 BTC. Additionally, it marks a quarter of the way toward a more ambitious goal of 100,000 coins by 2026.
The company’s president, Simon Gerovich, emphasized the strategic importance of Bitcoin for Metaplanet’s growth, describing the treasury operations as a vital engine for generating consistent revenue and net income since the formal establishment of this business line in December 2024.
As institutional adoption of Bitcoin increases, industry experts are stressing the importance of maintaining the cryptocurrency’s core principles. Lionel Iruk, a senior advisor at Nav Markets, cautioned against excessive centralization, stating that it could compromise Bitcoin’s unique attributes that contribute to its credibility and widespread appeal. He underscored the need for Bitcoin to remain independent, transparent, and censorship-resistant, especially as it gains traction in traditional financial systems.
Furthermore, Metaplanet has reported a BTC yield of 95.6% for Q1 2025 and 129.4% for Q2 2025. The current quarter, spanning from July 1 to September 22, 2025, showed a yield of 10.3%. In a bid to enhance its operational efficiency, the company has also launched Metaplanet Income Corp., a new Miami-based subsidiary dedicated to managing derivatives operations separately from its treasury activities, with initial capitalization of $15 million.
This remarkable series of developments positions Metaplanet not only as a formidable player in the Bitcoin market but also amplifies its strategic focus on becoming a leader in cryptocurrency investments amidst increasing institutional interest.
