Metaplanet has solidified its position in the cryptocurrency sphere by becoming the fifth largest corporate holder of Bitcoin. The company surpassed Bullish after acquiring an impressive 5,419 BTC for a staggering $632.53 million. This acquisition was made at an average price of $116,724 per Bitcoin, leading to a remarkable year-to-date Bitcoin yield of 395.1% for 2025. With this latest purchase, Metaplanet now possesses a total of 25,555 BTC, which is valued at approximately $2.71 billion. The average cost basis for their holdings stands at $106,065 per Bitcoin.
Dylan LeClair, the head of Bitcoin strategy at Metaplanet, emphasized that this acquisition represents “just the first tranche,” highlighting that the company recently raised $1.4 billion aimed at further expanding its Bitcoin portfolio.
In a parallel development, Capital B has also made its mark by acquiring 551 BTC for $64.29 million, averaging $116,672 per Bitcoin. This acquisition has boosted Capital B’s total Bitcoin reserves to 2,800 BTC, reflecting intensifying competition among corporate players in the cryptocurrency market.
However, both companies find themselves in a challenging position, as the market fluctuates. Bitcoin prices recently dipped to as low as $111,700 before staging a slight recovery to just under $113,000. Consequently, the share prices of Metaplanet and Capital B reacted negatively, with Metaplanet finishing 3% lower at 589 yen, and Capital B experiencing a 1% decline in European trading, dropping to 1.14 euro. Both companies’ share values are significantly down from their all-time highs, with Metaplanet shares plummeting 73% and Capital B shares down an alarming 81%.
This latest series of transactions underscores the evolving dynamics of corporate investment in cryptocurrency, as firms position themselves amid the ongoing market volatility.
