- Metaplanet acquires 160 BTC for $13.3M, increasing its total holdings to 4,206 bitcoins.
- With $356.2M worth of BTC, it has become Asia’s largest and 9th-largest corporate Bitcoin holder.
Metaplanet, also referred to as “Asia’s MicroStrategy,” added another 160 BTC worth $13.3 million to the Bitcoin stack. It appears that the Japanese firm is going all in on Bitcoin. The company acquired 696 Bitcoins worth $67.8 million on April 1st which made it the 9th-largest corporate holder of Bitcoin.
Metaplanet Bitcoin Accumulation Strategy
Metaplanet uses Bitcoin accumulation strategy to benefit from market adjustments. The company continues to take brave actions during a period of market uncertainty and US tariff hikes which has people across the board feeling anxious.
On Wednesday, the firm revealed that it acquired 160 Bitcoins, which are valued at $13.3 million with an average price of $83,264. Now by this purchase, its holding increased to 4,206 BTC. As per the current market price, Metaplanet’s current holdings are worth about $356.2 million.
Metaplanet Bitcoin Goals
In 2025, Metaplanet has some bigger ambitions; the firm aims to expand its Bitcoin holdings by more than fivefold from its current treasury. Simon Gerovich, CEO of Metaplanet said in a previous X post that in 2025 they will expand their BTC holding to 10,000, utilizing the most accretive capital market tools available to them. Through partnerships the company plans to promote Bitcoin adoption across Japan and worldwide.
Simon clarified that The company plans to solidify its leadership position as Asia’s top Bitcoin treasury organization during this current year.
“We maintain complete focus on execution while working to deliver maximum value to our shareholders during this year. ”
Now with this massive latest purchase, Metaplanet entered the top 10 publicly traded corporate holders of Bitcoin. Currently, the company is in the 9th position, but it is the largest in Asia as per BitcoinTreasuries.net data.
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