Metaplanet Acquires 1,004 BTC for $104.6 Million Amid Rising Prices
Japanese investment firm Metaplanet has purchased 1,004 BTC for approximately 15.2 billion yen ($104.6 million), marking its second-largest single Bitcoin acquisition. This purchase brings Metaplanet's total holdings to 7,800 BTC, valued at over $807 million.
Key Highlights
- Metaplanet now holds the largest Bitcoin reserves of any public company in Asia and ranks 10th globally.
- An additional acquisition of 301 BTC would position it above Galaxy Digital Holdings.
- In May 2025 alone, Metaplanet acquired 2,800 BTC, surpassing El Salvador's total holdings.
- The firm's latest buy follows a previous purchase of 1,241 BTC for $129 million on May 12.
- Metaplanet reported a BTC yield of 95.6% in Q1 and 47.8% so far in Q2.
Corporate Adoption Trends
AlAbraaj Restaurants Group from Bahrain has also adopted a Bitcoin treasury strategy, initially investing 5 BTC with plans to make it a primary reserve asset.
Bitcoin Market Performance
- Bitcoin achieved its highest weekly close at just under $106,500 on May 18.
- It has experienced six consecutive weeks of gains, remaining 6% below its all-time high.
- Analysts predict a potential new all-time high if Bitcoin closes above $105,000.