Metaplanet Purchases 1,111 Bitcoin for ¥17.26 Billion
Japanese investment firm Metaplanet purchased an additional 1,111 BTC for over ¥17.26 billion ($117 million) as part of its treasury strategy. This acquisition was announced on June 23, 2025, coinciding with Bitcoin dropping below $99,000 due to geopolitical concerns.
Key Developments
- Metaplanet's total Bitcoin holdings now reach 11,111 BTC, acquired at an average price of ¥14,077,243 per BTC.
- The company's quarter-to-date Bitcoin yield is 107.9%, with a year-to-date yield of 306.7%.
- Metaplanet aims to increase its Bitcoin reserves to 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027.
- The firm raised ¥4 billion through zero-coupon bonds in February 2025, dedicated to Bitcoin purchases.
- Metaplanet's stock surged 24% after reaching the interim goal of holding 10,000 BTC.
- The company ranks 8th among corporate Bitcoin holders, approaching Tesla's position.
- Recent capital raises align with its strategy to expand Bitcoin reserves, resulting in over 759 million shares outstanding.
Additionally, Michael Saylor predicted that Bitcoin could reach $21 million by 2046, citing political and regulatory factors as significant influences on this projection.