Metaplanet has added 1,088 BTC to its reserves, increasing its total corporate treasury to 8,888 BTC. The Japanese firm is now the 11th largest public holder of Bitcoin, continuing its aggressive accumulation strategy despite recent market volatility.
The latest acquisition was made near Bitcoin’s recent market peak, with an average purchase price of $108,633 per BTC. Simon Gerovich, the company’s founder, reported the average cost at approximately $107,771. Metaplanet’s overall average stands at $93,354 per coin. The move comes shortly after the company secured a $21 million bond round, which was intended to support further BTC purchases. The company is targeting a 10,000 BTC treasury before the end of the year.
Market response and trading activity
Following the announcement, Metaplanet’s stock price surged to 1,142 JPY ($7.97), approaching its recent high of 1,222 JPY. This move reinforced the company’s role as a leading stock for Bitcoin exposure among Japanese investors. The firm’s growing reputation has mirrored the market response seen with other Bitcoin treasury-focused companies. The stock has become one of the most volatile listings on the Japanese exchange, reacting quickly to each update on BTC holdings.
Metaplanet holds close to $1B in BTC, after the recent expansion to 8,888 coins. | Source: Arkham Intelligence
While the broader market has seen temporary cooling, with BTC trading at $104,850, Metaplanet’s buying activity continued to generate momentum. Investors closely monitor such acquisitions for potential price shifts. The pattern of corporate purchases creating short-term price effects has extended to public mining firms, many of which have retained monthly gains.
Corporate Bitcoin holdings see growth
Bitcoin’s treasury accumulation remains one of the biggest corporate buyers in the crypto buyer bulls, but Metaplanet is one of the most consistent. The 116 companies already reporting holdings supposedly possess an estimated 3.38 million BTC, more than publicly listed companies have at this point. The sheer number of new additions (however many Q3 startups that may revert to Q2) is proof of growing corporate interest despite inordinate price fluctuations. Unlike peers which have seen activity pause while market conditions remain uncertain, Metaplanet has been relatively steady.
Growing global attention and future goals
The company is starting to attract global interest beyond Japan. Metaplanet Inc.’s search volumes for the keyword jumped 300 percent, and most queries are from the United States, Canada, and top crypto regions in Europe. The firm is also closing in on $1 billion in BTC holdings and taking steps to keep running an asset-unencumbered ratio by paying off older bond issues, increased interest on social media.