Catenaa, Sunday, October 05, 2025- Japanese bitcoin treasury firm Metaplanet has climbed to the position of the world’s fourth-largest publicly traded holder of bitcoin after purchasing 5,268 BTC valued at $623 million.
The acquisition, made at an average price of 17.4 million yen ($118,328) per coin, lifts Metaplanet’s total holdings to 30,823 BTC.
Chief Executive Simon Gerovich confirmed the milestone, placing the company behind only Strategy, MARA Holdings, and XXI in corporate bitcoin reserves.
The move comes less than two weeks after Metaplanet’s record $632 million bitcoin buy on September 21.
The firm has outlined plans to raise $1.4 billion through the issuance of 385 million new shares, with proceeds earmarked for further bitcoin accumulation. It also recently approved a U.S. subsidiary, Metaplanet Income Corp., to expand a new business line focused on bitcoin derivatives and income generation.
Despite the aggressive accumulation strategy, Metaplanet’s Tokyo-listed stock fell more than 10% on Monday and has lost 38% over the past month. Still, it remains up 48% year-to-date. In contrast, its U.S.-traded shares closed nearly 9% higher at $3.96 on Tuesday.
The company reported third-quarter revenue of 2.4 billion yen ($16.5 million), more than double its Q2 results, which Gerovich said reflects scalability and underpins its long-term bitcoin treasury model.
