Catenaa, Friday, September 26, 2025-Japanese bitcoin treasury firm Metaplanet acquired 5,419 BTC for approximately $632.5 million, marking its largest purchase to date and likely positioning it as the fifth-largest public corporate bitcoin holder.
The latest acquisition brings Metaplanet’s total holdings to 25,555 BTC, purchased for roughly $2.71 billion at an average price of $106,065 per bitcoin.
The company surpassed Bullish, with its BTC holding now trailing Strategy, Mara, XXI, and Bitcoin Standard Treasury Company.
CEO Simon Gerovich confirmed the average price for the latest tranche was about $116,724 per bitcoin.
Metaplanet is actively expanding its bitcoin strategy, with plans to raise $1.4 billion through the issuance of 385 million new shares.
Proceeds from the fundraising are earmarked for further bitcoin purchases. The company also recently approved the creation of Metaplanet Income Corp., a US-based subsidiary focused on income generation from bitcoin derivatives and related activities.
The announcement comes amid fluctuating markets, with Metaplanet’s Japanese stock down 0.5% Monday midday, but U.S.-traded shares closed up 3.81% Friday. Bitcoin itself slipped 1.06% in the past 24 hours, trading around $114,449.
Metaplanet’s acquisition underscores the continued corporate adoption of bitcoin as a treasury asset and the trend of expanding bitcoin-focused revenue operations, signaling growing institutional confidence in digital assets.
