Japanese firm Metaplanet has acquired an additional 1,234 Bitcoin, bringing its total holdings to 12,345 BTC, as part of its aggressive strategy to become one of the largest corporate holders of Bitcoin. The latest purchase, disclosed in a June 27 filing, was made at an average price of ¥15.6 million (~$107,900) per BTC—bringing the firm’s total Bitcoin treasury value to over $1.3 billion.
This acquisition follows the launch of Metaplanet’s ambitious “555 Million Plan,” which aims to raise $5.4 billion to buy 210,000 BTC—equivalent to 1% of Bitcoin’s 21 million supply—by 2027.
Equity-Fueled Bitcoin Accumulation
On June 24, Metaplanet announced it had raised $517 million in the first phase of the plan, issuing 54 million new shares to EVO Fund under a prior agreement. The company has committed 96% of all proceeds toward future Bitcoin acquisitions.
Following MicroStrategy’s Playbook
Mirroring MicroStrategy’s strategy, Metaplanet has positioned its stock as a Bitcoin proxy by using equity-based financing to fund its purchases. Since its April 2024 pivot to Bitcoin, Metaplanet’s stock has surged over 500%, attracting interest from both Japanese retail traders and global investors.
Formerly focused on hospitality, Metaplanet has rebranded itself around Bitcoin, calling the shift a “corporate awakening.” The firm plans to continue BTC purchases aggressively, with the aim of exceeding 200,000 BTC holdings within three years.
Metaplanet’s growing position signals a broader corporate move toward Bitcoin as a treasury reserve asset, bolstering the case for BTC as a hedge against inflation and fiat currency risk.
June 2025, Cryptoniteuae
