Publicly-listed Japanese investment firm Metaplanet (3350.T) has made another major Bitcoin purchase, adding 1,005 BTC, worth roughly $108 million, to its growing treasury that now holds 13,350 BTC. With Monday’s purchase, the company has surpassed Tesla, Galaxy Digital, and CleanSpark to become the fifth-largest corporate holder of the flagship cryptocurrency.
According to CEO Simon Gerovich, Metaplanet’s latest purchase was made at an average price of $107,601 per BTC. The company’s total holdings, acquired for around $1.31 billion at approximately $97,832 per coin, are now worth $1.45 billion at current prices, achieving a BTC yield of 349% year-to-date and 129.4% in Q2 2025.
Metaplanet Adds 1,005 BTC To Growing Treasury, Surpasses Tesla, Coinbase, and Block in Total Holdings
According to data from BitcoinTreasuries.net, the latest move has placed the company ahead of Galaxy Dgital (12,830 BTC), CleanSpark Inc. (12,502 BTC), Tesla (11,509 BTC), Hut 8 Mining Corp (10,273 BTC), Coinbase Global (9,267 BTC), and Block Inc. (8,584 BTC) in Bitcoin treasury size, and now only sits behind Strategy (592,345 BTC), Marathon Digital (49,859 BTC), Twenty One Capital (37,230 BTC), and Riot Platforms (19,225 BTC). This is without factoring in Monday’s purchase.
The acquisition also comes less than a month after Metaplanet announced a bond refinancing strategy to fund more Bitcoin purchases. As part of this strategy, the company had issued ordinary bonds worth 30 billion yen ($208 million) at zero interest from its EVO fund with a scheduled redemption date of December 29, 2025.
Alongside the issuance, the firm also announced a buyback and cancellation plan for its third series ordinary bonds initially disclosed on November 18, 2024, that are worth 1.75 billion yen ($12 million), bearing an annual interest rate of 0.36% and are collateralized by its existing Bitcoin holdings. This effectively secured the Japanese investment giant with an interest-free loan and cash float to add more BTC to its treasury.
Earlier in June, Metaplanet revised its accumulation target, increasing its numbers for 2026 from the initially planned 21,000 BTC to 100,000 BTC, and plans to raise $5.4 billion to hold over 210,000 Bitcoins by 2027. The company is fully focused on hitting its 2025 target, which has been expanded to 30,000 BTC, by the end of December.
If the current standing remains, Metaplanet’s two-year target would make it the world’s second-largest corporate holder of the flagship cryptocurrency, only behind Michael Saylor’s Strategy.
Meanwhile, the company’s stock, 3350.T, reacted strongly to Monday’s purchase, surging 9.9% in Japan according to Yahoo Finance data. Metaplanet shares have appreciated has risen 53.5% over the past month, and more than 350% since the beginning of 2025. This surge is reflected by growing investor confidence in the company’s Bitcoin-centric approach, which has delivered significant financial results in the first quarter of the year.
Metaplanet began its Bitcoin treasury acquisition strategy in earnest in May 2024. The company has accelerated its purchases aggressively this year, hitting a major milestone on June 16, when it surpassed 10,000 BTC in total holdings.
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Michael Saylor Hints at Fresh Bitcoin Buys From Strategy
At the same time, Strategy founder and chairman Michael Saylor has hinted another Bitcoin purchase with his regular weekend post of the company’s portfolio tracker, which has always preceded an acquisition the following Monday. He captioned the chart with the message, “in 21 years, you’ll wish you’d bought more”.
Last Monday, June 23, the Nasdaq-listed American software intelligence firm acquired an additional 245 BTC for approximately $26 million at an average price of $105,856. This brought the company’s total holdings to 592,345 BTC, worth over $60 billion. The Bitcoins were bought at an average price of $70,681 per coin for a total cost of $41.9 billion, including fees and expenses.
Strategy’s (MSTR) holdings are equivalent to 2.8% of Bitcoin’s total 21 million supply and implies around $18 billion in paper gains.
The latest acquisitions were made using proceeds from the at-the-market sales of its perpetual Strike preferred stock (STRK), and perpetual Strife preferred stock (STRF). The previous week, Strategy sold 166,566 STRK shares for approximately $17.4 million and 84,354 STRF shares for $8.4 million, with $20.6 billion worth of STRK and $1.97 billion in STRF remaining available for issuance and sale under the program. The company did not sell any shares of its Class A common stock, MSTR, last week, which has around $18.6 billion remaining under the ATM program.
Strategy’s $21 billion STRK and $2.1 billion STRF perpetual preferred stock programs are in addition to its “42/42” plan to raise a grand total of $84 billion in equity offerings and convertible notes to acquire more Bitcoin through 2027.
MSTR closed Friday’s trading session at $383.88, 0.66% below the opening price of $385.23. The stock has fared better after experiencing significant volatility in the week prior to last, when Bitcoin’s price fell 5% amid the conflict in the Middle East between Israel and Iran.
At the time of writing, Bitcoin (BTC) is trading at $107,681, down 0.24% in the last 24 hours.
