Japan-based investment firm Metaplanet has announced yet another significant Bitcoin purchase, acquiring 555 BTC for approximately ¥7.6 billion ($53.4-54.4 million), according to a statement from the company. With this latest acquisition, Metaplanet’s total Bitcoin holdings have reached 5,555 BTC, purchased at a cumulative cost of around $481.5 million at an average price of $86,672 per BTC.
The Tokyo-listed company made the purchase as Bitcoin trades near $97,000, representing a continued vote of confidence in the cryptocurrency despite its already substantial price gains this year.
Strategic Debt Issuance to Fund Bitcoin Purchases
Following the announcement of reaching the 5,555 BTC milestone, Metaplanet’s stock rose significantly, closing 11.5% higher at 477 yen ($3.33) on Wednesday. The company is showing no signs of slowing its Bitcoin accumulation strategy.
To support further purchases, Metaplanet disclosed a second $25 million bond sale to EVO FUND. The newly issued bonds, like previous ones, are zero-coupon (bearing no interest) and will mature on November 6. This follows a similar $25 million bond issuance to the same buyer just days ago.
“Metaplanet has acquired 555 BTC for ~$53.4 million at ~$96,134 per bitcoin and has achieved BTC Yield of 136.7% YTD 2025,” stated CEO Simon Gerovich on social media platform X.
JUST IN: 🇯🇵 Metaplanet bought another 555 #Bitcoin worth ¥7.6 billion.
They now hold 5,555 BTC 🙌 pic.twitter.com/rRoB6cKRPe
— Bitcoin Magazine (@BitcoinMagazine) May 7, 2025
Following Strategy’s Bitcoin Playbook
Metaplanet’s approach mirrors the business strategy pioneered by Michael Saylor’s Strategy company, which has become known for its focus on Bitcoin accumulation. Strategy recently announced significant Bitcoin purchases of $1.4 billion and $180 million.
Also Read: Metaplanet tops $400M Bitcoin holdings with new $28M purchase
Since early 2024, Metaplanet has issued multiple tranches of zero-coupon bonds and stock acquisition rights, raising over ¥35 billion through its partner EVO FUND, with proceeds directed specifically toward Bitcoin purchases.
U.S. Expansion Planned
The company is expanding its Bitcoin strategy internationally. Gerovich had previously announced that Metaplanet aims to accumulate 10,000 BTC by the end of 2025. With the latest purchase bringing its total holdings to 5,555 BTC, the company has now reached just over 55% of that target.
To accelerate this goal, Metaplanet recently established Metaplanet Treasury Corp., a wholly owned U.S. subsidiary based in Florida. This new entity aims to raise up to $250 million from American capital markets to further fuel the company’s Bitcoin accumulation strategy.
Bitcoin’s Current Market Performance
The purchase comes as Bitcoin continues to show strength in the cryptocurrency market. Bitcoin is currently trading at approximately $96,500, up 2.1% in the last 24 hours according to market data. The world’s largest cryptocurrency has been holding close to its February highs over the past day, while gold has climbed to $3,357 amid renewed safe-haven demand.
Metaplanet’s continuous Bitcoin purchases reflect growing institutional confidence in cryptocurrency as a treasury asset, despite market volatility and regulatory uncertainties that continue to shape the global crypto landscape.
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