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HomeBit CoinJapanese Company Metaplanet Buys 1,088 Bitcoin for $117 Million

Japanese Company Metaplanet Buys 1,088 Bitcoin for $117 Million

Tokyo firm now holds 8,888 BTC worth over $930 million, becoming one of world’s top 10 corporate Bitcoin holders

Japanese publicly traded investment company Metaplanet has made another substantial addition to its Bitcoin treasury, purchasing 1,088 BTC for approximately $117.3 million on June 2, 2025. This latest acquisition brings the company’s total Bitcoin holdings to a symbolic 8,888 BTC, valued at over $930 million at current market prices.

Strategic Milestone Achieved

The purchase, executed at an average price of $107,771 per Bitcoin, represents a significant step toward Metaplanet’s ambitious goal of accumulating 10,000 BTC by the end of 2025. With 8,888 BTC now in its treasury, the company has achieved 88.8% of its target with seven months remaining in the year.

“8888 BTC. A symbol of abundance. A number of fortune. And today our new reality,” said Simon Gerovich, CEO of Metaplanet, highlighting the cultural significance of the number eight in Japanese tradition, where it’s considered especially auspicious.

Rapid Rise to Prominence

Metaplanet’s aggressive Bitcoin accumulation strategy has catapulted the company into the ranks of the world’s largest corporate Bitcoin holders. The latest purchase positions Metaplanet as the 10th-largest publicly traded Bitcoin holder globally, surpassing Block Inc., which holds 8,584 BTC.

Remarkably, Metaplanet only began its Bitcoin treasury strategy in April 2024, making its rapid accumulation all the more impressive. The company has acquired 7,126 BTC in 2025 alone, demonstrating an accelerated pace of investment as Bitcoin adoption among institutions continues to grow.

Financial Performance and Strategy

The company’s Bitcoin strategy has generated substantial returns, with Metaplanet reporting a BTC Yield of 225.4% year-to-date. The metric, which the company uses to assess the performance of its Bitcoin acquisition strategy, showed a 95.6% yield for the first quarter of 2025 and 66.3% from April through June 2.

With a total investment of approximately $829.7 million at an average cost of $93,354 per BTC, Metaplanet is currently sitting on unrealized gains of roughly $102.5 million based on current market valuations.

Funding Through Innovation

To finance its Bitcoin purchases, Metaplanet has employed an innovative approach using zero-interest bonds. Last week, the company’s board approved the issuance of its 16th and 17th series of ordinary bonds to EVO Fund, raising $50 million specifically for Bitcoin acquisitions. This strategy of using debt instruments to fund cryptocurrency purchases mirrors the approach pioneered by MicroStrategy in the United States.

Also Read: Bitcoin Treasury Company Metaplanet is Now Japan’s Most Volatile Stock

Market Impact and Recognition

The market has responded positively to Metaplanet’s Bitcoin strategy. The company’s stock on the Tokyo Stock Exchange (3350.T) surged 2.34% to 1,092 yen following the announcement, continuing a remarkable run that has seen the stock rally over 155% in the past month and nearly 214% year-to-date.

Following the MicroStrategy Playbook

CEO Simon Gerovich has openly cited MicroStrategy’s corporate Bitcoin strategy and its executive chairman Michael Saylor as key inspirations for Metaplanet’s approach. While MicroStrategy remains the world’s largest corporate Bitcoin holder with 580,250 BTC, Metaplanet has established itself as Asia’s dominant player in the corporate Bitcoin space.

Growing Global Trend

Metaplanet’s success is part of a broader trend of corporations adopting Bitcoin as a treasury asset. Following the strategies pioneered by MicroStrategy and now replicated by Metaplanet, multiple firms have joined the “crypto treasury bandwagon,” including Twenty One led by Jack Mallers. Some companies have even expanded beyond Bitcoin to build corporate treasuries using Ethereum, XRP, Solana, and other digital assets.

Other recent corporate Bitcoin acquisitions include DDC Enterprise, which expanded its holdings by 79 BTC to reach 100 BTC total, and Indian-listed company Jetking, which added nearly six bitcoins to bring its portfolio to 21 BTC.

Stay ahead with real-time crypto live news updates on Bitcoin, Ethereum, altcoins, market trends, and blockchain innovations.

Market Context

The acquisition comes as Bitcoin trades around $105,000, appearing to stabilize after pulling back from last week’s all-time high of $111,800. Despite the recent volatility, institutional confidence in Bitcoin as a store of value continues to grow, with exchange reserves hitting all-time lows as more Bitcoin moves into corporate and long-term holder wallets.

Looking Ahead

With 1,112 BTC remaining to reach its 10,000 BTC target, Metaplanet appears well-positioned to achieve its goal before the end of 2025. The company’s success has demonstrated that the MicroStrategy model can be successfully adapted across different markets and regulatory environments, potentially paving the way for more Asian corporations to adopt similar strategies.

As regulatory frameworks continue to evolve and custody infrastructure improves globally, industry experts expect more firms, particularly in emerging markets, to explore Bitcoin not just as a hedge against inflation, but as an operational reserve asset integral to their treasury management strategies.

The symbolic achievement of 8,888 BTC holdings represents more than just a numerical milestone for Metaplanet—it marks the company’s emergence as a global leader in corporate Bitcoin adoption and a testament to the growing institutional acceptance of cryptocurrency as a legitimate treasury asset.

CryptoNewsToday is a leading platform providing the latest updates, trends, and analysis in the cryptocurrency world. Stay informed with timely news on Bitcoin, altcoins, blockchain technology, and more.

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