Metaplanet Expands Bitcoin Portfolio with 1,004 More BTC, Surpassing $800M in Value

Tokyo-listed investment company Metaplanet has boosted its bitcoin holdings by acquiring an additional 1,004 BTC, spending approximately $104.3 million, according to a disclosure released Monday.

This latest purchase raises Metaplanet’s total bitcoin balance to 7,800 coins, with an average price of $103,873 paid per bitcoin for this tranche.

The firm’s overall bitcoin portfolio, accumulated at an average cost of $91,300 per BTC, is currently valued at over $806 million based on recent market prices. Metaplanet has set a target to hold 10,000 BTC by the end of 2025.

Since starting its bitcoin accumulation strategy in April 2024, the company has adopted a treasury approach similar to notable players such as MicroStrategy (MSTR).

Bitcoin continues to trade just below its all-time highs, around $103,343 at the time of reporting, amid a broader market upswing fueled by improving macroeconomic trends.

Metaplanet funds its bitcoin purchases through bond sales, having recently completed its 15th ordinary bond issuance, worth $15 million.

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