Metaplanet has enlarged its bitcoin portfolio by acquiring an additional 1,005 BTC — a transaction worth around $108 million — bringing its total holdings to 13,350 BTC. This recent action advances the company past significant competitors such as Galaxy Digital and CleanSpark in terms of corporate bitcoin ownership.
On Monday, CEO Simon Gerovich confirmed that the company obtained a new tranche of bitcoin at an average price of $107,601 per coin, which brings the estimated value of its total holdings to about $1.4 billion based on current market rates.
Metaplanet now ranks as the fifth-largest publicly traded corporate holder of bitcoin, according to BitcoinTreasuries.net, following this strategic acquisition — although the site has not yet updated its records to reflect Monday's purchase. With the updated total exceeding Galaxy Digital’s 12,830 BTC and CleanSpark’s 12,502 BTC, Metaplanet’s crypto strategy has made a significant advance.
"Just three months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we've added 10,000 more to reach 13,350 BTC," Gerovich said on X today
Metaplanet disclosed that it has issued ordinary bonds with zero interest, amounting to 30 billion yen (around $208 million), which are set to mature on December 29, 2025. This audacious strategy is designed to enhance its financial flexibility without the burden of interest liabilities.
In addition, the company announced plans to repurchase and retire its third series of bonds, originally disclosed on November 18, 2024. Unlike the newly issued bonds, this earlier batch carries interest and is backed by collateral, signaling a strategic pivot toward cleaner, unsecured debt as part of Metaplanet’s evolving capital strategy.
This month, the company disclosed an ambitious overhaul of its long-term strategy, elevating its goal to accumulate over 210,000 BTC by the end of 2027 — a daring announcement that highlights its intensifying commitment to bitcoin as a fundamental treasury asset.
According to Yahoo Finance data, Metaplanet's stock jumped 9.9% during Monday morning trading in Japan while the market was still active. In the past month, shares have surged by an impressive 53.5%, while the year-to-date increase has reached a remarkable 370.7% — a meteoric rise that demonstrates investor confidence in the company's aggressive bitcoin accumulation strategy.
"Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin," the company said.
Stick with https://k8airdrop.com/ for more Sports, esport, games, news, guides, and more!
Discover the thrill of cutting-edge online slot games! Visit http://k8.io/ now for an unparalleled gaming experience with the latest and greatest slot games.
Join our subscribers list to get latest news and updates about our promos delivered directly to your inbox.