Japanese firm Metaplanet has bought another 1,005 BTC, pushing its total Bitcoin stash to 13,350 BTC and landing it in the top five corporate holders globally. The move comes as the Bitcoin price holds steady above $107,000, and investor interest continues to grow.
Bitcoin Price Holds as Metaplanet Surpasses Galaxy Digital
Metaplanet’s latest purchase has bumped it ahead of Mike Novogratz’s Galaxy Digital (12,830 BTC) and U.S. miner CleanSpark (12,502 BTC). It also recently leapfrogged Tesla, which held 9,720 BTC as of its last disclosure.
The Tokyo-listed company now sits behind only MicroStrategy, Marathon Digital, Block (formerly Square), and Hut 8 in terms of corporate Bitcoin holdings. At current prices, Metaplanet’s Bitcoin is worth over $1.4 billion.
This rapid rise is no accident. Just three months ago, the company held 3,350 BTC. In April, it had only 4,525 BTC. The pace has accelerated dramatically, and so has the attention.
A Bigger Playbook: Zero-Interest Bonds and Long-Term Targets
Alongside Monday’s purchase, Metaplanet announced plans to raise another 30 billion yen (around $208 million) through 0% ordinary bonds. The funds will go straight into buying more Bitcoin.
This aligns with its long-term strategy. Earlier this year, Metaplanet unveiled the “555 Million Plan,” which aims to raise $5.4 billion to accumulate a staggering 210,000 BTC by 2027.
For context, that’s nearly 1% of all Bitcoin that will ever exist.
What’s driving this aggressive push? According to CEO Simon Gerovich, Bitcoin isn’t just a balance sheet asset. It’s a strategic hedge against inflation and fiat weakness — especially important in a climate of rising debt and currency uncertainty.
Metaplanet Stock Rallies 10% After Announcement
The market clearly liked what it heard. Metaplanet’s stock jumped over 10% on Monday, hitting JPY 1,647 by close. It’s up 53.5% over the last 30 days and an eye-watering 370% year-to-date.
There was some skepticism when the “555 Million Plan” was first introduced, and shares briefly dipped. But this latest move — and the speed of execution — seems to have reassured investors.
Meanwhile, the Bitcoin price ticked up 1% in the past 24 hours to $108,358, before cooling slightly to $107,786, according to CoinMarketCap.
Conclusion: Bitcoin Price Gains New Support from Corporate Buyers
Metaplanet’s rise in the Bitcoin world hasn’t happened quietly. In just a few months, it’s gone from an ambitious new entrant to one of the largest holders in the game.
Its buying spree isn’t just boosting its stock price, it’s also sending a message to other corporations: Bitcoin is more than a speculation play. It’s becoming part of serious treasury strategy.
As the Bitcoin price holds firm and institutions show more confidence, the door may be opening for even more companies to follow Metaplanet’s lead.
Disclaimer: This article is for informational purposes only. It should not be considered financial advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. Always do your own research.
