Metaplanet Doubles Down on Bitcoin with $117M Purchase—Now Holds 8,888 BTC

Metaplanet isn’t slowing down. The Japanese firm just bought another 1,088 Bitcoin for $117.5 million, pushing its total holdings to 8,888 BTC (~$930 million). At this pace, it could hit 10,000 BTC before 2026.

This year alone, Metaplanet has scooped up 7,126 BTC, fueled by strategic financing like its recent $50 million bond offering. Since its Bitcoin pivot in April 2024, the company has dominated as Asia’s #1 corporate holder.

CEO Simon Gerovich credits MicroStrategy’s Michael Saylor for inspiring its Bitcoin-heavy treasury strategy.