Metaplanet Expands Bitcoin Holdings with Significant Purchase
Renowned for its insightful editorial content, meticulously reviewed by industry veterans and expert editors, Metaplanet continues to make strategic moves in the cryptocurrency sector. This week, the Japan-based corporation expanded its Bitcoin reserves by purchasing 103 BTC for over $11 million. The acquisition was conducted at an average price of $113,491 per Bitcoin, as confirmed in their latest disclosure.
Total Bitcoin Holdings Approach 19,000 BTC
With this recent acquisition, Metaplanet’s total Bitcoin holdings have surged to 18,991 BTC, now valued at nearly $2 billion at current market rates. The company’s overall average purchase price stands at approximately $102,712 per Bitcoin. According to data from Bitcoin Treasuries, Metaplanet ranks as the seventh-largest publicly traded Bitcoin holder, trailing just behind Riot Platforms Inc. and Peter Thiel-backed Bullish. Metaplanet’s strategic timing has often coincided with pivotal price movements. Reports indicate that during the first quarter of 2025, the company achieved a remarkable 95% return on its Bitcoin investment strategy. The second quarter was even more successful, yielding a 129% return, while the period from July to late August saw a 29% gain. Overall, their Bitcoin investment has appreciated by nearly 480%, significantly outperforming most traditional equity investments.
Advertisement Banner
Institutional Bitcoin Acquisitions Continue
The decision by Metaplanet to bolster its Bitcoin reserves aligns with recent hints from Michael Saylor regarding potential purchases by his company. Saylor recently took to social media platform X, stating that “Bitcoin is on Sale,” sparking speculation of further buying activity. Just last week, Saylor’s firm acquired 430 BTC valued at $51 million, and added 775 BTC shortly thereafter. The firm now holds a substantial 629,376 BTC, representing nearly 3% of Bitcoin’s circulating supply. This wave of institutional buying highlights how companies are increasingly investing in Bitcoin, even at prices exceeding $110,000. For Metaplanet, this strategic decision also acts as a hedge against Japan’s weakening yen, offering a measure of protection against currency risks.
Bitcoin Market Stability
Bitcoin’s trading price has remained relatively stable, hovering around $112,000 after a brief dip to $110,000 over the weekend. Analysts suggest that this subdued market reaction is typical, as large transactions often occur over-the-counter, minimizing short-term market fluctuations.
Future Bitcoin Price Predictions
In other developments, Eric Trump made a bold prediction at the Jackson Hole event, forecasting that Bitcoin will surpass $175,000 in 2025 and describing himself as a “Bitcoin Maxi.” Such optimistic predictions, coupled with ongoing institutional buying, contribute to an overall bullish sentiment in the broader cryptocurrency market. Furthermore, there are indications that Metaplanet might be adopting a weekly accumulation strategy, given its recent purchasing pattern. Should this approach continue, additional cryptocurrency acquisitions may be forthcoming.
Editorial Process at Bitcoinist is dedicated to delivering thoroughly researched, accurate, and unbiased content. We adhere to rigorous sourcing standards, and each page undergoes meticulous review by a team of top technology experts and seasoned editors. This rigorous process ensures the integrity, relevance, and value of our content for our readers.
