Metaplanet Soars into Top 10 Bitcoin Holders Following $117M Acquisition

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Metaplanet, a Tokyo-based investment firm, has elevated its Bitcoin holdings to 8,888 BTC after acquiring an additional 1,088 coins. Official reports indicate that each of these new Bitcoins was purchased for approximately $107,770, totaling around $117 million.

As per the company’s reports, the average cost of its entire Bitcoin acquisitions stands at $93,354 per BTC. With 8,888 coins amassed, Metaplanet has invested nearly $830 million. Currently, at market prices, this collection is valued around $932 million, resulting in an unrealized gain of close to $103 million.

Milestone Achieved by Metaplanet

Metaplanet embarked on its Bitcoin purchasing journey in April 2024. Since then, its pace of acquisition has outstripped many long-term holders. Block Inc., which initiated its Bitcoin strategy in October 2020, currently holds 8,584 BTC, placing it just behind Metaplanet.

*Metaplanet Acquires Additional 1,088 $BTC, Total Holdings Reach 8,888 BTC* pic.twitter.com/X2clAIKNbR

— Metaplanet Inc. (@Metaplanet_JP) June 2, 2025

BitcoinTreasuries data indicates that Metaplanet is now the 10th-largest publicly traded Bitcoin holder. In comparison, Strategy (previously MicroStrategy) leads with 580,250 coins, while El Salvador’s national reserves comprise 6,195 BTC.

Source: Arkham

Investment and Market Valuation

The latest report reveals that Metaplanet expended approximately $117 million for its recent acquisition of 1,088 BTC. Overall, the firm has invested close to $830 million in its Bitcoin treasury. As of June 2, 2025, the value of these 8,888 coins hovers around $932 million.

This translates to an unrealized gain of roughly $102.5 million. Furthermore, the report highlights that Metaplanet’s Bitcoin Yield reached 96% from January 1 to March 31, 2025, dropping to 66% between April 1 and June 2, 2025.

BTC is currently trading at $104,869. Chart: TradingView

Corporate Strategy Evolution

Other corporations are adopting similar strategies. Strategy maintains 580,250 Bitcoins and has hinted at further acquisitions on social media. DDC Enterprise recently added 79 BTC, bringing its total to 100. Indian-listed Jetking has also added six coins, totaling 21.

Orange is my Preferred Color pic.twitter.com/rc9JIcJOAT

— Michael Saylor (@saylor) June 1, 2025

Meanwhile, Brazilian enterprise Méliuz plans a public share offering to generate R$450 million (approximately $78 million), aiming to acquire Bitcoin. Reports indicate that DDC’s CEO Norma Chu emphasized Bitcoin’s finite supply and 24/7 liquidity aligns well with their treasury objectives.

Global and National Initiatives

Governments are also making moves. El Salvador has amassed 6,195 BTC in their national reserves. Internationally, Panama’s state-owned bank intends to introduce Bitcoin savings accounts and permit tax payment via crypto.

Metaplanet has acquired 1088 BTC for approximately $117.3 million at around $107,771 per coin, achieving a YTD Bitcoin Yield of 225.4% in 2025. As of June 2, 2025, the firm holds 8,888 $BTC bought for roughly $829.7 million at $93,354 per Bitcoin. $MTPLF pic.twitter.com/FYjiHiOIzL

— Simon Gerovich (@gerovich) June 2, 2025

Panama City’s Mayor, Mayer Mizrachi, announced these initiatives during the Bitcoin Conference 2025 in Las Vegas. Tower Bank in Panama has also agreed to accept taxes payable in cryptocurrency, reflecting increasing official acceptance.

Future Aspirations

Metaplanet aims to achieve 10,000 BTC by the end of 2025. With 8,888 coins already secured, the firm is close to 89% of its goal. The CEO, Simon Gerovich, celebrated the milestone with a post, marking the auspicious “8888” figure.

Featured image from Unsplash, chart from TradingView

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