Japan’s Metaplanet Becomes World’s 6th Largest Bitcoin Treasury with Latest Buy
Japan-based bitcoin treasury firm Metaplanet has expanded its crypto reserves once again, purchasing 1,009 BTC valued at roughly $112 million.
The acquisition brings its total holdings to 20,000 BTC, strengthening its position among the world’s largest corporate bitcoin owners. Data suggests this purchase places the company in sixth place globally, ahead of some well-known firms in the space.
The buy comes only months after Metaplanet doubled its stash from 10,000 BTC to 20,000 BTC, reflecting an aggressive accumulation strategy.
Earlier this year, the company had already revised its year-end goal from 10,000 BTC to 30,000 BTC—a target that now appears more realistic as it accelerates its pace of purchases. The firm noted that the latest batch of coins was acquired at an average price of about $111,000 per bitcoin.
To support its expansion, Metaplanet disclosed plans to raise nearly 130 billion yen (approximately $881 million) through an international share offering. Most of the funds are expected to be deployed toward bitcoin purchases within the next two months, underscoring the company’s long-term conviction in the asset.
Despite the bold accumulation, Metaplanet’s stock in Tokyo slipped by just over 4% on Monday, while its U.S.-listed shares closed slightly higher at $6.11 on Friday.
At the same time, bitcoin itself traded at about $107,400, down 1.25% in 24 hours, reflecting normal market fluctuations. With its holdings now at 20,000 BTC, the company’s aggressive strategy continues to draw attention, and the crypto industry is watching closely to see if it can hit its ambitious 30,000 BTC target before the end of the year.
