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Metaplanet Boosts Bitcoin Holdings to $2 Billion With Latest Purchase

Published by
Qadir AK

Metaplanet has acquired 780 Bitcoin (BTC) for $92.5 million, raising its total holdings to 17,132 BTC worth about $2 billion at current prices. The Tokyo-listed company now ranks seventh globally among public corporate bitcoin holders. Metaplanet, which began accumulating bitcoin in April 2024, aims to hold over 210,000 BTC by 2027. The firm’s bitcoin business saw Q2 revenue jump 42.4% year-over-year to $7.6 million, with shares up 258.3% year-to-date.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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