News View Non-AMP

Metaplanet Adds More Bitcoin, Targets 10,000 BTC by 2025

Published by
Qadir AK

Japanese publicly traded company Metaplanet is doubling down on Bitcoin, steadily increasing its holdings as part of its long-term strategy. The company now owns 2,100 BTC, which accounts for 0.01% of the total Bitcoin supply. In its latest move, Metaplanet purchased 68.59 BTC for $6.6 million, at an average price of $96,335 per BTC.

With a clear focus on Bitcoin, the company has set an ambitious target to accumulate 10,000 BTC by the end of 2025.

More Funds for a Stronger Bitcoin Strategy?

To support its Bitcoin acquisitions, Metaplanet has been actively raising capital. Analyst Dylan Le Clair revealed that the company secured $20 million in equity capital within just two days of launching its “21 Million Plan.”

In addition, Metaplanet announced a 10-to-1 stock split, scheduled for April 1, to make its shares more affordable for investors. This follows a reverse 1-for-10 stock split just eight months ago, after which Metaplanet’s stock surged 1,370%.

CEO’s Commitment to Bitcoin

Metaplanet’s CEO, Simon Gerovich, confirmed on X (formerly Twitter) that the company invested $6.6 million in Bitcoin, emphasizing its strong belief in Bitcoin’s transparency, stability, and value for investors. Metaplanet’s influence in the crypto sector is also growing, as it now holds the largest share (6.27%) in the CoinShares Blockchain Global Equity Index, which tracks leading blockchain-focused companies.

Company’s Market Expansion

Metaplanet recently used a significant portion of its 13th series of stock acquisition rights to strengthen its position. Between February 18 and 19, the company exercised 5,000 rights, issuing 500,000 new shares—about 11.9% of the total available rights. This move is part of a broader strategy to raise funds for Bitcoin purchases and support long-term expansion. Metaplanet still has 37,000 rights left, providing further flexibility for future funding.

Stock Performance and Future Outlook

Metaplanet’s stock is currently trading at 6,260 JPY, reflecting growing confidence in its Bitcoin-focused approach. With institutional interest in Bitcoin increasing, investors are closely watching how Metaplanet’s strategy will shape its future in the crypto-driven corporate world.

Metaplanet’s all-in approach could set the stage for a new wave of corporate adoption.

FAQs

How Much Bitcoin Does Metaplanet Currently Own?

Metaplanet holds 2,100 BTC, about 0.01% of Bitcoin’s total supply, with plans to acquire more through strategic investments.

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.

Recent Posts

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

In a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX)…

April 2, 2025

Trump Tariffs Live: Bitcoin Price Rallies To $87000 On ‘Liberation Day’

Cryptocurrency markets are experiencing fluctuations as traders brace for President Donald Trump's "Liberation Day" announcement,…

April 2, 2025

Grayscale Announces Launch of Two New Bitcoin ETFs: Here’s What They Are

Grayscale, a leading crypto asset manager, has introduced two new Bitcoin ETFs, offering a fresh…

April 2, 2025

Remember This Name! Remittix Presale Becomes the Top Predicted of 2025 as Project Raises Almost $15M in Record Time

In a year marked by conservatism and a sentiment shift in crypto, one name is…

April 2, 2025

Has Elon Musk Forgotten About Dogecoin (DOGE)?

Particularly for Dogecoin (DOGE), Elon Musk, the billionaire entrepreneur CEO of Tesla and SpaceX, has…

April 2, 2025

Shiba Inu Drops 9%, but RUVI AI’s (RUVI) Token Might Be the Meme Coin Killer as Investors Rush to Claim their Bonus

The cryptocurrency market is no stranger to ups and downs, and this week, Shiba Inu…

April 2, 2025