Japanese firm Metaplanet has snapped up roughly $615-623 million in BTC, bringing its holdings to 30,823 BTC, and now ranks as the world’s fourth-largest publicly traded Bitcoin treasury.
Key Takeaways:
- Over the past days, Metaplanet acquired approximately 5,268 BTC (≈ ¥91.6 billion / ~$623 million), lifting its total holdings to 30,823 BTC.
- That positions it ahead of Bitcoin Standard Treasury and behind only Strategy (MicroStrategy), MARA, and XXI in public corporate Bitcoin treasuries.
- As of writing, BTC is trading around $115,229 (up ~1.54 %)—indicating some upward momentum since Metaplanet’s move.
Metaplanet, a Tokyo-listed company that has reoriented itself around bitcoin accumulation, announced it purchased 5,268 BTC for about ¥91.6 billion (~$623 million), pushing its total holdings to 30,823 BTC, according to a The Block report and blockchain analytics platform like Lookonchain. According to Lookonchain’s post in X (formerly Twitter) where they flagged the token accumulation, Metaplanet bought the massive amount of BTC at the price of $116,870 last week, and that it currently holds a total of 30,823 BTC bought at an average price of $107,912.
Meanwhile, its CEO, Simion Gerovich, confirmed via an X post that this purchase propels the firm to the position of the fourth-largest publicly traded bitcoin treasury.
Metaplanet is now the 4th largest publicly-traded Bitcoin treasury company in the world. Gerovich wrote on X.
Metaplanet Inc. is now the 4th largest publicly traded Bitcoin treasury. Source: BitcoinTreasuries.Net
Q3 Revenue Boosts Confidence in Crypto Strategy
Metaplanet’s shift toward a “bitcoin-first” strategy has been aggressive. The company has already bolstered its Bitcoin Income Generation business unit, which focuses on derivatives and yield strategies on its BTC holdings. Q3 revenue from that unit exceeded ¥2.438 billion (~$16.5 million), representing a 115.7% increase over Q2.
Meanwhile, according to a CoinDesk report, its improved performance has led to upward guidance, where its annual revenue targets have been revised higher, and operating profit estimates have also been increased.
Bitcoin Rises Amid Metaplanet’s Massive Acquisition
Following Metaplanet’s massive acwuisition of 5,268 BTC, markets showed an immediate response. As of this writing (10:00AM UTC), Bitcoin (BTC) trades at approximately $116,547, a price within the range of intraday highs and making it up roughly 3.3% over the past 24 hours after. Intraday lows were seen near $112,736 before the noticeable price jump, according to CoinGecko.
The surge indicates that Metaplanet’s purchase has drawn attention to mid-tier public companies increasingly treating Bitcoin as a strategic asset. Analysts note that this reaction highlights the balancing act between investor confidence in corporate crypto portfolios and the risks associated with large-scale Bitcoin exposure.
Outlook
Metaplanet’s ascent into the top Bitcoin treasury holders marks a milestone in corporate crypto adoption. In the near term, markets will be watching whether its stock can stabilize after the dip, and whether future share issuances will erode investor confidence.
The move may tighten Bitcoin supply and increase scrutiny on corporate crypto accounting. Success will depend on Metaplanet’s execution, with its strategy potentially serving as a model for other Asian institutions adopting Bitcoin.
Summary
Metaplanet bought ~5,268 BTC (~$615–$623M), taking its stash to 30,823 BTC and making it the 4th-largest public Bitcoin treasury. BTC ticked higher toward $116.5K after the news. The firm’s “bitcoin-first” strategy—backed by rising Q3 revenue—could become a template for other Asian corporates.
