Metaplanet Just Bought 800 Bitcoin—And It’s Not Done Yet

Source Bitcoinist

Japanese investment firm Metaplanet added 797 BTC to its balance sheet on Monday, shelling out about $93.6 million at an average price of roughly $117,451 per coin. Based on reports from its CEO Simon Gerovich’s post on X, the company now holds 16,352 Bitcoin, which it bought at an average of $100,191 each for a total of about $1.64 billion.

Metaplanet Boosts Bitcoin Holdings

According to Gerovich, Metaplanet’s Bitcoin stash started the year at under 4,000 BTC and has jumped to over 15,500 BTC by July. That leap came after the firm snapped up 2,205 more coins just last week. It shows a fast push into Bitcoin, with purchases funded by capital market moves and profits from its core operations.

High Returns Drive The Push

Metaplanet measures success with its BTC Yield metric. Based on reports, that yield stands at 435.9% from January through mid‑July. That figure tracks how much the coin’s price has climbed since they paid for each batch. Bitcoin’s rally this year has driven that gain, rather than any trading tricks. Yet it does underline how much Metaplanet’s plan has paid off so far.

The firm treats Bitcoin treasury operations as a full business line since December 2024. It borrows against its Bitcoin holdings, so lower interest rates on those loans can cut costs. That gives Metaplanet more room to keep buying while keeping shareholders happy.

Rapid Accumulation Strategy

Watchers note how quickly Metaplanet’s pile grew. From March’s under 4,000 BTC to July’s 16,352 BTC, it roughly quadrupled in four months. Some firms only tiptoe into crypto. Metaplanet went all‑in. That made headlines and caught the eye of rivals with big coffers.

Metaplanet has set a target of 210,000 Bitcoin by the end of 2027. That means more than 13 times its current holdings. It may sound bold, but it’s still less than half of what Strategy holds today at 597,325 BTC. Metaplanet will need fresh capital raises or heavy use of debt to reach that figure.

Caution From Experts

Experts said corporate treasuries shouldn’t chase big positions just to make headlines. They said companies with long‑term beliefs in Bitcoin can benefit more from a steady plan than a wild sprint. In other words, Metaplanet’s bold road could pay off if Bitcoin keeps rising, but it could also leave investors hurt if the market takes a turn.

Bitcoin Inks New ATH

At the time of writing, Bitcoin registered a new all-time high price of $122,382, up 12% in the last seven days, data from Coingecko shows.

Featured image from Unsplash, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold price holds above $3,200; bullish bias remains amid trade uncertaintyGold price (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday.
Author  FXStreet
Apr 15, Tue
Gold price (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
Dollar and long-term Treasuries fall as Trump intensifies Fed clash; gold gainsThe dollar and long-term U.S. Treasury bonds declined on Tuesday following President Donald Trump’s unprecedented move to dismiss Federal Reserve Governor Lisa Cook.
Author  Mitrade
Aug 26, Tue
The dollar and long-term U.S. Treasury bonds declined on Tuesday following President Donald Trump’s unprecedented move to dismiss Federal Reserve Governor Lisa Cook.
placeholder
Australia's CPI Inflation Surges in July, Dimming Expectations for RBA Rate CutsAustralia's consumer price index (CPI) inflation surged to a one-year peak in July, surpassing market expectations and complicating the Reserve Bank of Australia's (RBA) outlook on further interest rate cuts.
Author  Mitrade
Aug 27, Wed
Australia's consumer price index (CPI) inflation surged to a one-year peak in July, surpassing market expectations and complicating the Reserve Bank of Australia's (RBA) outlook on further interest rate cuts.
placeholder
Bitcoin Slides to $111K Ahead of PCE Inflation Data, Faces Monthly DeclineBitcoin experienced volatile trading on Friday, sliding close to $111,000 as investors awaited critical U.S.
Author  Mitrade
Yesterday 08: 31
Bitcoin experienced volatile trading on Friday, sliding close to $111,000 as investors awaited critical U.S.
goTop
quote