Metaplanet Goes Big On Bitcoin Amid Fresh $11.6 Million Buy

Japan-based Metaplanet has added more Bitcoin to its reserves this week, spending over $11 million to acquire 103 BTC. The company confirmed the move in a recent disclosure, stating the purchase was executed at an average price of $113,491 per coin.

Total Holdings Near 19,000 BTC

With this addition, Metaplanet’s Bitcoin stash now stands at 18,991 BTC, valued at nearly $2 billion based on current prices.

The company’s average acquisition cost across all holdings is about $102,712 per coin. According to Bitcoin Treasuries data, this makes Metaplanet the seventh-largest publicly listed BTC  holder, sitting just behind Riot Platforms Inc. and Bullish, the crypto firm backed by Peter Thiel.

The company’s timing has often aligned with key price swings. Reports show that during the first quarter of 2025, Metaplanet recorded a over 95% return on its Bitcoin strategy.

The second quarter proved even stronger at 129%, while July through late August delivered a 29% gain. Overall, the investment has grown by close to 480%, far outpacing most traditional equity plays.

Institutional Buys Keep Rolling

Metaplanet’s move comes as Michael Saylor hinted at another purchase for his firm Strategy. Saylor posted on X that “Bitcoin is on Sale,” fueling speculation of more buying activity.

That message followed Strategy’s recent acquisitions—430 BTC worth $51 million last week and 775 BTC just days earlier. The firm now controls 629,376 BTC, accounting for nearly 3% of BTC’s circulating supply.

Such large-scale buying underscores how corporations are doubling down on Bitcoin, even at prices above $110,000. For Metaplanet, the decision also serves as a hedge.

Japan’s weakening yen has raised concerns among investors, and crypto appears to offer a measure of protection against currency risk.

Bitcoin remained mostly flat, trading around $112,000 after briefly dipping to $110,000 over the weekend.

Analysts point out that this muted price response is common, as large purchases often occur over-the-counter, reducing short-term market impact.

ERIC TRUMP: BITCOIN TO SURPASS $175K IN 2025

At Jackson Hole, Eric Trump predicted BTC will cross $175,000 this year, declaring himself a “Bitcoin Maxi.”

— First Squawk (@FirstSquawk) August 24, 2025

In the meantime, sentiment in the wider crypto market remains bullish. US President Donald Trump’s son, Eric Trump, recently called himself a “Bitcoin Maxi” and forecasted that the asset could reach $175,000 within 2025.

Along with ongoing institutional buying, these types of predictions drive anticipation of higher prices in the coming months.

There have also been indications that Metaplanet could be on a weekly build-up approach, considering its latest buying activity. If the pattern continues, further crypto purchases could be in the offing.

Featured image from eGamers.io, chart from TradingView