Metaplanet Acquires 1,004 Bitcoin for $104 Million, Boosting Holdings to 7,800 BTC
Source: theblock.co — 5/19/2025
Metaplanet, known for its aggressive bitcoin acquisition strategy in Asia, recently purchased $104.3 million worth of bitcoin, totaling 1,004 BTC at an average cost of $103,873 per bitcoin. This brings its total bitcoin holdings to 7,800 BTC, valued at $806 million based on current market prices. The firm, which started its bitcoin accumulation in April 2024, aims for 10,000 BTC by the end of 2025. Metaplanet funds its purchases through bond issuances, the latest being a $15 million offering. It is Asia's largest publicly listed corporate bitcoin holder and ranks 11th globally.