Metaplanet’s Symbolic 1,111 Bitcoin Buy Puts it at 10% of 2026 Target

Summary

Metaplanet has purchased 1,111 Bitcoin for $118 million, increasing its total holdings to 11,111 BTC. The average purchase price was approximately $106,408 per coin. This positions Metaplanet as the eighth-largest corporate holder of Bitcoin, with total investments exceeding $1 billion. The company reported a quarter-to-date BTC Yield of 107.9% from April 1 to June 23, 2025, following previous yields of 95.6% and 309.8%. Despite the acquisition, Metaplanet's stock fell 8.2% to ¥1,635 amid broader market concerns. The firm aims to acquire 100,000 Bitcoin by the end of 2026, requiring approximately 89,000 additional coins over the next 18 months, equating to about $9 billion in capital. Funding for acquisitions has come from innovative capital raises, including a "555M Plan" involving 555 million new shares through adjustable stock warrants aimed at generating $5.3 billion.