Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase
Metaplanet, a Japan-based investment firm, has surpassed 1,000 Bitcoin (BTC) holdings, now totaling 1,018 BTC after acquiring 156.78 BTC at an average price of $66,436. This positions Metaplanet as one of Asia's largest corporate Bitcoin holders, ahead of Meitu Inc., which holds 940 BTC. Metaplanet adopted Bitcoin as a strategic reserve asset in May 2024 and has significantly increased its holdings, acquiring over 620 BTC in a month. The firm ranks 15th among publicly traded companies for BTC reserves, with MicroStrategy leading at 252,220 BTC. Metaplanet's investment strategy has resulted in an unrealized gain of over $6 million, and its stock price rose more than 7% following the latest purchase. The current Bitcoin price is approximately $68,780, with a market cap exceeding $1.35 trillion.
