Metaplanet boosts Bitcoin holdings to $2B, targets 210K BTC by 2027, signaling a bold corporate shift toward digital assets.
Metaplanet, a Japanese Web3 investment firm, has once again expanded its Bitcoin holdings. On August 4, the company announced the purchase of 463 more Bitcoin for its corporate treasury. The cost of this new acquisition to the firm was 7.995 billion yen, which is approximately 55.17 million dollars. The average price used in this transaction was about 17.27 million yen, or 119,163 dollars, per Bitcoin. This news was shared via the Metplanet official X account.
Metaplanet Plans to Grow Bitcoin Holdings to 30K by 2025
As a result, Metaplanet now holds a total of 17,595 BTC. The Bitcoin repository that the company holds would come to a sum of more than 261.28 billion or about 1.78 billion at current market rates. But the real worth of what Metaplanet is holding, according to the market’s performance and their projection of prices, is estimated by Metaplanet to be worth more like 2.02 billion.
The measure is another in the aggressive approach by Metaplanet to purchase 210,000 Bitcoin by the end of 2027. This would be close to 1 percent of the number of Bitcoins in existence. The company has achieved nearly 8.4% of such a massive target so far. It will have 30k by the end of 2025, 100k by 2026, and the complete 210k by 2027.
Metaplanet management is one of the companies that maintains a long-term belief in the value of Bitcoin. Under the leadership of CEO Simon Gerovich, the firm does not view Bitcoin as a speculative opportunity alone but rather as an actual component of its finance strategy itself. This is symbolic of a tendency to a large scale across institutions that are trading cryptocurrency on their balance sheets. Bitcoin is emerging as a serious contender to treasury reserves around the globe as more firms think about digital assets.
Related Reading: Metaplanet Eyes $3.7 Billion to Supercharge Bitcoin Hoard
Metaplanet’s Bold Bitcoin Moves Signal Long-Term Bet
To fuel its buying spree, Metaplanet is reportedly preparing a ¥555 billion capital raise. This is estimated to be about 75% of the current market value of the company. Analysts have termed this a calculated yet aggressive way of amassing Bitcoin. Financial observers believe that such audacious advances are symptoms of Metaplanet being very serious about a crypto-driven future.
In addition to that, Metaplanet has also experienced an impressive 459.2 percent gain on its Bitcoin investment to date. There is not much that traditional investments can offer on the same level, which makes their crypto approach more outstanding. Such a track record also increases investor confidence and makes the company a new powerhouse in the business crypto space.
Despite the fact that Metaplanet continues to lag behind such industry titans as MicroStrategy, Mara Holdings, and XXI in terms of the total number of Bitcoins acquired, its active buying and capital-raising activities are gradually narrowing the gap. Each acquisition positions the firm firmly in the growing network of corporate Bitcoin owners.
Finally, the recent purchase of Bitcoin by Metaplanet is not just an investment but a message. The corporation is very much gambling on Bitcoin, and its approach is catching fire in the investment sphere. Metaplanet is doing something, and, as it does, the company is laying the groundwork of how corporate finance will be run in the future, with other companies looking on and analyzing.
