Rebecca Cruz Metaplanet has made its biggest Bitcoin purchase yet—$632.5 million worth of BTC. With 25,555 BTC now in its treasury, the firm climbs to fifth place among corporate Bitcoin holders.
Metaplanet Makes Record $632.5 Million Bitcoin Purchase
Japanese Bitcoin treasury firm Metaplanet has just pulled off its largest crypto acquisition to date, securing 5,419 BTC worth $632.5 million. The move cements the company’s aggressive Bitcoin-first strategy and positions it among the world’s top five corporate holders of the asset.
According to CEO Simon Gerovich, the purchase was made at an average price of $116,724 per BTC, underscoring the company’s willingness to buy into Bitcoin at elevated market levels. This signals growing conviction from the Tokyo-based firm that Bitcoin’s long-term value proposition outweighs short-term price fluctuations.
Fifth-Largest Corporate Bitcoin Treasury
With this latest acquisition, Metaplanet now holds 25,555 BTC, valued at roughly $2.71 billion. The average purchase price across its entire treasury sits at $106,065 per Bitcoin.
This leap in holdings allows Metaplanet to overtake Bullish and secure the fifth spot among publicly listed corporate Bitcoin holders. The firm now trails only industry giants such as MicroStrategy (renamed Strategy with 638,985 BTC), Marathon Digital (MARA), XXI, and the Bitcoin Standard Treasury Company.
For context, Michael Saylor’s MicroStrategy continues to dominate with over half a million Bitcoin in its reserves—a staggering lead. Still, Metaplanet’s rapid accumulation shows it has no intention of staying on the sidelines.
Strategic Moves Beyond Accumulation
This record purchase isn’t a standalone event—it’s part of a broader expansion strategy. Earlier in October, Metaplanet announced plans to raise $1.4 billion through the issuance of 385 million new shares, with proceeds earmarked directly for Bitcoin acquisitions.
To complement its growing treasury, the company also formed a new U.S.-based arm, Metaplanet Income Corp., which will focus on Bitcoin income generation. This includes derivatives trading and yield strategies, signaling that the company is not just holding Bitcoin passively but actively looking to monetize its reserves.
Such a strategy mirrors the growing institutional trend of using Bitcoin not only as a balance-sheet hedge but also as an income-generating asset class.
Market Reaction and Stock Performance
Despite the record purchase, Metaplanet’s stock saw only minor movement during trading hours in Japan, dipping 0.5% on Monday midday. Over the past month, shares have slid 27.5%, though the stock still maintains a strong 73.85% gain year-to-date.
Interestingly, U.S.-traded shares of Metaplanet closed up 3.81% at $4.09 last Friday, suggesting international markets are viewing the company’s Bitcoin strategy with optimism.
Meanwhile, Bitcoin itself has faced slight downward pressure, slipping 1.06% in the past 24 hours to trade at $114,449 as of Sunday night.Why This Matters for Bitcoin’s Corporate Adoption
Metaplanet’s bold purchase adds fuel to the narrative of Bitcoin as a treasury reserve asset. By joining the ranks of the top five corporate holders, the company highlights how institutional adoption is no longer limited to U.S.-based players.
Japan, historically known for its cautious regulatory approach, is seeing a growing appetite for digital assets. Metaplanet’s aggressive stance may inspire other firms in Asia to follow suit, diversifying the geographic distribution of large Bitcoin treasuries.
This acquisition also reaffirms the trend of corporations treating Bitcoin as a long-term strategic asset rather than a speculative bet. As companies like Metaplanet build substantial reserves, Bitcoin’s case as “digital gold” continues to strengthen. In a Monday post on X, Metaplanet CEO Simon Gerovich said that the latest purchase was made at an average price of about $116,724 per bitcoin.
Final Takeaway
Metaplanet’s $632.5 million Bitcoin buy marks more than just its biggest purchase—it’s a statement of intent. With 25,555 BTC now under its belt, the firm has solidified itself as a heavyweight in the corporate Bitcoin arena.
By raising billions for further acquisitions and launching an income-generating arm, Metaplanet is positioning itself not only as a major holder but as an active player in shaping Bitcoin’s financial ecosystem.
As Bitcoin adoption accelerates among corporations, Metaplanet’s aggressive play could prove to be a watershed moment for Asia’s role in the global Bitcoin narrative.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
