Japanese investment firm Metaplanet has purchased an additional 780 Bitcoin, further strengthening its position as the largest non-U.S. corporate Bitcoin holder. The company disclosed the $92 million acquisition in an official announcement on Monday, pushing its total BTC holdings to 17,132.
The newly acquired BTC was bought at an average price of approximately ¥17.52 million (around $118,145) per coin. This move brings the total investment value to over $1.7 billion, with the company’s average purchase price now standing at $99,640 per BTC.
Source: X
Solidifying Global Position Among Top Crypto Treasuries
Based on the data from BitcoinTreasuries.NET, Metaplanet is now seventh in the world in corporate Bitcoin holdings. It is located just behind Trump Media & Technology Group, which holds 18,430 BTC, and above Galaxy Digital with 12,830 BTC.
Metaplanet is the only non-U.S. entity among the top 10 list of companies. So it is the only company that is not in the United States but is still a major player in the accumulation of corporate crypto outside the United States.
Reports indicate that Metaplanet may leverage its Bitcoin treasury to acquire revenue-generating businesses in Japan, potentially including ventures like a digital bank. CEO Simon Gerovich emphasized that the company is building a “Japan-native model” tailored to local regulations, rather than mimicking U.S.-based Strategy (formerly MicroStrategy), which holds over 607,000 BTC.
Stock Surges on Aggressive Crypto Strategy
Metaplanet’s bold Bitcoin approach has fueled a strong rally in its stock performance. The company’s share price has soared 517% over the past year and 246% year-to-date. As of Monday, the stock was trading at $8.36, up 5% for the day, according to Google Finance.
In a recent Forbes Japan interview, Gerovich said the rapid growth was unexpected. “In just a year, we became the country’s top-performing stock,” he stated, citing a ¥1 trillion market cap and record trading volume.
Metaplanet’s strategy continues to draw attention from traditional finance and crypto sectors alike as it bridges Bitcoin adoption and Japan’s regulatory landscape.
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