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Japan-based investment giant Metaplanet has made another bold move in the crypto space. On June 16, the firm purchased 1,112 BTC worth $117.2 million. This takes its total Bitcoin holding to 10,000 BTC, meeting its 2025 target.
CEO Simon Gerovich confirmed the buy was made at an average price of $105,435 per BTC. “As of June 16, we hold 10,000 BTC. These were acquired for about $947 million at an average price of $94,697 each,” he stated. This is the firm’s second large Bitcoin purchase this month. On June 2, Metaplanet bought 1,088 BTC for $117.3 million.
Metaplanet also announced the issue of $210 million in 0% ordinary bonds to EVO FUND. This is the company’s 18th bond series. These bonds are set to mature on December 12, 2025. Funds raised will be used to acquire more Bitcoin. The company said this move will have minimal impact on its FY2025 financial results. If anything significant arises, it will provide updates.
This purchase is part of Metaplanet’s Accelerated 2025–2027 Bitcoin Plan. The firm aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. To fund this plan, Metaplanet will raise $5.4 billion by issuing 555 million shares via moving strike warrants. This would be Asia’s largest-ever equity raise for Bitcoin.
Following the announcement, Metaplanet’s stock (3350.T) rose 20% to 1,815 yen. Over the past month, the stock is up 191%. Year-to-date, it has surged 421%, according to Yahoo Finance. Metaplanet is positioning itself as a Bitcoin treasury leader in Asia. Its aggressive buying strategy is drawing global investor attention.
Also Read:MicroStrategy Buys 15,355 Bitcoin for $1.42B, Holdings Now 553,555 BTC
