#Metaplanet Acquires 780 $BTC for $92.5 Million, Total Holdings Hit $2 Billion


Japanese firm Metaplanet has purchased an additional 780 $BTC at an average price of $118,622 per coin.


The Tokyo-listed company now holds 17,132 $BTC worth approximately $2 billion at current market prices.


CEO Simon Gerovich revealed the firm's total $BTC accumulation cost averaged $101,030 per coin across all purchases.


#Metaplanet ranks seventh globally among public corporate $BTC holders, according to Bitcointreasuries data.


The company targets holding over 210,000 $BTC by end of 2027 to secure 1% of $BTC total supply.


Second-quarter revenue jumped 42.4% year-over-year to 1.1 billion yen from its Bitcoin-focused business operations.


Stock price surged 5.6% following the announcement despite being down 16.3% over the past month.


The firm began its $BTC strategy in April 2024 and continues aggressive accumulation despite market volatility.

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July 28, 2025 at 10:54 AM
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