Krutika Adani
Metaplanet has acquired 797 more Bitcoins for $93.6 million, with an average price of $117,451. Its total stash now stands at 16,352 BTC, valued at $1.64 billion.
Since January, the firm has seen a BTC Yield of 435.9%. CEO Simon Gerovich says Bitcoin accumulation has now become Metaplanet’s core business.
Metaplanet has quadrupled its holdings since March, adding over 12,000 BTC. Just last week, it purchased 2,205 BTC — and the buying shows no signs of slowing down.
The Japanese firm plans to grow its stash 13x by 2027 — a bold target but still shy of Strategy’s current 597,325 BTC. Can it get there?
Xapo Bank’s CEO warns most firms should avoid oversized BTC bets. “Long-term conviction matters more than headlines,” he says — but Metaplanet seems all-in.