Krutika Adani
Metaplanet Adds 518 BTC at $100K Each
Japanese investment giant Metaplanet has purchased 518 more Bitcoin, worth about $52 million, at an average price of $100,561 per coin — pushing its total reserves to 18,113 BTC valued at $2.1 billion.
From Hotels to Bitcoin Titan
Once a hotel management firm, Metaplanet reinvented itself under CEO Simon Gerovich in 2024, adopting a bold Bitcoin-first treasury strategy inspired by MicroStrategy.
The “555 Million Plan” for 210,000 BTC
Metaplanet’s new goal: amass 210,000 BTC — about 1% of total supply — by 2027. This replaces its earlier 21,000 BTC target for 2026, signaling its aggressive crypto ambitions.
Innovative Financing Powers BTC Buys
The firm is funding its expansion with zero-interest bonds, moving-strike warrants, and perpetual preferred shares — including a 555 billion yen share-raising program launched in August.