Japanese investment firm Metaplanet has significantly increased its Bitcoin reserves with a $126.7 million purchase on May 12, bringing its total holdings to 6,796 BTC. This latest acquisition, where the firm purchased 1,271 BTC at $102,119 each, marks another step in its aggressive Bitcoin accumulation strategy.
Since its first Bitcoin investment, Metaplanet has spent approximately $608.2 million on BTC, with an average purchase price of $89,492 per coin. The company has also reported a strong 170.0% BTC Yield year-to-date, a key metric reflecting the growth of its Bitcoin holdings per fully diluted share.
The firm’s accumulation pace has accelerated, with notable purchases including 555 BTC on May 7 and a series of four buys in April totaling 18,586 BTC. Metaplanet aims to reach 10,000 BTC by 2025 and eventually accumulate 21,000 BTC, or roughly 0.1% of Bitcoin’s total supply.
This aggressive strategy has attracted attention in the crypto community, with comparisons to other Bitcoin-focused companies like Strategy. CEO Simon Gerovich highlighted that Metaplanet’s Bitcoin holdings now exceed those of El Salvador, positioning the company as a rising player in the cryptocurrency space. Following the announcement, Metaplanet’s stock saw a 4.96% increase, trading at ¥550.00.
