Metaplanet’s latest 780-BTC acquisition ($92.5M) underscores its conviction in Bitcoin’s long-term value, even at premium prices.
The Tokyo firm paid an average of $118,622 per BTC—far above its $101,030 all-time average—yet continues to scale its holdings, now worth $2 billion.
The move comes as Metaplanet aims for an audacious 210,000-BTC target by 2027 (1% of supply). Its confidence appears justified: Bitcoin-related revenue surged 42.4% YoY in Q2 to $7.6M, per recent filings.
With 17,132 BTC, Metaplanet now trails only six other corporations in BTC holdings, per Bitcointreasuries.
