Metaplanet Goes All-In on Bitcoin: $54M Purchase, $3.7B War Chest Ahead

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Metaplanet isn’t slowing down—the Japanese Bitcoin powerhouse just dropped another $53.7 million on 463 BTC, pushing its total stash to 17,595 BTC ($1.78 billion).

The latest buy-in averaged $115,895 per Bitcoin, slightly above its lifetime average of $101,422. But the bigger news? The firm is gearing up to raise a staggering ¥555 billion ($3.7 billion) to buy even more.

“This is about dominance,” declared CEO Simon Gerovich on X. “Perpetual preferred shares let us stack Bitcoin aggressively while rewarding shareholders long-term.”

With this move, Metaplanet cements its place as the seventh-largest corporate Bitcoin holder worldwide, chasing leaders like MicroStrategy and Trump Media.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.