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.