Japanese investment company Metaplanet announced on Tuesday it acquired an additional 135 bitcoins and invested around $12.9 million in top-level crypto. This latest purchase brings the company’s total holdings to 2,235 BTC, a significant increase from 1,761 BTC at the end of 2023 and 141 BTC recorded at the end of June 2024.
The acquisition took place at an average price of 14.3 million yen, or around $95,951 per Bitcoin. Metaplanet outlined its strategic goal of increasing Bitcoin stocks to 10,000 BTC by the end of 2025, and achieved its long-term target of 21,000 BTC by the end of 2026.
The move highlights the company’s commitment to Bitcoin finance operations, officially designated as the core business line in December 2024.
Despite the positive trajectory of Bitcoin investment, Metaplanet shares experienced a 1.3% decline during noon trading on Tuesday.
However, according to Google Finance data, the company’s stock price has earned substantial profits, up 67.5% since the start of 2025 and 233.7% over the past year.
Metaplanet’s continued accumulation strategy reflects the growing trend among institutional investors in the cryptocurrency market. As companies are increasingly aware of Bitcoin’s potential as a long-term asset, Metaplanet’s aggressive purchasing strategy positions it as a prominent player in the evolving landscape of digital currency.