Metaplanet’s $117M Bitcoin Buy: Top 10 Holder
Metaplanet, a Tokyo-based investment firm, has surged into the top 10 Bitcoin holders after a recent $117 million purchase of 1,088 BTC, bringing its total holdings to 8,888 BTC. This acquisition increases Metaplanet’s total investment in Bitcoin to approximately $830 million, with a current market value of around $932 million, resulting in a substantial unrealized gain of roughly $102.5 million. The firm’s average cost per Bitcoin is $93,354. Metaplanet’s rapid accumulation, starting in April 2024, surpasses many long-term Bitcoin holders, including Block Inc., which currently holds 8,584 BTC. The company’s impressive Bitcoin yield reached 96% between January and March 2025 and 66% from April to June 2025. Metaplanet’s aggressive strategy mirrors that of other companies like MicroStrategy, which continues to amass Bitcoin, and DDC Enterprise, which recently increased its holdings. Government entities are also showing increasing interest in Bitcoin, with El Salvador holding 6,195 BTC in its national reserves and Panama exploring crypto tax payments and savings accounts. Metaplanet aims to reach 10,000 BTC by the end of 2025, showcasing the growing institutional adoption of Bitcoin. This significant investment highlights the increasing confidence in Bitcoin as a valuable asset among both corporations and governments globally. The move underscores the ongoing trend of institutional investors and sovereign nations allocating funds into cryptocurrencies, driven by factors such as Bitcoin’s limited supply, 24/7 liquidity, and potential for substantial returns.
(Source: https://bitcoinist.com/metaplanet-rockets-to-top-10-bitcoin-holders-after-117-million-purchase/)
