Metaplanet Expands Bitcoin Holdings With $93 Million Purchase

Metaplanet has purchased 775 Bitcoin worth $93 million, lifting its total Bitcoin holdings to 18,888 coins and strengthening its position among corporate crypto leaders.

A Strategic Move in a Volatile Market

Metaplanet Inc. the Tokyo-based hotel operator turned corporate Bitcoin treasury, has deepened its commitment to cryptocurrency by purchasing an additional 775 Bitcoin for $93 million.

The move takes its total stash to 18,888 coins, valued at around $1.94 billion at current market prices. The purchase was made at an average price of $120,006 per Bitcoin, demonstrating the firm’s willingness to accumulate despite market volatility.

Bitcoin Price Correction Creates Buying Opportunity

This acquisition comes shortly after Bitcoin faced sharp selling pressure. Profit-taking dragged the world’s largest cryptocurrency from record highs above $124,000 to around $115,478.8, down 2.2% during early Monday trading.

While the pullback shook some traders, Metaplanet’s purchase suggests the company sees the dip as an opportunity to strengthen its Bitcoin holdings at lower prices.

Rising Shareholder Confidence

The market reaction to the news was swift. Metaplanet’s stock gained 1.5% in Tokyo trading following the announcement, reflecting investor confidence in the firm’s Bitcoin-focused strategy. For shareholders, the consistent expansion of the firm’s reserves provides a hedge against traditional market risks while aligning the company’s value more closely with the broader crypto market cycle.

Heavy Investment Through Capital Raises

Metaplanet’s aggressive Bitcoin accumulation is being financed through large-scale fundraising initiatives. Earlier in August, the firm revealed plans to raise $3.7 billion in equity to further expand its Bitcoin holdings.

This approach mirrors the bold playbook first executed by MicroStrategy, which leveraged equity and debt to build its now massive crypto treasury.

Position Among Global Bitcoin Leaders

With 18,888 coins, Metaplanet ranks as the seventh-largest corporate Bitcoin holder worldwide, just behind Trump Media & Technology Group Corp. MicroStrategy, now rebranded as Strategy, remains far ahead with 628,946 coins — by far the largest corporate stash globally. By adopting a similar accumulation strategy, Metaplanet is positioning itself as Asia’s most aggressive corporate adopter of Bitcoin.

Strategic Implications for the Future

The company’s continued expansion underscores its transformation from a traditional hotel operator into a financial entity heavily tied to crypto markets. As Bitcoin adoption grows under favorable regulatory conditions, particularly with the Trump administration showing a more supportive stance, Metaplanet’s Bitcoin holdings could prove pivotal to its long-term valuation.

Industry analysts note that while such concentration in a volatile asset carries risks, it also positions Metaplanet at the center of a broader movement where corporates are increasingly integrating Bitcoin into balance sheets. For many investors, this evolution represents both a diversification strategy and a bet on Bitcoin’s role as “digital gold.”