Metaplanet has scooped up another 518 Bitcoin at an average price of $118,519 per coin, strengthening its position as the sixth-largest corporate Bitcoin holder globally.
The acquisition, valued at approximately $61.4 million, brings the company’s total holdings to 18,113 BTC, worth roughly $1.85 billion at current market rates.
This latest purchase aligns with Metaplanet‘s ambitious “555 Million Plan,” which targets an accumulation of 210,000 BTC by 2027—representing about 1% of the world’s total Bitcoin supply.
Think of it as joining the “Bitcoin Billionaire’s Club,” except instead of buying a yacht, they’re hoarding digital gold.
The company is taking a page from MicroStrategy’s playbook, funding its Bitcoin appetite through large-scale equity offerings.
Metaplanet recently announced a $3.7 billion stock offering to finance its ongoing digital asset acquisition strategy.
It’s like having a bake sale to buy a mansion, except the bake sale involves billions in corporate shares.
Metaplanet’s performance metrics reveal a third-quarter “BTC Yield” of 26.5%—a figure that tracks the growth of Bitcoin holdings per fully diluted share.
The company’s stock adjusted to 975 yen ($6.6) following the announcement, representing a 2.7% decline on the news release date.
While Bitcoin traded down 2.6% at $118,927 after reaching near-record highs above $123,000 earlier in the week, institutional interest remains strong.
This accumulation strategy comes as analysts project Bitcoin could potentially reach price milestones exceeding $150,000 by 2025 due to growing institutional adoption.
While Metaplanet sits comfortably in sixth place among public companies by Bitcoin ownership, it still has a mountain to climb to catch industry leader MicroStrategy, which holds over 628,000 BTC.
Other notable corporate Bitcoin hoarders include Smarter Web Company (2,395 BTC) and Sequans Communications S.A. (3,171 BTC).
This growing institutional adoption signals a shifting perception of Bitcoin as a legitimate balance sheet asset.
Metaplanet’s latest acquisition was funded through a ¥9.5 billion offering of preferred shares, part of a larger ¥55.5 billion funding initiative to support its Bitcoin strategy.
Metaplanet’s aggressive accumulation strategy is increasingly viewed as a template for corporate digital asset treasury management—turning traditional corporate finance on its head.
As more companies follow suit, the Bitcoin landscape continues to evolve from fringe investment to mainstream corporate reserve asset.
