Japanese bitcoin treasury firm Metaplanet has acquired an additional 463 BTC for $53.7 million, continuing its accumulation of the world’s largest cryptocurrency.
Metaplanet disclosed Monday that it purchased the latest 463 BTC at an average price of $115,895 per bitcoin. The company now holds a total of 17,595 BTC, acquired for approximately $1.78 billion at an average price of $101,422, according to its CEO Simon Gerovich.
The latest bitcoin acquisition follows the company’s Friday filing of plans to raise up to 555 billion yen ($3.7 billion) through issuing new perpetual preferred shares to support its bitcoin buying strategy.
“Our goal is to have multiple tools to raise capital for buying Bitcoin,” said Gerovich in a Sunday post on X. “On a Bitcoin standard, the mission is to continuously grow Bitcoin per share. Issuing perpetual preferreds is a highly accretive tool designed to maximize long-term shareholder value.”
With total holdings of 17,595 BTC, Metaplanet currently ranks seventh globally in bitcoin holdings, behind Strategy, MARA, XXI, Bitcoin Standard Treasury Company, Riot, and Trump Media, according to data from Bitcointreasuries.
Metaplanet’s stock fell 4.7% by midday Monday in Japan, according to Yahoo Finance data, with markets still open.
Meanwhile, Bitcoin traded up 0.8% in the past 24 hours at $114,645 late Sunday night, recovering slightly from a weekend dip, according to The Block’s bitcoin price page.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
