The Japanese company Metaplanet acquired an additional 1,088 BTC, expanding its treasury to exactly 8,888 BTC. The latest purchase ranked Metaplaned as the holder of the 11th largest corporate treasury. Metaplanet bought an additional 1,088 BTC near the recent market peak, with an average price of $108,633. Metaplanet’s founder Simon Gerovich announced a slightly lower acquisition price, the equivalent of $107,771 per BTC. The company has achieved an estimated average price of $93,354 per BTC, on track to build a 10,000 BTC treasury by the end of the year. *Metaplanet Acquires Additional 1,088 $BTC , Total Holdings Reach 8,888 BTC* pic.twitter.com/X2clAIKNbR — Metaplanet Inc. (@Metaplanet_JP) June 2, 2025 The recent addition to the treasury arrived just days after Metaplanet arranged another $21M bond funding round with the goal of new acquisitions. The acquisitions added to last week’s BTC hype, but failed to keep the current price above $105,000. BTC still traded at $104,850 in the new week, expecting more news of corporate buying. As usual, the recent BTC purchase announcement had an effect on the Metaplanet market price. Recently, Metaplanet drew enough attention to become the go-to stock for indirect exposure to BTC for Japanese investors. The company aims for the effect of Strategy (MSTR) for the Japanese market. After the announcement, the Metaplanet market price rose to 1,142 JPY ($7.97), close to the recent monthly peak at 1,222 JPY. The shares recently became Japan’s most volatile stock, as interest shifted rapidly for the company during its latest series of BTC purchases. The stock effect repeats the behavior of other BTC treasury companies, which often gain in the short term following acquisition announcements. The effect has spread to public mining companies , which retained some of their net gains in the past month. Metaplanet has been one of the most regular buyers, among a trend to accumulate BTC in corporate treasuries. The latest reported purchases increased the total amount of stored BTC to 3.38M coins. A total of 116 public companies already hold treasuries, with accelerated additions in May. Metaplanet gains general attention Metaplanet is breaking the containment of Japanese investments. In the past few days, the company has increased its search volumes, originating from other developed crypto markets. Searches for ‘Metaplanet Inc.’ are up 300%, originating from the USA, Canada, and top crypto markets in the Euro area. Metaplanet is also getting close to building a $1B treasury, within a small price hike or another acquisition. The company also aims to retain a favorable ratio of assets to liabilities, by paying back older bonds. Metaplanet holds close to $1B in BTC, after the recent expansion to 8,888 coins. | Source: Arkham Intelligence Recently, the stock price saw rapid increase on the German market, sparking a new round of investor and social media interest. Metaplanet has continued buying even when other treasury companies had a pause due to market volatility. Metaplanet has kept a high-visibility profile on social media, often planning its acquisitions close to the schedule of Strategy. Despite the efforts, Metaplanet is still outside the top 10 of public company treasuries, as other new buyers hold larger legacy reserves from mining or previous acquisitions. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
