Catenaa, Wednesday, August 27, 2027- Metaplanet, Japan’s leading Bitcoin treasury firm, expanded its holdings Monday with the purchase of 103 BTC valued at $11.7 million, pushing its total reserves to 18,991 BTC.
The firm said it acquired the new batch at an average price of $113,491 per coin.
President Simon Gerovich added that Metaplanet has now spent $1.95 billion on Bitcoin since launching its accumulation strategy in April 2024, paying an average of $102,712 per BTC.
The purchase keeps Metaplanet among the largest corporate Bitcoin holders worldwide, ranking seventh in global public company reserves, according to Bitcointreasuries data.
In a further milestone, Metaplanet was added to the FTSE Japan Index in the September review, upgraded from small-cap to mid-cap status.
Gerovich called the index inclusion “another important milestone on our journey as Japan’s leading bitcoin treasury company.”
Shares of Metaplanet rose 3.5% in midday Tokyo trading following the announcement. Despite a 26.9% decline over the past month, the stock remains up nearly 148% year-to-date.
Bitcoin itself slipped 1.5% over the past 24 hours, trading near $113,148 late Sunday, according to The Block’s data.
The developments highlight Metaplanet’s aggressive expansion and growing profile as one of Asia’s most prominent corporate Bitcoin holders, even as broader crypto markets remain volatile.
