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Metaplanet Doubles Down on Bitcoin with 1,088 BTC Purchase—Now Holds 8,888 BTC

Metaplanet Doubles Down on Bitcoin with 1,088 BTC Purchase—Now Holds 8,888 BTC

CryptotimesIO
Release Time:
2025-06-01 23:52:15
0

Another day, another corporate treasury flipping fiat for digital gold. Metaplanet just dropped ¥10 billion (or thereabouts—who’s counting after the third comma?) to scoop up 1,088 Bitcoin, pushing its total stash to a suspiciously auspicious 8,888 BTC.

Why 8,888? Maybe it’s lucky in Cantonese, or maybe their CFO lost a bet. Either way, Wall Street analysts are too busy calculating their own bonuses to notice.

Pro tip: When your balance sheet starts resembling a casino’s chip tray, you’ve either cracked the monetary future or need a new risk manager. Place your bets.

Metaplanet Acquires $117M in Bitcoin

Metaplanet, Asia’s largest corporate holder of Bitcoin, has acquired 1,088 BTC for nearly $117.3 million, according to an official announcement on June 2. The move comes as the firm continues to double down on Bitcoin with zero-interest bonds.

With the latest purchase, the company’s total bitcoin holding has now reached 8,888 BTC, achieving 88.8% of its 10,000 BTC goal for 2025. Metaplanet plans to buy at least 10,000 Bitcoin in 2025.

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Simon Girovich, CEO of Metaplanet, said the company purchased additional Bitcoin at $107,771 and has achieved a BTC Yield of 225.4% YTD. The company’s BTC Yield is 66.3% from April-June 2. Notably, the company uses BTC Yield to assess the performance of its Bitcoin acquisition strategy.

Metaplanet has acquired 1088 BTC for ~$117.3 million at ~$107,771 per bitcoin and has achieved BTC Yield of 225.4% YTD 2025. As of 6/2/2025, we hold 8888 $BTC acquired for ~$829.7 million at ~$93,354 per bitcoin. $MTPLF pic.twitter.com/FYjiHiOIzL

— Simon Gerovich (@gerovich) June 2, 2025

Metaplanet Inc. (3350.T) stock price surged 2.34% to 1,092 yen at the time of writing. As per Yahoo Finance, the stock price has rallied over 155% in a month and nearly 214% YTD.

    
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