Metaplanet Inc., known as Asia’s MicroStrategy, on Thursday said it has purchased 1,234 BTC for $132.7 million. With the latest purchase, the company has increased its bitcoin holdings to 12,345 BTC and flipped Tesla to become the 7th largest bitcoin holder.
Metaplanet Increases Bitcoin Treasury by 1,234 BTC
According to a press release on June 26, Metaplanet has purchased an additional 1,234 BTC at nearly $107,557 per Bitcoin. The company has achieved a BTC yield of 112.2% this quarter-to-date.
CEO Simon Gerovich took to X to reach out to the wider community about the latest Bitcoin purchase worth $132.7 million. He revealed that Metaplanet’s Bitcoin holdings have now surpassed Tesla’s BTC holdings. The company has achieved the BTC yield of 315% YTD 2025.
With the latest Bitcoin purchase, Metaplanet has raised its Bitcoin stash to 12,345 BTC. It is worth nearly $1.21 billion at an average price of $97,036 per Bitcoin.
On June 23, Metaplanet announced acquiring 1,111 BTC for $118.2 million at an average price of $106,408 per Bitcoin.
On Wednesday, Metaplanet secured 74.9 billion JPY (USD $0.51 billion) in equity capital through the issuance of 54 million shares via the exercise of the 20th series of stock acquisition rights. With this raise, the company has completed 10% of the 555 Million Plan to raise $5.4 billion.
As the company plans to hold at least 30,000 BTC by the end of 2025, it will become the 4th largest corporate holder of Bitcoin. Currently, BTC mining firm Riot Platforms ranks 4th on the top public Bitcoin treasury companies list.
Dylan LeClair, director of Bitcoin strategy at Metaplanet, highlighted the company’s near-perfect exponential growth. Notably, Metaplanet has reached >2% of MSTR’s Bitcoin holdings, separating from the exponential curve.
Company’s Stock Performance as Bitcoin Price Rises
Metaplanet is making a spectacular return with its Bitcoin treasury strategy. The company has also accelerated its BTC acquisitions as many companies, including GameStop, Semler Scientific, and other public companies, add Bitcoin to their corporate treasuries.
Metaplanet Inc (3350.T) stock price rebounded today but slipped after the company announced the latest Bitcoin acquisition. Stock price closed 5.27% lower at 1,574 yen on Thursday. The 24-hour low and high were 1,503 and 1,616 yen, respectively. As per Yahoo Finance, the stock price has dropped over 12% in a month and rallied nearly 353% YTD.
Bitcoin price has also slipped in the last 24 hours, with the price currently trading 0.19% down at $107,089. The 24-hour low and high are $106,095 and $108,305, respectively.
Also Read: Bitcoin Exchange Balance Drops To Lowest, Will BTC Price Reclaim $111K?
