Metaplanet, a Tokyo-based investment company, announced on Monday that it has purchased an additional 775 BTC at an average price of $120 000 per coin, for a total spend of approximately $93 million. This latest acquisition increases Metaplanet’s cumulative Bitcoin holdings to 18 888 BTC, representing a market value of roughly $2.18 billion at current prices.
The firm’s management outlined that the decision aligns with its corporate treasury policy to allocate a portion of cash reserves into digital assets viewed as a hedge against inflation and currency devaluation. Metaplanet first began acquiring Bitcoin in early 2024 and has since implemented a dollar-cost-averaging strategy, averaging 500 BTC purchases per quarter. According to internal records, the firm is now among the top ten corporate holders of Bitcoin globally.
In its public statement, Metaplanet emphasized the long-term nature of its Bitcoin strategy, noting that the asset’s market liquidity and institutional adoption have strengthened over the past year. The company’s treasury chief commented that recent regulatory clarity in major markets and the launch of spot Bitcoin exchange-traded products have improved accessibility and risk management frameworks for corporate investors.
Market analysts have highlighted that continued accumulation by corporate balance sheets could exert upward pressure on Bitcoin prices in the coming months. However, the firm also acknowledged the asset’s volatility, stating that it maintains a diversified portfolio and will review its digital asset exposure semiannually. Metaplanet’s move may encourage other firms considering similar treasury models to reveal their holdings and build greater transparency in the industry.
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