TLDR

Key Highlights:
  • Metaplanet now holds 5,000 BTC worth $460M, halfway to its 2025 target of 10,000 BTC

  • Latest purchase of 145 BTC cost $13.6 million at ~$93K per BTC

  • Company ranks among top 10 corporate BTC holders globally

  • BTC Yield up 121% YTD, strategy defended despite share price drop

  • New competitor "Twenty One" to launch with 42,000 BTC

Metaplanet Surpasses 5,000 BTC Milestone

Japanese investment firm Metaplanet has reached the halfway mark of its goal to accumulate 10,000 BTC by the end of 2025. On Thursday, the company announced it had acquired 145 additional BTC, bringing its total to 5,000 — valued at $460 million.

CEO Simon Gerovich celebrated the milestone on X, stating the firm is positioning itself to lead the corporate bitcoin race out of Japan.

Aggressive BTC Accumulation Strategy

Metaplanet acquired its BTC using proceeds from the sale of stock acquisition rights, with the latest batch bought at $93,327 per coin. The company's year-to-date BTC Yield — a proprietary KPI comparing bitcoin holdings to outstanding shares — reached 121.1%.

Despite a 31.6% monthly drop in share price, Metaplanet’s stock has surged over 1,000% in the past year, reinforcing shareholder belief in the long-term value of its BTC treasury strategy.

Corporate Bitcoin Holdings Trend Gains Steam

The announcement coincides with the formation of a new bitcoin-native company, "Twenty One," backed by Tether, SoftBank, Bitfinex, and Cantor Fitzgerald. The firm plans to launch with 42,000 BTC and aims to rival Michael Saylor’s Strategy in total corporate bitcoin ownership.

Coinbase Institutional reports that sovereign wealth funds are also increasingly joining the bitcoin accumulation trend, signaling a broader shift in institutional crypto adoption.

Read the full article on theblock.