365int
Metaplanet just went full Bitcoin. The Japanese investment firm bought 1,112 BTC, pushing its total stash to a whopping 10,000 BTC. That’s more than Coinbase holds.
The purchase cost ¥16.88 billion ($117M), bringing their average buy price to about ¥13.9 million ($96.4K) per Bitcoin.
Not long ago, Metaplanet was 8th in the corporate BTC rankings. Now? It’s number 7. And they’re not done.
The same day, Metaplanet said they’re issuing $210M in zero-interest bonds to buy more Bitcoin. They plan to hoard 210,000 BTC by end of 2027. Yep, that’s twenty-one times more.
That announcement sent Metaplanet’s stock flying—up over 22% in a single day on the Tokyo Stock Exchange, closing at ¥1,860. It’s already up 417% this year.
Meanwhile, Bitcoin briefly dropped from $110K to $103K last week—thanks, geopolitics—but big money isn’t flinching. Institutions poured over $1.3B into Bitcoin ETFs across five days.
Even Michael Saylor is doubling down. The BTC gold rush? Still raging.
Footing: BTC = Bitcoin. ETFs = Exchange Traded Funds (investment vehicles that track asset prices).
