Metaplanet, a Japanese investment firm, just made a huge move in the crypto world. They added a whopping 780 Bitcoin to their holdings!
A Big Bitcoin Buy
This purchase brings their total Bitcoin stash to over 17,000 BTC, worth roughly $1.73 billion (as of July 28, 2025). That makes them Asia’s biggest publicly-traded Bitcoin holder. They paid around $118,622 per Bitcoin, spending almost $93 million on this latest buy.
Impressive Returns
The firm’s CEO, Simon Gerovich, boasts a year-to-date return of 450% on their Bitcoin portfolio (as of July 28, 2025). Their average cost per Bitcoin across all their holdings is now around $101,030. This follows a similar large purchase earlier in the year.
Catching Up to the Big Dogs
While Michael Saylor’s company, MicroStrategy, still holds the title of largest public Bitcoin holder (with a staggering 607,770 BTC), Metaplanet is quickly closing the gap. Their aggressive buying strategy has propelled them to a top 7 spot among publicly traded companies holding Bitcoin.
Stock Market Reaction
Metaplanet’s stock price jumped 5% right after the announcement, closing at 1,241 yen. While this is a positive sign, it’s important to note that the stock has seen some dips recently. This shows investors are excited about the company’s Bitcoin strategy, but also aware of the volatility of the crypto market.
Future Plans and Risks
Metaplanet has ambitious goals: they’re aiming to own 210,000 BTC by the end of 2027. If they succeed, they’ll surpass many other major players in the space. This is a bold strategy, and while the current returns are amazing, the inherent risks of the crypto market remain.
Asia’s Growing Crypto Influence
Metaplanet’s actions highlight the growing importance of Asia in the institutional crypto market. As more companies in the region embrace Bitcoin, their influence on the global crypto landscape will only increase.
