Metaplanet, a Japanese company focused on Bitcoin, just made a huge purchase: 775 Bitcoin! This added roughly $93 million to their already impressive Bitcoin holdings.
A Growing Bitcoin Treasury
The purchase, announced by president Simon Gerovich, brought Metaplanet’s total Bitcoin stash to a whopping 18,888 BTC. That’s a total cost of about $1.94 billion. Even with the recent price dip, their Bitcoin is currently worth around $2.17 billion – a nice profit!
An analyst, Maartunn from CryptoQuant, even shared a chart showing Metaplanet’s steady Bitcoin accumulation since they started building their treasury last year. This consistent buying is quite impressive.
Strong Quarter, But Stock Price Lags
Interestingly, Metaplanet reported its best quarter ever (Q2 2025) with big improvements in profit. Despite this good news, the company’s stock price is still down 50% from its all-time high.
MicroStrategy Also Makes a Big Move
MicroStrategy, another major Bitcoin holder, also recently announced a new purchase: 430 BTC for about $51.4 million. This brings their total holdings to a staggering 629,376 BTC, costing them a total of $46.15 billion. MicroStrategy’s chairman, Michael Saylor, usually drops hints about upcoming buys, and this time was no different – he posted a cryptic message about “Insufficient Orange” before the announcement.
The Bitcoin Treasury Leaderboard
MicroStrategy is by far the biggest Bitcoin holder, dwarfing even the US government’s holdings. Metaplanet is further down the list (13th place), but their consistent buying could quickly move them up the ranks. A chart from Sentora, a DeFi solutions provider, clearly shows this hierarchy.
Bitcoin Price Takes a Dip
While companies like Metaplanet and MicroStrategy are busy accumulating Bitcoin, the price itself has recently dropped to around $115,100.