The Japanese investment firm Metaplanet has achieved its short -term objective to acquire 10,000 Bitcoin, after a recent purchase of 1,112 BTC for around $ 117 million.
The acquisition was completed at an average price of $ 105,405 per coin, which pushes Metaplanet past Coinbase in the ranking of public companies with the most important Bitcoin Holdings.
The milestone means that the company doubled its BTC reserves in just six months. At the beginning of 2025, Metaplanet held less than 5,000 BTC, but aggressively acquired around 6,000 BTC during the following period.
This rapid accumulation means the in -depth dedication of the company to Bitcoin as a core holiday.
Despite achieving the goal of 10,000 BTC, Metaplanet does not slide. Instead, the company’s board is approved An important financing movement that would see that it would give $ 210 million in ordinary bonds with zero interest to EVO Fund.
These 18th series Bonds, which mature in December 2025, are exclusively indicated for extra bitcoin purchases.
Looking ahead, Metaplanet has set aggressive accumulation goals. It plan To keep 30,000 BTC by the end of 2025, 100,000 BTC by 2026 and a stunning 210,000 BTC by 2027.
Metaplanet’s rising appreciation
Investor sentiment seems to be strongly aligned with the Metaplanet strategy.
After the Bitcoin acquisition -Announcement, the shares of the company increased by 26% to 1,895 Yen, according to facts On her website.
The shares of the company have increased by almost 10,000% since it has adopted the Bitcoin standard, which pushes its market capitalization to surpass ¥ 1 trillion ($ 6.9 billion).
Further than that, crypto firm matrixport noted The Bitcoin holdings of that metaplanet act with a steep premium.
According to the company, the Market Net Asset Value (MNAV) from MetaPlanet is 7.23x, which means that each BTC in its reserves is effectively priced at $ 759,000, more than seven times the spott rate.
Matrixport attributes this premium to speculative demand, limited stock clattering and future expectations of the value of Bitcoin linked to the growing holdings of Metaplanet.
Moreover, the company also benefits from the revised tax rules of Japan, which have facilitated the restrictions on companybitcoin interests and classified BTC as a reserve activity instead of a speculative. As a result, local investors now see Metaplanet as a tax efficient access gateway to Bitcoin-Blaootstelling.