- Metaplanet stock price surged over 20% today.
- Metaplanet purchased an additional 497 Bitcoins earlier today.
Metaplanet stock price jumped more than 20% today after the firm announced its latest purchase of 497 Bitcoins. Japan’s firm has been circling around the media for its relentless BTC purchase since last year. Despite the market price swings triggered by Trump’s tariffs and crypto announcements, Metaplanet remains committed to BTC purchase.
Metaplanet stock price has been going on a downtrend for the past few weeks. However, it witnessed a more than 20% surge today following the announcement of the BTC purchase. One Meta planet share price is currently valued at 4,045 JPY, which was close to 3,400 JPY earlier today.
*Metaplanet Purchases Additional 497 $BTC* pic.twitter.com/HActZWEduo
— Metaplanet Inc. (@Metaplanet_JP) March 5, 2025
Meta planet revealed its latest Bitcoin purchase on its official X account. CEO Simon Gerovich also confirmed the purchase, stating that the firm spent $43.9 million and acquired 497 BTC. The average price of Bitcoin in this purchase is approximately $88,448.
Metaplanet Continues its BTC Purchase to Achieve 10,000 BTC by 2025
Metaplanet achieved a year-to-date BTC yield of 45.1% in 2025. So far, the Japan-based firm has acquired 2888 BTC for $240.2 million at an average BTC price of $83,172. Whales and major global firms such as Strategy are taking advantage of the present market dips and accumulating Bitcoins.
The firm reached a total 0.01% of BTC supply by the end of February after purchasing 68 Bitcoins. It revealed ambitious goals of acquiring 10,000 BTC by the end of 2025 and 21,000 Bitcoins by the end of 2026. Metaplanet acquired 156 Bitcoin in its earlier purchase a couple of days ago.
Bitcoin is currently trading at $88,463 with a slight recovery of 5.68% in the last 24 hours. After Trump’s announcement regarding crypto reserve hype faded off, the crypto market lost over 10% market cap. Meanwhile, Trump’s new tariffs will also adversely impact the market. However, Bitcoin and altcoins are showing signs of recovery today.
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