Mon, May 19

Metaplanet’s $104 Million Bitcoin Buy Reflects Confidence in BTC Rally

Metaplanet’s $104 Million Bitcoin Buy Reflects Confidence in BTC Rally Market News
  • Metaplanet increased its Bitcoin holdings by 1,004 BTC for $104.3 million, reaching 7,800 BTC.
  • The firm’s BTC acquisition strategy is funded by zero-coupon bond sales, avoiding shareholder dilution.

Metaplanet, the Tokyo-listed corporation known for its strategic pivot from hospitality to crypto, announced a significant Bitcoin acquisition worth $104.3 million. This latest purchase of 1,004 BTC boosts its total holdings to 7,800 BTC, positioning it as one of the world’s leading Bitcoin treasury companies.

The transaction, executed at an average price of approximately $103,873 per BTC, reflects Metaplanet’s unwavering confidence in Bitcoin’s long-term potential. By leveraging zero-coupon bonds, the company has raised funds efficiently, paralleling the strategies used by industry giants like MicroStrategy.

CEO Simon Gerovich emphasized that despite the company’s remarkable growth and a year-to-date BTC yield surpassing 189%, traditional finance still undervalues Bitcoin treasury firms like Metaplanet. “The market has yet to develop the right tools to price the real value of our holdings,” Gerovich stated at the Bitcoin for Corporations 2025 event.

Strategic Bond Issuance Fuels Aggressive Bitcoin Accumulation

Metaplanet’s acquisition spree is backed by a consistent issuance of zero-interest bonds, raising capital without diluting shareholder equity. The company recently issued its 13th series of ordinary bonds, generating $25 million to expand its Bitcoin reserves further.

This strategy has enabled Metaplanet to amass a BTC treasury valued at approximately $812 million, with an average purchase price of $91,343. The firm’s stock has responded positively, surging over 1,700% since mid-2024, and marking a 51% gain in 2025.

As Metaplanet approaches its ambitious goal of holding 10,000 BTC by the end of 2026, it has already surpassed El Salvador in Bitcoin holdings and eyes a climb towards industry heavyweights like Coinbase and Block Inc.

Strong Market Momentum Drives Metaplanet’s Bitcoin Buying SpreeBitcoin has been on a tear lately, pushing past $105,000 thanks to encouraging signs like better US-China trade talks. Many experts believe this could be just the beginning, with Bitcoin heading for new record highs soon.

Big Bitcoin buyers, or “whales,” have been snapping up coins left and right, and Metaplanet is right there with them, steadily adding to its stash. Blockchain tracker LookonChain has noticed this surge in whale activity, showing that major players are betting big on Bitcoin’s future.

Financial analyst Joe Consorti pointed out a fascinating link between Bitcoin’s price moves and the global money supply, suggesting the current uptrend might stick around for a while. Metaplanet’s consistent purchases line up perfectly with this positive outlook, highlighting the company’s belief in Bitcoin’s long-term potential.

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