Metaplanet, headquartered in Japan, recently purchased an additional 1088 BTC, expanding its Bitcoin (BTC) holdings to 8888 BTC. As a result, Metaplanet has become the tenth-largest public traded Bitcoin holder.
Moreover, with this move, Metaplanet has reached 88.88% of its goal to accumulate 10,000 BTC by the end of 2025.
Metaplanet Purchases 1088 Bitcoins
According to the official announcement, Metaplanet recently purchased Bitcoin at approximately $107,771 per BTC, totaling around $117.3 million. The company's total Bitcoin holdings were acquired at an average cost of about $93,354 per BTC.
The total investment is close to $829.7 million. Based on current market valuation, 8888 BTC is worth approximately $932.2 million. Therefore, Metaplanet currently holds about $102.5 million in unrealized gains.
"From January 1, 2025, to March 31, 2025, the company achieved a 95.6% BTC return rate. The quarterly return from April 1, 2025, to June 2, 2025, is 66.3%." – Disclosure Document
With this move, Metaplanet has surpassed Block Inc., which holds 8,584 bitcoins, becoming the 10th largest Bitcoin holder among publicly traded companies. According to Bitcoin Treasuries data, Metaplanet began purchasing Bitcoin in April 2024, significantly later than Block Inc., which started in October 2020.
Despite the short time frame, Metaplanet's aggressive acquisition strategy has outpaced several existing players. In fact, BeInCrypto reported that the company's holdings have exceeded El Salvador's national reserves.
"8888 BTC. Symbol of prosperity. Lucky number. And today, our new reality. Securing 8888 Bitcoin. A new chapter begins for Metaplanet." – Metaplanet CEO Simon Gerovich
Financial Strategy, Surge in Bitcoin Purchases
Besides Metaplanet, other companies are also accelerating Bitcoin purchases. Strategy (formerly MicroStrategy) co-founder Michael Saylor recently hinted at purchases on X (formerly Twitter). At the time of writing, Strategy holds 580,250 coins, the largest Bitcoin holdings.
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Additionally, DDC Enterprise recently added 79 BTC, bringing its total to 100 BTC.
"Bitcoin's immutable scarcity and decentralized structure perfectly align with our resilient financial strategy." – DDC CEO and Founder Norma Chu
Similarly, Indian listed company Jetking has added almost 6 Bitcoin to its portfolio, now holding 21 BTC. Also, Brazilian listed company Meliuz, which has adopted a Bitcoin financial strategy, plans to raise 450 million reais (approximately $78 million) through a public stock offering. The company intends to use all proceeds from this issuance to purchase Bitcoin.
DWF Labs partner Ling Ling Zhang told BeInCrypto that more companies could join this trend.
"At DWF Labs, we see Bitcoin increasingly performing the role that gold once did. It has 24/7 liquidity, programmable supply, and inherent compatibility with the digital economy. As the regulatory framework evolves and custody infrastructure improves, we expect more companies, especially in emerging markets, to explore BTC as an operational ready asset rather than just a hedging instrument." – Zhang
Meanwhile, governments are also intensifying their Bitcoin participation. El Salvador has steadily accumulated Bitcoin, increasing its total holdings to 6,195.18 BTC. In Panama, a state-owned bank announced plans to open Bitcoin-based savings accounts and allow dollar transactions.
Panama City Mayor Maier Mizrachi announced this at the Bitcoin Conference 2025 in Las Vegas. This measure follows an agreement by Tower Bank to recently accept cryptocurrency tax payments.
