Japanese investment firm Metaplanet has further strengthened its Bitcoin position, purchasing an additional 497 BTC for approximately $44 million. The company’s latest acquisition, announced by CEO Simon Gerovich on March 5, brings its total Bitcoin holdings to 2,888 BTC, with an average purchase price of $84,240 per coin. Despite Bitcoin’s recent struggles—dropping 8.5% in the past two weeks and briefly dipping below $79,000 on February 28—Metaplanet remains committed to accumulating the digital asset. The firm’s aggressive approach has paid off, with its stock price on the Tokyo Stock Exchange jumping 19% on March 5, reaching around 3,985 Japanese yen ($26.60). Metaplanet’s stock had experienced some volatility over the past trading week due to Bitcoin’s price fluctuations but remains one of the best-performing equities in Japan, boasting a staggering 1,700% surge over the last year. Aiming for 21,000 BTC by 2026 Metaplanet’s recent Bitcoin purchases are part of its broader strategy to establish itself as a leader in Japan’s Bitcoin investment sector. So far in 2025, the firm has acquired 794.5 BTC and reported gains of around $66 million in the first quarter. With an ambitious target of accumulating 21,000 BTC by 2026, Metaplanet is positioning itself as a major player in the corporate Bitcoin space. The firm’s aggressive accumulation strategy has propelled it to become the 12th-largest corporate Bitcoin holder globally, overtaking Hong Kong-based gaming company Boyaa Interactive International to become the largest Bitcoin-holding corporation in Asia . The company’s latest purchase marks its second Bitcoin acquisition this week, following a 156 BTC buy on March 3. Gerovich has also hinted at expansion plans beyond Japan, noting that the firm is considering listing on international stock exchanges, including in the United States. Exploring a Potential U.S. Listing As part of its global expansion plans, Metaplanet’s leadership is actively engaging with major financial markets. Gerovich recently met with officials at the New York Stock Exchange and Nasdaq to explore ways to make Metaplanet shares more accessible to international investors. “We are considering the best way to make Metaplanet shares more accessible to investors around the world,” Gerovich shared on X on March 3. Metaplanet is emerging as one of Asia’s most influential corporate Bitcoin adopters, doubling down on BTC even as markets remain uncertain. The post Metaplanet Boosts Bitcoin Holdings with $44M Purchase, Stock Soars 19% appeared first on TheCoinrise.com .
