Metaplanet Buys Additional 136 BTC, Expands Holdings to Over 20,000 BTC

Japanese investment firm Metaplanet has announced the purchase of an additional 136 BTC, worth approximately $15.2 million, further solidifying its role as one of the most aggressive corporate accumulators of the cryptocurrency. The acquisition brings the company’s total holdings to 20,136 BTC, valued at more than $2 billion at current market prices.
In its latest disclosure, Metaplanet revealed that the 136 BTC were acquired at an average price of around $111,783 per coin. This purchase comes as part of a broader strategy to steadily increase its BTC reserves, which began with a modest initial allocation but has accelerated significantly in recent months. Taking into account all purchases to date, the company’s average cost basis stands near $103,196 per BTC. The total investment across its BTC holdings now exceeds $2.08 billion, positioning Metaplanet among the largest publicly known corporate holders of the cryptocurrency worldwide.
Market observers have noted that Metaplanet’s share price has not always mirrored its BTC accumulation. Following the announcement, its stock faced downward pressure, highlighting the volatility of investor sentiment toward firms heavily tied to cryptocurrency. Nevertheless, the company continues to double down on its treasury strategy, emphasizing long-term value over short-term market fluctuations.
Strategic direction
According to CEO Simon Gerovich, the company has already surpassed its original milestone of securing 10,000 BTC. Building on this momentum, Metaplanet has laid out ambitious goals to accumulate up to 100,000 BTC by the end of 2025 and 210,000 BTC by the close of 2026. If achieved, these targets would make the firm one of the most significant institutional players in BTC globally.
This bold approach places Metaplanet alongside companies such as MicroStrategy, which has long pursued an aggressive BTC accumulation strategy. However, Metaplanet’s rapid scaling of its reserves signals an even more accelerated pace of adoption, particularly for a firm operating out of Japan, where regulatory environments around crypto investment are often perceived as cautious.
Industry implications
Metaplanet’s move comes at a time when institutional interest in BTC has been growing steadily, driven by rising acceptance of the asset class and broader integration into financial markets. The firm’s announcement reinforces the narrative that BTC is increasingly being viewed not just as a speculative asset, but as a strategic reserve currency for corporations viewking to hedge against inflation, currency devaluation, and macroeconomic uncertainty.
By setting such aggressive accumulation targets, Metaplanet is signaling confidence in BTC’s long-term trajectory, while also pushing the boundaries of how companies structure their treasuries. Analysts believe this could encourage other firms in Asia and beyond to explore similar strategies, potentially accelerating corporate adoption of digital assets.
With 20,136 BTC already on its balance sheet and ambitious plans for expansion, Metaplanet has firmly positioned itself at the forefront of corporate BTC adoption. While the road ahead may be marked by volatility in both cryptocurrency and equity markets, the company’s unwavering commitment to its strategy highlights a broader shift in how corporations perceive and utilize BTC in their financial planning.