Metaplanet Expands Bitcoin Holdings to 15,555 BTC
Metaplanet, Japan’s leading corporate Bitcoin adopter, has expanded its cryptocurrency reserves by acquiring an additional 2,205 BTC. This strategic purchase brings their total Bitcoin holdings to 15,555 BTC, valued at approximately $1.69 billion at current market prices. The Tokyo-based investment firm continues to demonstrate strong confidence in Bitcoin as a corporate asset.
Corporate Strategy Shift to Bitcoin
Formerly operating in the hospitality and technology sectors, Metaplanet underwent a significant rebranding in 2024 to focus exclusively on Bitcoin treasury management. The company has publicly stated its ambitious goal to accumulate 210,000 BTC by 2027, which would represent about 1% of Bitcoin’s total supply. This transition reflects a growing recognition of Bitcoin’s potential as both a store of value and a strategic corporate asset.
Growing Trend of Corporate Bitcoin Adoption
- More than 142 publicly traded companies currently hold Bitcoin on their balance sheets
- Total corporate Bitcoin holdings now exceed $92 billion globally
- Michael Saylor’s Strategy maintains the largest corporate position with over $64 billion in Bitcoin
Current Bitcoin Market Status
As of the latest market data, Bitcoin is trading at $108,717, showing a modest 0.7% increase over the past 24 hours. Despite typical market volatility, Bitcoin continues to attract significant institutional interest, with Metaplanet emerging as a prominent player in Asia’s corporate cryptocurrency landscape.
