Metaplanet Announces $117.5M Bitcoin Buy, Stock Surges 10%

Metaplanet has reached a symbolic milestone in its aggressive Bitcoin shopping for technique, pushing its holdings to eight,888 BTC after saying a recent $117.5 million buy.

In an X submit earlier immediately, the corporate stated it purchased one other 1,088 BTC, bringing its whole holdings to eight,888, a quantity thought-about fortunate in each Chinese language and Japanese cultures because of its affiliation with prosperity.

The corporate’s inventory surged nearly 10% in Asia buying and selling hours as the newest BTC purchase pushed Metaplanet nearer to its 2025 year-end objective of holding 10K Bitcoin.

Metaplanet Ramps Up Bitcoin Accumulation Technique In 2025

The newest buy comes after Metaplanet issued $50 million in zero-interest bonds final week, in what was the newest sign of the agency’s aggressive Bitcoin accumulation this 12 months.

In 2025 alone, the corporate has added 7,126 BTC to its reserves after saying the beginning of its Bitcoin accumulation in April final 12 months.

The corporate’s CEO, Simon Gerovich, stated on X that the corporate’s year-to-date yield for its Bitcoin holdings has reached 225.4%.

He additionally stated the corporate’s common buy worth for its acquisitions stands at roughly $93,354 after the newest purchase was carried out at a imply worth of $107,771 per Bitcoin.

Metaplanet has acquired 1088 BTC for ~$117.3 million at ~$107,771 per bitcoin and has achieved BTC Yield of 225.4% YTD 2025. As of 6/2/2025, we maintain 8888 $BTC acquired for ~$829.7 million at ~$93,354 per bitcoin. $MTPLF pic.twitter.com/FYjiHiOIzL

— Simon Gerovich (@gerovich) June 2, 2025

The variety of BTC Metaplanet holds now’s symbolic as a result of the quantity 8 is taken into account to be a fortunate quantity in Chinese language and Japanese cultures.

Gerovich stated in an X submit immediately that the symbolism of the corporate’s present holdings indicators a “new chapter” of “abundance” for Metaplanet.

Metaplanet Inventory Soars After Newest BTC Buy

Buyers reacted positively to Metaplanet’s newest Bitcoin purchase announcement, with the corporate’s share worth hovering nearly 10% immediately, information from Google Finance exhibits.

The agency’s share worth has surged round 227% thus far this 12 months and 1,788% previously 12 months.

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