Metaplanet Reaches 16,352 BTC, 5th-Largest Bitcoin Treasury

Tokyo-listed Metaplanet has acquired an additional 797 Bitcoin (BTC) at an average price of $117,451, bringing its total holdings to 16,352 BTC—worth roughly $1.64 billion—and making it the world’s fifth-largest public Bitcoin treasury after surpassing Galaxy Digital. Since pivoting from hotel management in December 2024, Metaplanet has funded its aggressive Bitcoin buying strategy through zero-interest bonds and equity rights, and plans a $5 billion injection into its Florida unit to accelerate acquisitions. The firm targets 210,000 BTC by 2027 and intends to leverage its BTC assets to fund stable-income company deals. In Q2, Metaplanet reported ¥1.1 billion ($7.6 million) in income, up 42% year on year, while its stock rose about 1% to ¥1,596 after Bitcoin surged past $121,000—up 435.9% year-to-date—amid a spot ETF inflow of $2.7 billion last week, daily trading volumes above $60 billion and $86.1 billion in futures open interest. The move underscores growing institutional demand for Bitcoin as its market cap tops $2.4 trillion, overtaking tech giants like Amazon and Alphabet.