Metaplanet buys $15 million in bitcoin, total holdings now at 20,136 BTC
Quick Take The Japanese bitcoin treasury firm said Monday that it purchased an additional 136 BTC for roughly $15.2 million. The latest purchase raised Metaplanet’s total holdings to 20,136 BTC, making it the sixth-largest publicly traded corporate bitcoin holder worldwide.
Japanese bitcoin treasury firm Metaplanet announced Monday that it acquired an additional 136 BTC for roughly $15.2 million, as the company remains bullish on the world's largest cryptocurrency.
In a Monday post on X, Metaplanet CEO Simon Gerovich said that the latest purchase of 136 BTC was made at an average price of about $111,666 per bitcoin.
With the latest acquisition, the company's total holdings reached 20,136 BTC, acquired for approximately $2.08 billion at an average price of $103,196 per bitcoin.
According to BitcoinTreasuries data , Metaplanet currently ranks sixth globally in total bitcoin holdings among publicly traded companies, behind Strategy, Mara, XXI, Bitcoin Standard Treasury Company, and Bullish. Michael Saylor's Strategy remains the largest public corporate bitcoin holder with 636,505 BTC.
Metaplanet's stock slipped 1.2% around midday Monday in Japan, according to Yahoo Finance data, with the market still open. The stock has fallen 30% in the past month but remains up 101% year-to-date. Its U.S.-traded shares closed down 1.6% at $4.86 on Friday, according to The Block's data .
Bitcoin edged up 0.5% in the past 24 hours to trade at $111,146 as of 11:45 p.m. ET Sunday, according to The Block's bitcoin price page .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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