Hassan Maishera
TL;DR
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Japanese firm Metaplanet has added another 2,205 bitcoins to its balance sheet.
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Bitcoin’s price crossed the $109k level a few hours ago and could rally higher amid bullish sentiment.
Metaplanet Purchases 2,205 Bitcoins for $239M
Japanese firm Metaplanet has continued its weekly Bitcoin-buying ritual after splashing another $239 million on the cryptocurrency. The company bought an additional 2,205 for roughly $238.7 million.
The firm disclosed earlier today that its latest purchase brought its total holdings to 15,555 BTC. Metaplanet CEO Simon Gerovich revealed that the company acquired 2,205 BTC at an average price of about $108,237 per bitcoin.
Metaplanet has acquired 2,205 BTC for ~$238.7 million at ~$108,237 per bitcoin and has achieved BTC Yield of 416.6% YTD 2025. As of 7/7/2025, we hold 15,555 $BTC acquired for ~$1.54 billion at ~$99,307 per bitcoin. $MTPLF pic.twitter.com/ec7l2JWmb2
— Simon Gerovich (@gerovich) July 7, 2025
Currently, Metaplanet is the world's fifth-largest publicly listed corporate holder of Bitcoin, with 15,555 BTC. Michael Saylor’s Strategy remains the leader with 597,325 BTC.
Metaplanet has adopted a Bitcoin-focused business, experiencing strong revenue growth after generating nearly 1.1 billion yen ($7.6 million) in revenue during the second quarter of this year. The revenue growth represented a 42.4% increase year-over-year, according to its quarterly disclosure released last week.
This latest acquisition comes a month after Metaplanet revised its target to hold over 210,000 BTC by the end of 2027.
Bitcoin is trading around $109k per coin after adding 1% to its value over the weekend.
