Japanese Company Spends $94 Million on Bitcoin as Price Skyrockets! 💸🚀

by

Oh, look! Another day, another corporate giant doubling down on Bitcoin—because why not? This time, it’s Metaplanet, the top dog in Japan’s Bitcoin game, flexing its muscles with a $94 million splurge. 🍿

On July 14, 2025, the Tokyo-based investment titan proudly announced that it had just bagged 797 more Bitcoin (BTC), dropping a cool $93.6 million at a mind-boggling average price of $117,451 per coin. Because why settle for a modest portfolio when you can own nearly $100 million worth of digital gold? 💎💰

With this latest purchase, Metaplanet’s treasure chest now holds 16,352 BTC, valued at approximately $1.64 billion. Do the math and we’re looking at an average cost of $100,191 per Bitcoin—quite the bargain, right? Especially when the return on investment is sitting at a 435.9% yield this year alone, according to CEO Simon Gerovich. Talk about hitting the jackpot! 🎰

Metaplanet has acquired 797 BTC for ~$93.6 million at ~$117,451 per bitcoin and has achieved BTC Yield of 435.9% YTD 2025. As of 7/14/2025, we hold 16,352 $BTC acquired for ~$1.64 billion at ~$100,191 per bitcoin. $MTPLF

— Simon Gerovich (@gerovich) July 14, 2025

This latest splurge comes just after the company splashed $238 million on even more BTC last week. Seems like Metaplanet is in full-on buying mode, and there’s no stopping them. CEO Gerovich, ever the visionary, proudly declared that their mission is to hoard as much Bitcoin as possible, like a digital dragon hoarding treasure. 🐉💰

“We need to accumulate as much bitcoin as we can to get to a point where we’ve reached escape velocity and it just makes it very difficult for others to catch up,” said Gerovich, clearly eyeing that sweet, sweet “escape velocity.” Maybe they’re just trying to make it so hard for anyone else to buy Bitcoin that we all end up stuck with dogecoin. 🙃

Once they’ve hoarded enough, Metaplanet plans to use their Bitcoin stash as collateral to snag profitable, cash-flowing businesses. Because, you know, Bitcoin just isn’t enough on its own. 🚀

And guess what? It’s working. Metaplanet has transformed into one of Japan’s top stock market performers this year, outpacing even the legendary Toyota Motor and Sony Group. Talk about an underdog story! Once upon a time, they were just struggling to manage hotels. Now, they’re making waves worldwide. 📈🌍

But wait—hold onto your seats—Metaplanet isn’t stopping here. With its sights set on 100,000 BTC by 2026 and 1% of Bitcoin’s total supply by 2027, the company is on a mission to become the undisputed king of crypto. Well, I guess they’ll have to buy a few more hundred thousand Bitcoin to make that dream a reality. 😏👑

Meanwhile, Bitcoin itself has been on a parabolic rise. The market’s favorite cryptocurrency is setting all-time highs, currently trading just above $122,000. Who knew a digital currency could cause this much excitement? 💥

Read More

2025-07-14 13:23