Metaplanet Makes Bold $238 Million Bitcoin Move—And It’s Just Getting Started!

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Ah, Metaplanet! The Japanese investment firm that, like a dedicated collector of rare stamps, just can’t stop adding to its Bitcoin portfolio. We’ve got news—no, not just news, but *major* news. Hold on to your hats, folks, because this is big.

In a move that only someone with a penchant for digital gold would understand, Metaplanet has purchased an additional 2,205 Bitcoin (BTC) for a whopping $237.9 million (34.49 billion yen). Yes, you read that right—$238 million. 🤑

The firm paid an average of 15.64 million yen (roughly $107,800) per Bitcoin, bringing its total holdings to a staggering 15,555 BTC. It’s as if they’ve got a never-ending ATM that just keeps spewing out yen and Bitcoin. A dream for some, a nightmare for others! 😏

This acquisition, dear reader, marks Metaplanet’s largest single-day purchase ever since they embarked on this wild Bitcoin adventure. And how are they funding this? Through a highly sophisticated mix of bond issuances and stock warrant exercises, of course! What’s a little paper shuffling when you’re swimming in digital currency, right?

*Metaplanet Acquires Additional 2,205 $BTC, Total Holdings Reach 15,555 BTC*

— Metaplanet Inc. (@Metaplanet_JP) July 7, 2025

But wait—there’s more. Just before this purchase, Metaplanet redeemed a tidy 6 billion yen worth of bonds issued in late June, using proceeds from the stock warrants. If you’re wondering how they do it, don’t worry, they’ve got it all figured out. Buy bonds, convert bonds to Bitcoin. Easy. 🧐

Since they kicked off this Bitcoin spree, Metaplanet has spent an eye-watering 225.8 billion yen (around $1.6 billion) on Bitcoin, with an average cost of 14.5 million yen per BTC. And the goal? Oh, just a minor target of 30,000 BTC by the end of the year. And then 100,000 BTC by 2026. And by 2027, a casual 210,000 BTC. Dream big, right?

And here’s where it gets spicy—Metaplanet has now entered the top five corporate Bitcoin holders, overtaking Tesla and Coinbase. But, with its latest moves, it’s closing in on the fourth spot, hot on the heels of Riot Platforms. Only 4,000 BTC away! Can they make it? Grab your popcorn 🍿, because it’s about to get interesting.

In case you’re curious about the returns, Metaplanet has reported a jaw-dropping 129.4% BTC Yield for Q2, with an additional 15.1% in the first week of July. They gained a cool 5,237 BTC in Q2, worth about 82.5 billion yen (around $513 million), and another 2,017 BTC in early July, valued at 31.8 billion yen (roughly $198 million). Can you say *profitable*? 💸

Now, if they hit their 210,000 BTC target by 2027, Metaplanet would control a full 1% of Bitcoin’s total supply. Yes, you read that right. 1% of all the Bitcoin in the world. In a world where everything is scarce, Metaplanet is on its way to becoming the digital currency king. 👑

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2025-07-07 12:01