Japanese investment firm Metaplanet has deepened its commitment to Bitcoin, announcing the purchase of an additional 555 BTC as part of its ongoing accumulation strategy. The move signals the company’s continued confidence in the long-term value of digital assets, particularly amid growing institutional interest in cryptocurrency.
According to a disclosure made on Wednesday, Metaplanet spent approximately $53.4 million on this latest acquisition, securing the Bitcoin at an average price of $96,134 per coin. This purchase brings the firm’s total holdings to 5,555 BTC, now valued at roughly $481.5 million, marking a symbolic milestone in the company’s aggressive treasury strategy.
Celebrating the achievement, CEO Simon Gerovich took to X with a lighthearted post, referencing the Japanese word for the number five — “Go” — and declaring: “Go go go go — to the moon and beyond!” The message not only marked the 5,555 BTC milestone but also reinforced Metaplanet’s bullish stance on Bitcoin’s future.
To help finance its continued Bitcoin accumulation, Metaplanet also announced the issuance of an additional $25 million in ordinary bonds. This strategic move underlines the firm’s intent to expand its crypto treasury further through diversified capital-raising efforts.
Meanwhile, Metaplanet’s aggressive accumulation mirrors broader institutional trends. Michael Saylor’s firm, Strategy, has significantly ramped up its own Bitcoin acquisition plans by doubling its capital-raising initiative to $84 billion. The Virginia-based company disclosed it had filed to sell an additional $21 billion in common shares, having already exhausted a previous program of the same size authorized last October.
Alongside its equity strategy, the company has also doubled its debt issuance target from $21 billion to $42 billion. With $14.6 billion still available under its current authorization, the company appears poised to accelerate its pace of Bitcoin purchases, reinforcing a pattern of institutional accumulation.
Earlier this year, Metaplanet had already made waves by acquiring 145 BTC to bring its total to 5,000 BTC as part of its broader Bitcoin Treasury Operations. The latest purchase builds on that momentum, positioning the firm among the most committed corporate holders of Bitcoin in the Asia-Pacific region.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
