Japanese company Metaplanet has significantly increased its Bitcoin holdings, surpassing Cleanspark to become the fifth-largest corporate Bitcoin holder . The company purchased an additional 1,005 BTC for $108 million . With this purchase, Metaplanet now holds 13,350 BTC .
The value of Metaplanet's Bitcoin holdings is approximately $1.31 billion, with an average acquisition cost of $97,832 per Bitcoin . The company aims to hold 210,000 BTC by 2027 . This goal would make it the second-largest corporate holder of Bitcoin globally .
Metaplanet raised funds for the purchase through the issuance of 30 billion yen ($208 million) in 0% interest bonds . It also announced a plan to buy back and cancel its third series of bonds . According to Metaplanet CEO Simon Gerovich, the company has achieved a BTC yield of 349% year-to-date .
Metaplanet's stock jumped 9.9% . In recent months, Metaplanet has accelerated its strategy to acquire Bitcoin, adding 10,000 BTC to its holdings . The company now holds 13,350 BTC, acquired at an average price of $97,832 per Bitcoin, totaling $1.31 billion .
Metaplanet has emerged as a pioneering public company in Japan . The company aims to hold 30,000 BTC by the end of 2025 and 100,000 BTC by 2026 .