Metaplanet has cemented its status as a heavyweight in corporate Bitcoin accumulation after purchasing 1,005 BTC worth $108 million, vaulting past CleanSpark to become the world’s fifth-largest corporate holder of the asset.
According to the firm’s disclosure, Metaplanet’s latest purchase lifts its total holdings to 13,350 BTC, acquired for roughly $1.31 billion at an average price of around $97,832 per coin. At today’s prices, the company’s Bitcoin stash is valued at approximately $1.45 billion.
This milestone means Metaplanet now surpasses notable firms including Tesla, Hut 8, Coinbase, and Block Inc., trailing only Strategy, Marathon Digital, Twenty One Capital, and Riot Platforms in total treasury size.
CEO Simon Gerovich shared that the average price for the most recent purchase was $107,601 per Bitcoin and noted the company has achieved a year-to-date BTC yield of 349%.
Zero-Interest Bonds Fuel the Buying Spree
The blockbuster acquisition follows Metaplanet’s announcement of a strategic bond refinancing plan to further ramp up its Bitcoin purchases.
The company issued 30 billion yen (around $208 million) in 0% ordinary bonds through its EVO fund—an unusual move that effectively grants Metaplanet an interest-free line of capital to acquire more Bitcoin.
Part of the proceeds will be used to buy back and cancel an earlier bond series worth 1.75 billion yen ($12 million), which carried an annual interest rate of 0.36%.
The rest of the funds, the company said, will go straight toward expanding the treasury.
“Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin,” Metaplanet stated in its filing.
This financing strategy underlines the company’s aggressive approach to amassing Bitcoin, which it describes as the cornerstone of its new treasury model.
Stock Rallies as Firm Sets Sights on 210,000 BTC
The market has responded enthusiastically. Metaplanet shares surged 9% on Monday, adding to the stock’s more than 350% rise since the start of 2025, according to Google Finance.
Earlier this month, Metaplanet raised its long-term ambition, outlining plans to hold 100,000 BTC by 2026—up from its previous goal of 21,000 BTC. Even more strikingly, the company said it intends to raise $5.4 billion and accumulate 210,000 BTC by 2027, a target that would make it the second-largest corporate holder of Bitcoin in the world if current rankings hold.
Meanwhile, the accumulation race shows no signs of slowing elsewhere. Strategy founder Michael Saylor hinted at yet another purchase with a familiar post on social media over the weekend.
“In 21 years, you’ll wish you’d bought more,” Saylor wrote alongside a chart of Bitcoin’s performance—an allusion to his signature refrain.
Metaplanet CEO Gerovich quickly replied,
“We buy every day. And still, I know I’ll look back wishing we had moved even faster.”
With both companies doubling down on their convictions, the corporate Bitcoin treasury arms race is accelerating into uncharted territory.
Quick Facts
- Metaplanet now holds 13,350 BTC, surpassing CleanSpark to rank fifth globally.
- The firm issued $208M in zero-interest bonds to fund additional purchases.
- Metaplanet’s stock is up more than 350% since January 2025.
- Plans are underway to accumulate 210,000 BTC by 2027.
