Metaplanet Seizes the Dip: Buys 150 Bitcoin for $12M, Sets Bold 10,000 BTC Goal!

Jakarta, Pintu News – Metaplanet Inc. (Tokyo: 3350), a fast-growing company with a Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- treasury strategy, has strengthened its balance sheet by adding to its Bitcoin holdings during the recent market correction.

The mid-cap company with a valuation of around ¥175 billion has purchased an additional 150 BTC.

Metaplanet’s Bitcoin Growth Strategy

CEO Simon Gerovich revealed that the company had spent about $12.5 million buying Bitcoin at an average price of $83,508 per BTC.

Read also: Bitcoin Holds Strong at $82,800 Today (March 19, 2025) – Poised for a Surge to $89K or a Drop to $77K?

With this addition, Metaplanet’s total Bitcoin holdings now stand at 3,200 BTC, with a BTC growth rate of 60.8% since the beginning of the year.

Based on a Coinpedia report, Metaplanet is targeting 10,000 BTC holdings by the end of 2025 and plans to double that amount by the end of 2026. The company is funding these Bitcoin purchases through debt, equity issuance, and operating income.

Metaplanet’s Bitcoin-focused approach has attracted over 50,000 shareholders and has strong support from Strategy (formerly MicroStrategy).

On March 18, 2024, the company also announced the issuance of ¥2 billion worth of zero percent bonds to fund more Bitcoin purchases.

Institutional Demand Continues to Rise

The price of Bitcoin continues to rise as demand from institutional and sovereign investors who use BTC as part of their financial strategy increases.

According to data from bitcointreasuries.net, there are currently around 170 entities that collectively hold more than 3.1 million BTC.

With Bitcoin’s supply diminishing due to the halving mechanism and demand continuing to rise, BTC’s long-term price trend remains bullish.

Read also: Michael Saylor’s Strategy Buys 130 Bitcoin Worth Rp175 Billion! Total Holdings of Almost 500,000 BTC

In addition, Bitcoin’s price movements are now increasingly aligned with gold, which recently set a new record high and entered the price discovery phase.

As more and more institutions accumulate Bitcoin while supply continues to shrink, market conditions seem poised for significant price movements in the near future.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. Metaplanet’s Strategy: Bitcoin (BTC) Holdings. Accessed on March 19, 2025
• Coinpedia. Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing. Accessed on March 19, 2025
• Crypto News. Metaplanet Adds 150 BTC to Its Holdings After Bond Issuance. Accessed on March 19, 2025