Metaplanet Expands Its Bitcoin (BTC) Holdings with a $28.2 Million Purchase

Jakarta, Pintu News – Japanese company Metaplanet recently announced the addition of 330 Bitcoins (BTC) to their portfolio. The purchase was made for a total value of $28.2 million, marking a major step in their investment strategy.

Metaplanet CEO Simon Gerovich announced via X that this purchase increases the company’s total Bitcoin (BTC) holdings to 4,855 BTC, valued at approximately $500 million.

Check out the full news here!

Purchasing and Growth Strategy

Metaplanet has adopted a “Bitcoin First” strategy since last year, which focuses on increasing its Bitcoin (BTC) assets. In recent transactions, Metaplanet spent an average of $85,605 per Bitcoin (BTC), showing a strong commitment to this strategy.

The purchase is part of the company’s ongoing effort to increase its value through strategic investments in the cryptocurrency market. Since the beginning of the year, Metaplanet has achieved impressive results, with Bitcoin (BTC) yields reaching 119.3% year-to-date (YTD).

This demonstrates that sustainable buying strategies and smart investments can yield significant results, particularly in volatile market conditions.

Read also: 3 Cryptos in the Spotlight for Investors at the End of April 2025

Comparison with Other Companies

In the same industry, Metaplanet is not alone in adopting a Bitcoin-focused strategy. MicroStrategy, for example, has been a leader with much larger Bitcoin (BTC) holdings.

However, with a similar strategy, Metaplanet is trying hard not to be left behind. Both companies are included in Bitwise OWNB, a fund that tracks companies with Bitcoin (BTC) holdings of at least 1,000 BTC. The appointment of Eric Trump to Metaplanet’s Strategic Advisory Board marks an important step in the company’s efforts to strengthen its position in the market.

This move is expected to bring a new perspective and strengthen Metaplanet’s growth strategy in the crypto industry.

Read also: Michael Saylor’s Strategy Buys 6,556 Bitcoins Worth $555 Million, MSTR Shares Jump!

Market Reaction and Future Outlook

This latest purchase comes amidst a surprising rally in the price of Bitcoin (BTC), where the price briefly surged to $87,300. This rise comes amid macroeconomic uncertainty, suggesting that Bitcoin (BTC) may have decoupled from the stock market’s influence and started to move in tandem with the rising gold price, which reached new record highs.

With this positive trend, Metaplanet seems to be preparing for more upcoming Bitcoin (BTC) purchases. Reports suggest that the company is preparing for a $10 million buyout, which could be a bullish catalyst for Bitcoin (BTC) in the coming weeks.

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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

• Coingape. Breaking: Metaplanet Acquires 330 BTC for $28.2 Million. Accessed on April 22, 2025
• Featured Image: STviet