Metaplanet Announces $117.5M Bitcoin Buy, Stock Surges 10%

Metaplanet has reached a symbolic milestone in its aggressive Bitcoin buying strategy, pushing its holdings to 8,888 BTC after announcing a fresh $117.5 million purchase.

In an X post earlier today, the company said it bought another 1,088 BTC, bringing its total holdings to 8,888, a number considered lucky in both Chinese and Japanese cultures due to its association with prosperity.

The company’s stock surged almost 10% in Asia trading hours as the latest BTC buy pushed Metaplanet closer to its 2025 year-end goal of holding 10K Bitcoin.

Metaplanet Ramps Up Bitcoin Accumulation Strategy In 2025

The most recent purchase comes after Metaplanet issued $50 million in zero-interest bonds last week, in what was the latest signal of the firm’s aggressive Bitcoin accumulation this year.

In 2025 alone, the company has added 7,126 BTC to its reserves after announcing the start of its Bitcoin accumulation in April last year.

The company’s CEO, Simon Gerovich, said on X that the company’s year-to-date yield for its Bitcoin holdings has reached 225.4%.

He also said the company’s average purchase price for its acquisitions stands at approximately $93,354 after the latest buy was performed at a mean price of $107,771 per Bitcoin.

Metaplanet has acquired 1088 BTC for ~$117.3 million at ~$107,771 per bitcoin and has achieved BTC Yield of 225.4% YTD 2025. As of 6/2/2025, we hold 8888 $BTC acquired for ~$829.7 million at ~$93,354 per bitcoin. $MTPLF pic.twitter.com/FYjiHiOIzL

— Simon Gerovich (@gerovich) June 2, 2025

The number of BTC Metaplanet holds now is symbolic because the number 8 is considered to be a lucky number in Chinese and Japanese cultures.

Gerovich said in an X post today that the symbolism of the company’s current holdings signals a “new chapter” of “abundance” for Metaplanet.

Metaplanet Stock Soars After Latest BTC Purchase

Investors reacted positively to Metaplanet’s latest Bitcoin buy announcement, with the company’s share price soaring almost 10% today, data from Google Finance shows.

The firm’s share price has surged around 227% so far this year and 1,788% in the past year.

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