Metaplanet boosts its Bitcoin holdings with a $11.6M purchase of 103 BTC as its stock jumps 4% after Michael Saylor’s “Bitcoin is on Sale” signal.
Earlier this week, Metaplanet, a Japanese company, announced that it had acquired an additional $11.6 million in Bitcoin to augment its total holdings. After Michael Saylor suggested that Strategy would make another BTC acquisition soon, this acquisition was made.
Metaplanet Enhances Balance Sheet with 103 BTC
Metaplanet disclosed the acquisition of 103 Bitcoin for ¥1.74 billion ($11.6 million) in its most recent disclosure. The purchase was completed at an average price of $113,491 per token. With this, the company’s cumulative position has increased to 18,991 BTC, which was acquired for an average cost of $102,712 per coin, at approximately $1.95 billion.
Metaplanet’s acquisition occurred immediately after Strategy founder Michael Saylor announced on X that “Bitcoin is on Sale.” Additionally, he disclosed the organization’s acquisition chart, which was widely perceived as an indication of an imminent acquisition.
Strategy disclosed last week that it had acquired 430 BTC, which is valued at $51.4 million. This increased its total holdings to 629,376 BTC, nearly 3% of Bitcoin’s circulating supply. The company’s unwavering commitment to growing its exposure was underscored by acquiring an additional 775 BTC mere days prior.
According to data from Bitcoin Treasuries, Metaplanet is now the seventh-largest BTC public holder due to its most recent acquisition. They are closely behind Riot Platforms Inc. and Bullish, which Peter Thiel owns.
The investment has outperformed the general equity market, achieving a remarkable return of 479.5%. Metaplanet indicates its confidence in Bitcoin as a safeguard against economic uncertainty in Japan, as the yen continues to decline.
In the first quarter of 2025, the firm reported a 95.6% Bitcoin yield. Meanwhile, July through late August 2025 produced a more modest return of 29.1%. The momentum persisted in Q2, with a 129.4% increase. Despite the fluctuations in the Bitcoin market, these figures demonstrate that the company has consistently made profitable investments at the appropriate times.
Bitcoin’s Reaction Is Subdued Despite Stock Surges
Metaplanet’s shares experienced a 4% increase in value after the announcement, reaching 878 yen. The stock’s upward trajectory demonstrates investor confidence in the organization’s strategy. Bitcoin, on the other hand, has shown minimal immediate response. The token trades at approximately $112,000, following a brief decline to $110,000 over the weekend.
The Japanese company’s decision also responds to Eric Trump’s assertion that he is a “Bitcoin Maxi.” In addition, he declared that the cryptocurrency could surpass $175,000 by the conclusion of 2025. In conjunction with the ongoing accumulation of institutional capital, this sentiment contributes to the optimism that Bitcoin may reach new highs soon.
Metaplanet’s most recent acquisition of $11.6 million for Bitcoin strengthened its position and indicated its confidence in BTC as a long-term asset. The organization’s most recent acquisition of Bitcoin occurred on the previous Monday. In response to this trend, experts suggested that it institute a weekly accumulation strategy for its Bitcoin treasury.
