Metaplanet Buys 797 Bitcoin in Strategic Expansion as BTC Tops $120K

today / 05:06

Tokyo-listed Metaplanet Inc. acquired 797 Bitcoin (BTC) worth approximately $96 million on July 14, 2025, bringing its total holdings to 16,352 BTC and cementing its position as the largest corporate Bitcoin holder outside North America. This strategic purchase contributed to Bitcoin's price surging past $120,000 during Asian trading hours, setting a new all-time high.

Under CEO Simon Gerovich's leadership, Metaplanet continues its aggressive accumulation strategy, mirroring MicroStrategy's blueprint. The company previously acquired 1,112 BTC for $117.2 million at $105,435 per Bitcoin, achieving a 266.1% YTD yield in 2025 as part of its "555 Million Plan." Gerovich confirmed intentions to leverage Bitcoin holdings as collateral to finance acquisitions of cash-generating businesses, particularly in digital financial services.

Funding mechanisms include zero-interest bonds, stock acquisition rights, and U.S. capital markets – notably a planned $5 billion injection into its Florida subsidiary. This corporate buying spree has amplified market optimism, reflecting growing institutional confidence in Bitcoin's long-term value proposition.