Japan-based Metaplanet spent more than $11 million this week adding Bitcoin to its preparations and getting 103 BTC. The company confirmed the recent disclosure move, saying the purchase was run at an average price of $113,491 per coin.
Total holdings near 19,000 BTC
With this addition, Metaplanet’s Bitcoin Stash is now at 18,991 BTC, which is equivalent to nearly $2 billion based on current prices.
The average acquisition cost across all of the company’s holdings is approximately $102,712 per coin. This makes Metaplanet the seventh largest publicly listed BTC holder, sitting right behind Riot Platforms Inc. and Bullish, the Crypto Firms backed by Peter Thiel.
The company’s timing is often consistent with major price fluctuations. Reports show that Metaplanet recorded more than 95% returns on its Bitcoin strategy in the first quarter of 2025.
The second quarter turned out to be even stronger at 129%, earning a 29% profit from July to late August. Overall, investments have grown nearly 480%, far surpassing most traditional stock play.
Purchases in the facility are progressing smoothly
Metaplanet’s move comes when Michael Saylor hinted at another purchase due to his company’s strategy. Saylor posted to X that “Bitcoin is on sale,” promoting speculation of more purchasing activity.
That message followed the strategy’s recent acquisition. It was a few days ago last week at 430 BTC and 775 BTC worth $51 million. The company currently manages 629,376 BTC, accounting for almost 3% of the circulating supply of BTC.
Such large purchases highlight how businesses can double Bitcoin, even at prices above $110,000. In the case of Metaplanet, this decision also serves as a hedge.
The weakening of the Japanese yen has sparked concern among investors, and crypto appears to provide a measure of protection against currency risk.
BTCUSD trading at $111,579 on the 24-hour chart: TradingView
Bitcoin is stable
Bitcoin was almost flat, trading around $112,000 after a brief fall to $110,000 over the weekend.
Analysts point out that this calm price response is common as large purchases are often made in-store and reduces the impact of the short-term market.
Eric Trump: Bitcoin surpasses $175K in 2025
At Jackson Hole, Eric Trump predicted that BTC would exceed $175,000 this year, and declared himself a “Bitcoin Maxi.”
– First Squawk (@firstsquawk) August 24, 2025
In the meantime, the broader crypto market sentiment remains bullish. President Donald Trump’s son, Eric Trump, recently called himself a “Bitcoin Maki,” predicted that his assets could reach $175,000 within 2025.
In addition to ongoing facility purchases, these types of forecasts are expected to see higher prices in the coming months.
There were also indications that Metaplanet could fall into a weekly accumulated approach, taking into account its latest purchasing activities. If the pattern continues, further crypto purchasing may occur.
Special Images from egamers.io, TradingView Chart
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