Metaplanet just bought 800 bitcoin and is not finished yet

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Japanese investment firm Metaplanet added 797 BTC to its balance sheet on Monday, paying about $93.6 million at an average price of around $117,451 per coin. Based on a report from CEO Simon Gerovich’s post on X, the company currently owns 16,352 bitcoins, buying for an average of $100,191, with a total of around $1.64 billion.

Metaplanet supports Bitcoin holdings

According to Gerovich, Metaplanet’s Bitcoin Stash began the year with less than 4,000 BTC, and by July it jumped to over 15,500 BTC. That leap came last week after the company photographed 2,205 more coins. It shows a quick push to Bitcoin with purchases funded by capital market movements and profits from its core operations.

Image: Mobee

High returns promote push

Metaplanet measures success with BTC yield metric. Based on the report, its yield is 435.9% from January to mid-July. That number tracks how much the coin’s price has risen since you paid for each batch. This year’s Bitcoin rally caused its profits, not any transaction trick. But it underscores how much Metaplanet’s plans have paid off so far.

Since December 2024, the company has been handling Bitcoin’s Ministry of Finance’s operations as a full business line. Low interest rates on these loans reduce costs as they oppose holdings of Bitcoin. This gives Metaplanet room to continue purchasing while keeping shareholders happy.

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Rapid accumulation strategy

Watchers should note how fast the Metaplanet mountain has grown. From under 4,000 BTC in March to 16,352 BTC in July, it almost quadrupled in four months. Some companies just have to toe to the crypto. I went to Metaplanet in all. It made headlines and caught the eye of rivals with its huge financial resources.

Btcusd is currently trading at $122,147. Chart: TradingView

Metaplanet has set a target of 210,000 Bitcoin by the end of 2027. This means more than 13 times the current holdings. It may sound bold, but it’s less than half of the strategy held today at 597,325 BTC. Metaplanet requires fresh capital raises or heavy use of debt to reach that number.

Experts’ caution

Experts said that the Finance Ministry of Finance should not pursue large positions just to make headlines. They said companies with long-term belief in Bitcoin can benefit from a more stable plan than a wild sprint. In other words, Metaplanet’s bold roads could be rewarded if Bitcoin continues to rise, but it can also hurt investors when the market is turned.

Bitcoin Ink New ATH

At the time of writing, Bitcoin has registered a new all-time high of $122,382 in the last seven days.

Unsplash featured images, TradingView charts

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