Metaplanet, a Japanese investment firm, has further enhanced its Bitcoin holdings by acquiring an additional 555 BTC, as part of its proactive accumulation strategy.
The firm announced on Wednesday that it invested around $53.4 million to make the purchase, acquiring the cryptocurrency at an average price of $96,134.
This latest investment increases Metaplanet’s total BTC holdings to 5,555 coins, which are currently valued at approximately $481.5 million.
Metaplanet CEO Celebrates 5,555 Bitcoin Milestone
CEO Simon Gerovich took to X to mark this significant milestone, using the Japanese pronunciation of the number five— “Go”—as he exclaimed: “Go go go go — to the moon and beyond!”
ゴーゴーゴーゴー！5555 BTC達成！
In Japanese, the number 5 is pronounced “Go”, so today we’re shouting:
Go go go go — to the moon and beyond! pic.twitter.com/dqIDGu5bDT
— Simon Gerovich (@gerovich) May 7, 2025
Metaplanet’s Bitcoin acquisition strategy commenced in April 2024, with an ambitious target set to reach 10,000 BTC by the end of 2025.
With this latest addition, the firm has already surpassed the halfway mark toward that ambitious goal.
To fund its ongoing Bitcoin purchases, Metaplanet also announced it will issue $25 million worth of ordinary bonds.
This marks the company’s thirteenth bond issuance, following a similar $25 million offering just a week earlier.
*Metaplanet Issues 25 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ruPsX85Ot1
— Metaplanet Inc. (@Metaplanet_JP) May 7, 2025
In tandem with its cryptocurrency strategy, Metaplanet is also making strides in international expansion.
Last week, it announced plans to open a fully owned subsidiary in Miami, Florida, which has emerged as a hub for Bitcoin companies and financial technology innovation.
This new entity, named Metaplanet Treasury Corp., is set to play a pivotal role in the firm’s U.S. operations.
According to data from Bitcointreasuries.net, Metaplanet currently stands as the largest public corporate holder of Bitcoin in Asia, ranking 11th globally.
By comparison, MicroStrategy, led by Michael Saylor, retains the most substantial Bitcoin reserve worldwide with 555,450 BTC.
Following the announcement of its latest acquisition, shares of Metaplanet saw a notable increase of 13.3% during Wednesday’s trading on the Tokyo Stock Exchange.
Public Companies Show Continued Interest in Bitcoin
In related news, MicroStrategy has revealed plans to double its capital raising initiative to $84 billion, aiming to enhance its Bitcoin holdings.
The Virginia-based company disclosed on Thursday that it has filed to offer an additional $21 billion in common shares, after fully utilizing a previous authorization of the same size established in October.
Moreover, MicroStrategy has raised its debt issuance target from $21 billion to $42 billion, leaving $14.6 billion available under its current authorization.
Amidst this dynamic environment, publicly traded corporations have increased their Bitcoin holdings by 16.1% in the first quarter of the year, indicating sustained institutional interest in the leading cryptocurrency despite market fluctuations.
Conversely, despite the enthusiasm from public companies, the U.S. government has shown a lack of inclination to accumulate Bitcoin.
BitMEX co-founder Arthur Hayes underscored this perspective, asserting that the likelihood of the U.S. significantly enhancing its Bitcoin reserves is low, largely due to the country’s rising national debt and the perception surrounding Bitcoin investors.
During a recent interview, Hayes expressed skepticism regarding the idea of the U.S. establishing a “strategic Bitcoin reserve” beyond the nearly 200,000 BTC already held.
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