Metaplanet Doubles Down on Bitcoin Bet with $94M Buy, Eyes 210K BTC by 2027

Reading Time: < 1 minute

Metaplanet, the Tokyo-listed firm that transitioned from hospitality to a Bitcoin treasury play, has made another major move—acquiring 797 BTC for $93.6 million in its latest accumulation push.

CEO Simon Gerovich announced the purchase on X, noting an average buy price of $117,451 per Bitcoin. The deal boosts Metaplanet’s total holdings to 16,352 BTC, valued at $1.64 billion, keeping it firmly in fifth place among public companies—behind only MicroStrategy, MARA, Twenty One, and Riot Platforms.

“Another week, another tranche,” Gerovich quipped, signaling Metaplanet’s unwavering commitment to its long-term Bitcoin strategy.

The firm, which set a revised target last month to amass 210,000+ BTC by 2027, is rapidly emerging as a key player in corporate Bitcoin adoption—mirroring the aggressive approach of industry leader Michael Saylor’s MicroStrategy.