Metaplanet has added another 463 BTC to its balance sheet, a purchase worth roughly $53 million, pushing its total holdings to 17,595 BTC. The Japanese tech firm now owns more than $2 billion in Bitcoin, with an average entry price near $101,000 per coin.
That positions Metaplanet among the world’s top corporate holders of Bitcoin—behind only six other public companies. Strategy, led by Michael Saylor, still dominates with over 628,000 BTC, but Metaplanet’s rapid expansion has already earned it the nickname “the Japanese Strategy.”
The company isn’t shy about its ambitions either: its long-term target stands at 210,000 BTC, equal to about 1% of the total supply. This latest purchase is the firm’s first major move in August, following July’s record-breaking spree when 16 companies scooped up more than $7.8 billion in Bitcoin in a single month.
Bitcoin itself showed mild weekend weakness, slipping to $112,000 before rebounding as the new week began. With institutional demand at historic highs, all eyes are now on whether corporate accumulation will accelerate further into the fall.
cryptocurrency journalist and market analyst who has accumulated great experience. He shares practicable insight with traders, investors, and enthusiasts of the crypto world. John loves to explore the dynamic Web3 space, which involves blockchain technology or different coins besides decentralized applications (dApps) leading decentralized finance (DeFi), smart contracts or interoperability among blockchains, non-fungible tokens (NFTs), real-world assets (RWAs), and artificial intelligence combining blockchain. John has worked for leading cryptocurrency resources, among them FORECK.INFO, CoinGape, CryptoNews, and Business2Community
