Metaplanet acquires 162 BTC for $13,5 million

Metaplanet has invested $13,5 million in the acquisition of 162 BTC, once again demonstrating its confidence in Bitcoin as a reserve asset and long-term financial strategy.

Metaplanet, a Japan-based investment firm, has made a significant new investment in the cryptocurrency market, acquiring 162 Bitcoin (BTC) for a total of 2.000 billion yen, equivalent to approximately $13,58 million USD. With this transaction, the firm has increased its stake in the Bitcoin ecosystem, reinforcing its vision of the cryptocurrency as a key reserve asset for the future.

Metaplanet CEO Simon Gerovich published on social network X that his total bitcoin holdings are worth approximately $249 million at current market rates.

Its new investment reflects the company's long-term financial strategy, based on the belief that Bitcoin will play a pivotal role in the global economy. Furthermore, Metaplanet has implemented innovative financial tactics, such as issuing interest-free bonds, to expand its exposure to the digital asset, similar to Strategy. 

Metaplanet continues to invest in Bitcoin as a reserve asset

In a recent statement, the firm highlighted that it has acquired An additional 162 BTC, with an average price of $83.787 per BTC at the time of purchase. The acquisition expands its crypto market share and strengthens its position as the public company with the largest Bitcoin holdings in Japan. 

This new investment in Bitcoin comes at a time when the cryptocurrency market is experiencing a period of growing institutional acceptance. Companies and investors are seeking alternative assets to diversify their portfolios and protect against inflation. In this context, Bitcoin has established itself as a reserve asset, thanks to its scarcity and its ability to maintain its value over the long term. Furthermore, the company appears to be taking advantage of the current market correction, with BTC trading above $80.000, after reaching an all-time high of $109.000 per unit in January. 

Metaplanet has expressed its strong confidence in Bitcoin, considering it a reserve asset comparable to digital gold. Its strategic focus is not on short-term profits, but on establishing a robust and resilient financial foundation that will foster the cryptocurrency's sustained growth in the future. 

The company aims to accumulate 21.000 BTC by the end of 2026, which would position it as one of the largest corporate Bitcoin holders globally. This commitment reflects its vision to lead Bitcoin adoption in Japan, seeking not only to protect against economic instability but also to contribute to the evolution of the cryptocurrency market.

Bitcoin as a global reserve asset

Metaplanet considers Bitcoin an essential asset for the future of finance. This cryptocurrency, known as "digital gold," is characterized by its scarcity and its ability to retain value over the long term. With a maximum supply limited to 21 million units, Bitcoin presents itself as an attractive alternative to fiat currencies.

The company is betting on the growing adoption of Bitcoin as a store of value, a phenomenon already being observed in the global market. Both institutional and retail investors are adding BTC to their portfolios, seeking to protect their capital and take advantage of this cryptocurrency's growth potential.

Therefore, Metaplanet has implemented an active strategy to increase its Bitcoin holdings, raising funds through the issuance of ordinary bonds. Since April 2024, the company has made 22 acquisitions, accumulating a total of 3.050 BTC, valued at approximately $248 million.

Thus, with this new acquisition of 162 BTC, Metaplanet strengthens its position in the cryptocurrency market, accelerating the adoption of BTC as a global reserve asset. This investment also consolidates Metaplanet as a relevant player in the digital ecosystem, demonstrating that Bitcoin can be a powerful tool for diversifying assets and addressing global economic challenges. 

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.