Japanese funding agency Metaplanet has added 555 extra Bitcoin to its rising treasury, persevering with its aggressive accumulation technique.
The corporate disclosed on Wednesday that it spent roughly $53.4 million on the acquisition, buying the BTC at a mean worth of $96,134.
The most recent acquisition brings Metaplanet’s complete holdings to five,555 BTC, valued at roughly $481.5 million.
Metaplanet CEO Celebrates 5,555 Bitcoin Milestone
CEO Simon Gerovich celebrated the milestone with a submit on X, referencing the Japanese pronunciation of the quantity 5 — “Go” — and declaring: “Go go go go — to the moon and past!”
ゴーゴーゴーゴー！5555 BTC達成！
In Japanese, the quantity 5 is pronounced “Go”, so in the present day we’re shouting:
Go go go go — to the moon and past! pic.twitter.com/dqIDGu5bDT— Simon Gerovich (@gerovich) Could 7, 2025
The corporate started its Bitcoin-focused technique in April 2024 and has set an formidable goal of holding 10,000 BTC by the top of 2025.
With its newest buy, it has now reached greater than midway towards that aim.
To fund its ongoing BTC buys, Metaplanet additionally introduced the issuance of one other $25 million in unusual bonds.
This marks the agency’s thirteenth bond issuance, following the same $25 million elevate only a week in the past.
*Metaplanet Points 25 Million USD in 0% Atypical Bonds to Buy Further $BTC* pic.twitter.com/ruPsX85Ot1
— Metaplanet Inc. (@Metaplanet_JP) Could 7, 2025
In parallel with its crypto technique, Metaplanet is increasing internationally.
Final week, it revealed plans to launch an entirely owned U.S. subsidiary in Miami, Florida—an rising hub for Bitcoin corporations and fintech innovation.
The brand new entity, Metaplanet Treasury Corp., will function a key automobile for its U.S. operations.
In keeping with Bitcointreasuries.internet, Metaplanet is at the moment the biggest public company Bitcoin holder in Asia and ranks eleventh globally.
Michael Saylor’s MicroStrategy stays the worldwide chief with 555,450 BTC.
Shares of Metaplanet rose 13.3% on Wednesday following the information, as afternoon buying and selling continued on the Tokyo Inventory Alternate.
Public Firms Present Continued Curiosity in Bitcoin
Only in the near past, Michael Saylor’s agency, Technique, introduced it’s doubling its capital elevating plan to $84 billion in an aggressive push to amass extra Bitcoin.
The Virginia-based firm disclosed Thursday that it has filed to promote an extra $21 billion in frequent shares after depleting a earlier program of the identical measurement licensed in October.
It additionally doubled its debt issuance goal from $21 billion to $42 billion, leaving $14.6 billion remaining beneath its present authorization.
Within the first quarter of the 12 months, publicly traded corporations elevated their Bitcoin holdings by 16.1%, signaling continued institutional curiosity within the main cryptocurrency regardless of market volatility.
Nonetheless, regardless of public corporations’ curiosity within the main cryptocurrency, the US authorities has proven an absence of curiosity in buying Bitcoin.
America is unlikely to considerably enhance its Bitcoin holdings, stated BitMEX co-founder Arthur Hayes, citing the nation’s ballooning nationwide debt and the cultural picture tied to Bitcoin buyers.
In a current interview, Hayes forged doubt on the concept the U.S. would proactively construct a “strategic Bitcoin reserve,” past the almost 200,000 BTC already in its possession.
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