- Metaplanet significantly expands Bitcoin holdings amidst market volatility.
- Purchase strengthens Metaplanet’s position among top BTC holders.
- Bitcoin support levels tested following major acquisition.
Metaplanet, a Tokyo-listed company, expanded its Bitcoin holdings by acquiring 775 BTC worth approximately $93 million on August 18, 2025, as Bitcoin tested $115,000 support.
The acquisition highlights Metaplanet’s aggressive BTC strategy, likening its approach to MicroStrategy’s, while potentially influencing corporate Bitcoin adoption amid market stability tests.
Metaplanet, a Tokyo-listed company, acquired 775 Bitcoin at an average price of $120,006 per BTC, bolstering its overall Bitcoin holdings to 18,888 BTC. This strategic purchase positions the firm as the world’s seventh-largest public Bitcoin holder. Simon Gerovich, Company President, praised the addition, likening their strategy to MicroStrategy’s aggressive approach. Gerovich announced the acquisition on social media, emphasizing Metaplanet’s ongoing commitment to its Bitcoin treasury strategy.
The acquisition comes as Bitcoin hovered around $115K, a key support level for the cryptocurrency. While reinforcing Metaplanet’s crypto positioning, this move signifies confidence in Bitcoin’s long-term value amid current market conditions. Metaplanet’s robust financial allocation supports its strategy, investing approximately $1.94 billion in Bitcoin initiatives since April 2024. The company’s recent quarterly results showed a turnaround with increased revenues, highlighting a strategic financial pivot.
Market observers draw parallels to MicroStrategy and Tesla, noting similar strategic approaches in accumulating Bitcoin. These actions underline a broader trend of institutional adoption, reflecting a shift in corporate treasury strategies worldwide. Potential outcomes may include enhanced regulatory clarity, particularly in Asia, where companies like Taiwan’s WiseLink also amplify their Bitcoin pursuits. This emphasizes a growing trend towards Bitcoin adoption, influencing financial and technological landscapes.
