Metaplanet Surpasses Riot, Becomes Sixth-Largest Bitcoin Holder
- Metaplanet becomes the sixth-largest corporate Bitcoin holder globally.
- Surpassed Riot Platforms with a significant acquisition.
- Actions fuel concerns over share dilution among investors.
Metaplanet, a Tokyo-based company, increased its Bitcoin holdings to 20,000 BTC, surpassing Riot Platforms to become the sixth-largest holder globally as of September 1, 2025.
The acquisition marks a strategic shift in corporate treasury management, impacting Bitcoin’s ownership landscape and eliciting market concerns over share dilution and potential equity offerings.
Metaplanet’s Rise in Bitcoin Holdings
Tokyo-based Metaplanet has officially increased its Bitcoin holdings to 20,000 BTC, surpassing Riot Platforms. This move positions them as the sixth-largest corporate holder of Bitcoin globally. You can find the official announcement on Metaplanet’s significant Bitcoin milestone.
The company’s initiative is part of an aggressive Bitcoin acquisition strategy led by President Simon Gerovich, who noted, “Our goal is to acquire up to 210,000 BTC by 2027.” This ambitious plan places significant focus on corporate Bitcoin accumulation strategy.
Impact of Recent Acquisitions
Metaplanet’s recent acquisition of 1,009 BTC valued at approximately $112 million, was financed through capital market proceeds and operating profits. Investors were concerned about potential share dilution, which led to a nearly 4% drop in Metaplanet’s stock price. For further insights into the company’s strategy, financial implications include the plan to raise $884 million through overseas share offerings, involving perpetual preferred stock similar to MicroStrategy’s strategy, shifting investor sentiment on the stock’s valuation.
On-chain data shows Metaplanet’s Bitcoin holdings now surpass Riot Platforms, previously holding 19,239 BTC. This change sparks adjustments in corporate Bitcoin holdings globally.
Market Trends and Analysis
Analysts note capital flow adjustments between BTC and ETH, highlighting a price decrease for Bitcoin by over 15% from all-time highs, alongside bearish indicators and sideways price activity.
Metaplanet is actively leveraging their financial strategies amidst evolving market trends and sentiments, with President Simon Gerovich stating, “We are leveraging our capital market proceeds and operating profits to fund our latest acquisition.”