Latest 5,419 BTC Acquisition Ranks Metaplanet as Fifth-Largest Corporate Treasury

Key Takeaways:

  • Metaplanet acquired Bitcoin valued at 632.5 million, pushing its holdings to 25,555 BTC.
  • Observers believe its equity raise of $1.4 billion will drive more purchases. 
  • Asia firms now see BTC corporate treasury as a viable pathway. 

On September 22, Japanese Bitcoin treasury firm Metaplanet made its biggest purchase so far, buying 5,419 BTC for about $632.5 million. This major acquisition pushes the company to rank as one of the public corporate treasury holders of Bitcoin, putting it ahead of Bullish and just behind Strategy, Mara, XXI, and the Bitcoin Standard Treasury Company.

Will Metaplanet Equity Financing Raise Propel More Acquisitions?

Metaplanet CEO Simon Gerovich revealed in an X post that the latest purchase was made at an average price of about $116,724 per BTC. This latest acquisition makes Metaplanet’s total corporate treasury climb to 25,555 BTC. 

The firm secured these holdings for about $2.71 billion, at an average cost of $106,065 per coin. 

The purchase of 5,419 BTC reflects the increasing interest of the Japanese in stacking up Bitcoin. 

On September 8, Metaplanet added 136 BTC for $15.2 million, bringing its stash to 20,136 BTC. 

The following day, Nakamoto, a corporate treasury subsidiary of KindlyMD, announced it would commit up to $30 million to join Metaplanet’s global equity financing.

It could be recalled that earlier this month, Metaplanet announced plans to raise $1.4 billion through the issuance of 385 million new shares as every dollar will be set aside for Bitcoin purchases. 

The CEO has since confirmed that this goal was fully achieved.

Momentum did not stop there. Last week, its board approved a U.S.-based arm, Metaplanet Income Corp., created to grow a “bitcoin income generation” business. 

The subsidiary will focus on derivatives and other structured products that turn bitcoin holdings into ongoing revenue streams. This is not just about accumulation anymore. It is about expansion.

Market watchers believe the $1.4 billion raised from issuing 385 million shares could fuel even more buying. 

Today, Metaplanet stands as the fifth-largest corporate treasury with more than 25,000 BTC. A few more acquisitions could put it within reach of fourth place, currently held by the Bitcoin Standard Treasury Company with 30,021 BTC.

Holding 25,555 BTC: Is Metaplanet Sparking a New Wave of Adoption Boom in Asia?

With 25,555 BTC in its corporate treasury, Metaplanet may be setting a precedent in Bitcoin adoption across Asia. 

In China, Next Technology Holding, the nation’s largest bitcoin corporate treasury firm, has outlined plans to raise $500 million by selling common stock. Proceeds will be aimed at expanding its Bitcoin reserves

This mirrors the same playbook Metaplanet used when it raised $1.4 billion earlier this year.

The influence is also clear in Japan as Tokyo-based LibWork confirmed plans to systematically acquire 28 BTC between September and December 2025.

In July, Quantum Solutions, a Japanese AI company, revealed plans to step into bitcoin as well. 

The company said it would use borrowed funds to buy up to $10 million worth of bitcoin. But that is only the opening phase. Over the next 12 months, Quantum Solutions intends to build a corporate treasury of 3,000 BTC.

Each of these moves adds weight to a growing trend as Metaplanet’s expansion has created a ripple effect, with other firms now seeing Bitcoin not just as an asset, but as a corporate treasury strategy worth adopting. 

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