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Tokyo-listed Metaplanet has added another significant stack to its growing Bitcoin holdings, buying 1,111 Bitcoin worth $118 million on Monday. The purchase brings its total holdings to exactly 11,111 BTC as it races toward an ambitious target of acquiring 100,000 Bitcoin by the end of 2026.
The investment firm disclosed the purchase in a June 23 filing, acquiring the Bitcoin at an average price of 15,535,502 yen (approximately $106,408) per coin. The symbolic purchase amount positions Metaplanet as the world's eighth-largest corporate holder of Bitcoin, with an aggregate investment of 156.412 billion yen (just over $1 billion).
Metaplanet uses BTC Yield, a metric that measures growth in the company's Bitcoin per share over and help "assess the performance of its Bitcoin acquisition strategy" for the benefit of shareholders, it explained in the filing.
Alongside its latest Bitcoin acquisition, the company also reported that it had achieved a quarter-to-date BTC Yield of 107.9% from April 1 to June 23, 2025. This follows previous quarterly yields of 95.6% and 309.8%, demonstrating aggressive accumulation relative to share dilution.
Despite the hefty acquisition, Metaplanet's stock fell 8.2% on the day, closing at ¥1,635 (about $10.25) from a previous close of ¥1,781 (around $11.17), marking an intraday drop amid broader market concerns on the Middle East tensions, even as Bitcoin regained its footing in early Asian hours.
Last week, Metaplanet reached its 10,000 BTC target earlier than expected, having set a 470% portfolio expansion goal earlier in January. The Japanese firm is now 11% of the way toward its broader 2026 goal and 37% toward its nearer-term target of 30,000 BTC by year-end.
The latest acquisition represents significant progress toward Metaplanet's targets, though substantial ground remains.
Reaching 100,000 Bitcoin requires Metaplanet to acquire approximately 89,000 additional coins over the next 18 months, a pace that would demand roughly 5,000 BTC monthly, if purchases are evened out.
At current prices near $101,000, this translates to a smidge over $9 billion in additional capital requirements.
The company has funded its Bitcoin buying spree through innovative capital raises, including a massive "555M Plan" involving 555 million new shares through stock warrants, which are contracts that allow investors to buy shares of a company at a predetermined price in the future, usually as part of a fundraising deal.
For Metaplanet, these warrants feature adjustable prices that move with market conditions, aimed at generating roughly $5.3 billion.
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