Metaplanet buys 1,111 BTC, progressing toward new year-end target of 30,000 BTC

Japan's Metaplanet revealed its latest acquisition of 1,111 BTC on Monday in Asia, bringing its total to 11,111 BTC. The company bought the batch at a price of $106,408 per bitcoin. According to company CEO Simon Gerovich, the company's total holdings of 11,111 BTC was acquired for $1.07 billion at $95,869 per bitcoin. Based on current market prices, Metaplanet's bitcoin treasury is valued at $1.12 billion.The latest purchase was made a week after the company brought its holdings to 10,000 BTC, which was its initial year-end goal for 2025. This effectively placed Metaplanet as the ninth largest corporate bitcoin holder, surpassing Coinbase.Earlier this month, the company revised its earlier set goals to new targets to accumulate 30,000 BTC by the end of 2025, 100,000 BTC by 2026, and 210,000 BTC by the year after that.While data from Bitcointreasuries.net has not updated Metaplanet's figures with the latest purchase, the 1,111 BTC purchase likely brings the company above bitcoin miner Hut 8's bitcoin treasury of 10,273 BTC. Meanwhile, Metaplanet's Tokyo-listed stock is down 3.54% to 1,718 yen ($11.72) as of 11:30 a.m. on Monday local time. It remains up 393% since the start of the year, Yahoo Finance data shows.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.