CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

ZyCrypto 2025-06-30 10:35:23

Japan’s Metaplanet Acquires 1,005 BTC, Now Holds More Than CleanSpark, Galaxy Digital

Metaplanet, Japan’s largest corporate Bitcoin treasury, announced Monday that it had snapped up an additional 1,005 BTC. The latest acquisition puts Metaplanet ahead of CleanSpark and Galaxy Digital’s current Bitcoin stashes. The Tokyo-listed firm purchased the Bitcoins for $108.1 million per token, or around $107,601, the filing shows. This latest acquisition brings Metaplanet’s Bitcoin holdings to 13,350 BTC, worth more than $1.4 billion at the current price. Bitcoin was recently trading at $107,649, up 3.8% over the past 24 hours, according to crypto data provider CoinGecko . Metaplanet is now the world’s fifth-largest holder of Bitcoin among publicly traded firms that stockpile the asset, per Bitcoin Treasuries. It ranks ahead of digital assets-focused investment firm Galaxy Digital Holdings and crypto miner CleanSpark, which hold 12,830 BTC and 12,502 BTC, respectively. “Just three months ago, we announced live at our shareholder meeting that we hit 3,350 BTC — and now we’ve added 10,000 more to reach 13,350 BTC,” CEO Simon Gerovich said in a June 30 post on X. Metaplanet Aims For Large-Scale Expansion Metaplanet has scaled up its Bitcoin purchases at a fast pace. The Tokyo-listed hotelier announced on Monday that its board of directors has approved the issuance of 0% interest rate ordinary bonds worth $208 million to further boost its Bitcoin acquisition strategy. With this latest issuance, Metaplanet will also buy back and cancel its third series ordinary bonds worth 1.75 billion yen ($12 million), which carried an annual interest rate of 0.36%, so it has basically secured an interest-free loan and cash float for more BTC. “Funds raised through the issuance of the new bonds will be partially allocated to the buyback and cancellation, with the remainder used for the purchase of Bitcoin,” the announcement noted. The company recently revealed that it is looking to accumulate 100,000 Bitcoin by 2026 and 210,000 BTC by the end of 2027 as part of its so-called “555 Million plan”. Notably, Metaplanet is currently the largest non-American firm that holds Bitcoin on its balance sheet. The next-largest firm on the list is Canadian mining firm Hut 8 Mining, which holds 10,273 BTC. Meanwhile, Strategy, led by Michael Saylor, continues to top the global list with a massive stash of 592,345 BTC following its purchase of 245 BTC last week.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.