Metaplanet has solidified its status as a leading corporate investor in
Bitcoin, now holding over 30,000 BTC following a series of substantial acquisitions.
On October 1st, the Tokyo-based entity
announced
the addition of 5,268 BTC to its reserves, acquired at an average price of $116,870, representing an investment of approximately $616 million. This transaction followed a late-September purchase of 5,419 BTC, marking their single largest acquisition to date.
These consecutive acquisitions have boosted Metaplanet’s total Bitcoin holdings to 30,823 BTC, secured at an average cost of $107,912 per Bitcoin.
This accumulation signifies a considerable expansion from the company’s initial strategy, which began with a target of 10,000 BTC and subsequently increased to 30,000 BTC.
Having already surpassed this target, Metaplanet now surpasses Bitcoin Standard Treasury in the rankings, claiming the position as the fourth-largest corporate holder of Bitcoin globally.
Revenue Forecast Doubled
Metaplanet’s robust Bitcoin acquisition strategy is complemented by growth in revenue generation.
The company reported that its Bitcoin Income Generation division generated ¥2.44 billion (approximately $16.5 million) in revenue during the third quarter, reflecting a significant 115.7% increase compared to the previous quarter.
Building on this positive trajectory, the management team has doubled the full-year revenue forecast from ¥3.4 billion (approximately $23 million) to ¥6.8 billion (approximately $46 million). Projections for operating profit have also been increased from ¥2.5 billion (approximately $17 million) to ¥4.7 billion (approximately $32 million), representing an 88% increase from previous estimates.
Metaplanet President
Simon Gerovich
stated:
“Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned Metaplanet preferred share issuance, which supports our broader Bitcoin Treasury strategy.”
Rising Institutional Interest
The company’s ambitious accumulation strategy and strong financial results have garnered attention from global asset management firms.
Last week, Gerovich
revealed
that Capital Group, a US-based firm managing $2.6 trillion in assets, has become Metaplanet’s largest shareholder, surpassing National Financial Services.
According to Gerovich, the firm holds 11.45% of Metaplanet shares, estimated at a value of approximately $500 million.
Other prominent investors within Metaplanet’s top 20 include leading US financial organizations such as Vanguard, JPMorgan, Citigroup, and State Street, among others.
These investments demonstrate that Metaplanet’s position as a key player in the corporate adoption of Bitcoin is attracting significant interest from institutional investors worldwide.