After $170 million purchase, Metaplanet Rockets hit the top 10 Bitcoin holders
Tokyo-based investment company Metaplanet only increased its Bitcoin holdings to 8,888 BTC after purchasing 1,088 coins. According to official data, each of the newly acquired Bitcoins sold for about $107,770, with a total spending of about $117 million.
According to the report, the company’s average cost of all Bitcoin purchases is $93,354 per BTC. Metaplanet now has 8,888 coins and has invested nearly $830 million to date. At today’s price, the reserve is worth approximately $932 million, leaving the company’s earnings unrealized by nearly $103 million.
Metaplanet reaches milestone
Metaplanet began buying Bitcoin in April 2024. Since then, it has moved faster than many long-term holders. Block Inc. launched its Bitcoin program in October 2020 and currently has 8,584 BTC, making it second only to Metaplanet.
*Metaplanet received another 1,088 $ btctotaling 8,888 BTC* pic.twitter.com/x2claiknbr
– Metaplanet Inc. (@metaplanet_jp) June 2, 2025
Data from Bitcoin database shows that Metaplanet is now the 10th largest publicly traded Bitcoin holder. By comparison, Strategy (formerly MicroStrategy) leads with 580,250 coins, with El Salvador having a national reserve of 6,195 BTC.
Source: Arkham
Cost and market value
According to the latest update, Metaplanet spent about $117 million on its most recent 1,088 BTC purchases. Overall, the company has invested nearly $830 million in its Bitcoin Treasury Department. As of June 2, 2025, the value of these 8888 coins was approximately US$932 million.
This puts the book’s revenue of about $102.5 million. The report also shows that Metaplanet’s Bitcoin yield reached 96% between January 1 and March 31, 2025. From April 1 to June 2, 2025, the yield is 66%.
Change the company’s strategy
Other companies follow the same path. The strategy holds 580,250 bitcoins and hints at another buy on social media. DDC Enterprise has just added 79 BTC, bringing its total to 100. JetKing is an Indian listed company that has added nearly 6 coins and now holds 21 coins.
Orange is my preferred color pic.twitter.com/rc9jicjoat
— Michael Saylor (@saylor) June 1, 2025
Meanwhile, Brazilian company Méliuz plans to conduct an open stock sale to raise 450 million reais (about $78 million) with the goal of buying Bitcoin. According to the report, DDC CEO Norma Chu said Bitcoin’s limited supply and 24/7 liquidity meets its Treasury needs.
Global and sovereign action
The government is joining. El Salvador piled up 6,195 BTC in his national reserves. The state-owned bank in Panama plans to open Bitcoin savings accounts on various borders and allow cryptocurrencies to pay taxes.
Metaplanet has acquired 1088 BTC for $117.3 million for $107,771 per Bitcoin and has received a BTC yield of 225.4% YTD 2025. As of 6/2/2025, we hold 8888 $ btc Acquisition for approximately $829.7 million, $93,354 per Bitcoin. $ MTPLF pic.twitter.com/fyjihioizl
— Simon Grovich (@gerovich) June 2, 2025
Panama City Mayor Mayer Mizrachi announced the moves at a Bitcoin conference in Las Vegas in 2025. Panama’s Tabank Bank has also agreed to accept cryptocurrency taxes, a sign of increasing official support.
Looking to the future
Metaplanet sets a goal to reach 10,000 BTC by the end of 2025. Already received 8,888 coins, the company accounts for nearly 89% of the target. The company’s CEO Simon Gerovich marked the milestone with a post celebrating the lucky “8888” figure.
Featured images from Unsplash, charts for TradingView
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