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Home » Typography Elements » Metaplanet Secures an Additional $43 Million in Bitcoin During Crypto Market Downturn
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Metaplanet Secures an Additional $43 Million in Bitcoin During Crypto Market Downturn

By adminMar. 10, 2025Updated:Mar. 11, 2025No Comments2 Mins Read
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Metaplanet Secures an Additional $43 Million in Bitcoin During Crypto Market Downturn
Metaplanet Secures an Additional $43 Million in Bitcoin During Crypto Market Downturn
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Japanese Investment Firm Metaplanet Inc. Doubles Down on Bitcoin Accumulation Strategy

Tokyo-based investment firm Metaplanet Inc. has announced the acquisition of 497 BTC for $43.9 million amidst the downturn in the crypto market. This move is in line with the company’s goal of acquiring 10,000 BTC by 2025 and 21,000 BTC by 2026.

With the average price of $88,448 per coin, the purchase brings Metaplanet’s total Bitcoin holdings to 2,888 BTC, valued at approximately $240 million at current prices. Following the announcement of the Bitcoin acquisition, the company’s stock rose by over 20% to $27.08 (¥4,045.00) according to Yahoo Finance.

Metaplanet’s latest purchase coincides with Bitcoin facing price volatility, dropping to $83,000 earlier this week after U.S. President Trump confirmed tariffs on Canada, Mexico, and China. However, Metaplanet’s CEO Simon Gerovich revealed that the company’s BTC yield performance for 2025 has risen to 45.1%, surpassing the target of 35% yield per quarter.

The firm’s strategy of acquiring Bitcoin for its holdings is similar to that of Michael Saylor’s strategy, and Metaplanet now holds over 0.01% of Bitcoin’s total supply, making it one of the top 15 largest corporate Bitcoin holders globally.

In addition, the company has adopted new financing methods and announced a $745 million fundraising initiative in zero-discount moving strike warrants, marking “Asia’s largest raise” ever.

President Trump’s proposal for a strategic crypto reserve initially caused a brief rally in Bitcoin and other cryptocurrencies. However, the introduction of new tariffs on key trade partners quickly dampened the hype. Despite these tariffs causing global market concerns, Bitcoin experienced a slight recovery on Wednesday morning, with a 7.2% increase overnight, trading at just under $90,000 according to CoinGecko.

“Looking ahead, if the Federal Reserve’s rate cuts are substantial enough, there is still hope for a significant market opportunity this year,” said Tracy Jin, COO of crypto exchange MEXC, in an interview with Decrypt. “Medium to long-term investors can consider buying the dip, but they should closely monitor key support levels and changes in macroeconomic policy.”

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