- Metaplanet holds over 20,000 Bitcoin worth more than $2B after its latest purchase.
- Bitcoin price climbs above $111,000 as corporate buyers continue to increase their holdings.
- Metaplanet plans to raise $884M to fund more Bitcoin purchases in the coming months.
Metaplanet has expanded its Bitcoin holdings to 20,136 BTC, valued at over $2.2 billion. The latest purchase of 136 BTC cost the company $15.2 million, with an average price of $111,000 per coin. This addition pushes the firm’s year-to-date yield close to 500%. The figure is based on its 2025 Bitcoin treasury strategy.
The company’s strategy tracks shareholder value and accumulation efficiency. It also aims to manage dilution risks while increasing long-term holdings. The company’s recent filings confirm it remains committed to growing its digital asset reserves.
Capital Raise to Support Further Accumulation
Metaplanet shareholders recently approved a plan to issue up to 550 million new shares in overseas markets. The company aims to raise around $884 million through this public offering.
This decision comes after a 3% drop in share price during the last trading session. However, the stock remains up over 92% year to date. The capital raise will fund further Bitcoin acquisitions in line with Metaplanet’s long-term roadmap.
CEO Simon Gerovich previously stated that the company targets holding 210,000 BTC by 2027. That level would place it second among public companies holding Bitcoin, just behind Strategy.
Bitcoin Market Shows Signs of Recovery
The Bitcoin price has rebounded to above $111,000, gaining nearly 7% over the past week. Trading volumes rose 23%, signaling renewed interest from investors.
The Crypto Fear & Greed Index also returned to “neutral” for the first time in days. Rising prices and corporate purchases appear to be supporting market sentiment.
El Salvador marked Bitcoin Day with a purchase of 21 BTC. The country’s total holdings stand at 6,313 BTC. This comes despite a July report from the IMF that questioned recent purchases under a $1.4 billion loan agreement.
Corporate Buying Trend Continues Across Sector
Other companies continue to add to their reserves. MARA Holdings holds $5.9 billion in Bitcoin and remains the second-largest corporate holder globally. The company mined 705 BTC in August, averaging 22.7 BTC daily.
Strategy added 4,048 BTC worth $449.3 million at an average price of $110,981 per coin. Its year-to-date yield has reached 25.7%. The company holds 636,505 BTC.
Recent corporate activity highlights a growing shift in how companies manage treasuries. Bitcoin continues to set out as a long-term strategic asset.