Japan-based Metaplanet has announced the acquisition of 1,009 bitcoin, spending 16.48 billion Japanese yen (approximately $112 million) to increase its total holdings to 20,000 BTC.

This move solidifies Metaplanet’s status as a major player among public bitcoin treasuries, now ranking sixth globally and overtaking Riot Platforms, according to recent data.

Metaplanet expands bitcoin reserves

The company revealed in its Monday disclosure that the bitcoin was purchased at an average price of $111,068 per coin. This significant accumulation comes less than three months after Metaplanet reported reaching the 10,000 BTC milestone.

Earlier in 2025, the firm revised its year-end target from 10,000 to 30,000 BTC, signaling aggressive expansion.

For up-to-date information on Metaplanet’s current and historical bitcoin reserves, see the Metaplanet bitcoin treasury tracker.

Funding future purchases

Last week, Metaplanet announced intentions to raise 130 billion yen (about $880 million) through an international share offering. The majority of these funds are earmarked for additional bitcoin acquisitions over the next two months.

Metaplanet CEO Simon Gerovich has previously indicated that the company may use its bitcoin holdings as collateral to borrow funds for purchasing cash-generating businesses in the future.

Market reaction and bitcoin price

Following the announcement, Metaplanet’s stock declined 2.62% during Monday morning trading in Japan, though the U.S.-listed shares closed last Friday up 0.83% at $6.11.

Meanwhile, bitcoin’s price dropped 1.53% in the past 24 hours to $107,605.