Metaplanet Goes All-In on Bitcoin: Acquires 1,111 More BTC, Eyes 1% of Total Supply!

Tokyo Firm's Bold Move Shakes Up Crypto World

Holy Bitcoin, Batman! Metaplanet Inc. just upped the ante in the crypto game, snagging an extra 1,111 BTC. That's right, folks, their total stash now stands at a whopping 11,111 BTC. You can feel the ground shaking from here!

This Tokyo powerhouse dropped the bombshell in a June 23 filing, revealing they shelled out a cool 17.26 billion yen, around $108 million, for their latest haul. And get this—they nabbed those coins at roughly 15.54 million yen each, or about $97,000 per BTC. Talk about a high-stakes poker game!

Metaplanet isn't messing around with their treasury strategy. They're gunning for a jaw-dropping 210,000 BTC by the end of 2027—that's 1% of all the Bitcoin out there! Just last week, they blew past their 2025 goal of 10,000 BTC. These guys are on fire!

Their Bitcoin-to-share ratio, tracked by their custom BTC Yield metric, has more than doubled this quarter alone. As of June 23, it hit a sizzling 107.9%, up from 95.6% in Q1. That's some serious growth, folks!

This metric isn't just fluff—it shows how their Bitcoin stash is growing compared to their fully diluted shares, even with new equity coming in. Smart move, Metaplanet!

Remember their "21 Million Plan"? Well, that was just the warm-up. In June 2025, they cranked it up to 11, setting new targets of 30,000 BTC by the end of 2025 and 100,000 by the end of 2026. CEO Simon Gerovich calls Bitcoin a core strategic asset and sees Metaplanet as a tax-friendly way for Japanese investors to get in on the action.

How are they funding this Bitcoin bonanza? Convertible bonds and stock warrants, baby! On the same day they announced their latest BTC buy, they also revealed a 558.7 million yen deal with EVO FUND through new stock acquisition rights. These guys are playing chess while everyone else is playing checkers!

Some say Metaplanet's strategy is like Strategy's, but they've been crushing it in stock performance, up over 1,600% in the past year. But hold on—big gains come with big risks.

Right now, Metaplanet's shares are trading at an implied Bitcoin price of ¥93 to ¥118 million per coin, or about $596,000 to $759,000. That's a hefty premium over market value, folks. Investors are paying top dollar for a piece of this BTC pie!

And get this—over 220 publicly traded companies are now jumping on the "Saylor copycat" bandwagon. Coinbase's recent report called it an "attack of the clones" and warned that these aggressive Bitcoin buys could shake up markets and investor trust. Buckle up, because it's gonna be a wild ride!