Metaplanet Goes Shopping, Buys 135 BTC Ahead of Price Dip

Publicly traded Japanese company Metaplanet has topped its Bitcoin holdings in the latest acquisition less than a week after spending $6.6 million on the apex crypto asset. As of February 25th, the investment firm held 2,235 BTC after spending approximately $13 million to purchase 135 BTC, with each BTC selling for roughly $96,185.

Metaplanet CEO Simon Gerovich tweeted that the investment firm has attained a BTC yield of 23.2% from the start of this year to date. He added that the company’s total bitcoin stash of 2,235 BTC was accumulated for about $182.9 million, and each BTC sold for an average of $81,834.

Metaplanet has acquired 135 BTC for ~$13 million at ~$96,185 per bitcoin and has achieved BTC Yield of 23.2% YTD 2025. As of 2/25/2025, we hold 2235 $BTC acquired for ~$182.9 million at ~81,834 per bitcoin. pic.twitter.com/IxCCvR0zWC

— Simon Gerovich (@gerovich) February 25, 2025

More Bitcoin Acquisitions

Since April 2024, Metaplanet has committed to adopting Bitcoin as a primary reserve asset to protect itself against the failing Japanese yen. Today, the publicly traded firm ranks as the leading Japanese firm holding BTC. According to BitcoinTreasures’ data, Metaplanet is the 14th largest public company holding bitcoin.

Earlier this month, the firm declared its ambitious plan to accumulate 21,000 BTC valued at $2 billion by 2026. Metaplanet intends to raise the cash for the acquisition by selling 21 million shares to eligible investors.

Interestingly, Metaplanet is not the only entity that has acquired BTC this week. Yesterday, Strategy (formerly MicroStrategy) bought 20,356 BTC for about $1.99 billion. This brought its total Bitcoin stash to 499,096 BTC.

El Salvador, the popular Bitcoin country, bought 7 BTC instead of its regular 1 BTC purchase per day. According to the El Salvador National Bitcoin Office, the Central American nation currently holds 6,088 BTC worth $541.8 million.

BTC Tanks Below $89K

Over the past 24 hours, BTC’s price has severely tumbled, shedding over 7.8% at the time of writing, bringing its trading price to $88,000.

Source: CoinStats

Although no single factor has dragged BTC’s price decline, several catalysts likely contributed. These include Donald Trump’s renewed tariff threats affecting Canada and Mexico, continuous outflows from crypto-focused exchange-traded funds (ETFs), and a broader crypto market liquidation.