As part of its ongoing Bitcoin Treasury Operations, Metaplanet has once again established its commitment to expand its BTC holdings. The Japanese investment company disclosed that it spent approximately $118.2 million to acquire more bitcoin.
This notable purchase follows Bitcoin’s brief price decline below $100k during the weekend. The largest cryptocurrency has since recovered, trading at over 101k at the time of writing.
Metaplanet Acquires 1,111 BTC
In an official announcement on Monday, Metaplanet confirmed that it topped its Bitcoin holdings with additional 1,111 BTC. The latest purchase was confirmed in a formal filing, stating an average acquisition cost of $106,408 per BTC.
*Metaplanet Acquires Additional 1,111 $BTC, Total Holdings Reach 11,111 BTC* pic.twitter.com/7ceEeSh1X4
— Metaplanet Inc. (@Metaplanet_JP) June 23, 2025
The investment company’s recent purchase has significantly boosted its Bitcoin stash, making it 11,111 BTC strong. This move aligns with Metaplanet’s strategy of accumulating large amounts of Bitcoin. The company had earlier unveiled plans to hold 1% of Bitcoin’s total supply (210,000 BTC) by the end of 2027.
Metaplanet’s CEO, Simon Gerovich, further mentioned that the company’s total Bitcoin holdings were acquired for approximately $1.07 billion. This figure averages at approximately $95,869 per coin as of June 23, 2025.
Notably, the company’s stock dropped by 6% earlier today due to market volatility, erasing some of its gains. However, this new acquisition has achieved positive results. Following the purchase, Metaplanet reports a year-to-date (YTD) BTC yield of 306.7% YTD 2025.
Real Estate and Bitcoin
In related development, Cardone Capital, a real estate business, recently acquired 1000 BTC valued at approximately $102 million at current market value. Furthermore, the company has adopted a full Bitcoin strategy, making it the first real estate company to integrate BTC.
Equity fund manager Grant Cardone confirmed this significant move in an X post. Moreover, he stated that the firm plans to buy an additional 3000 BTC before 2025 runs out.
This ambitious goal mirrors the recent trend by various institutional companies. Recently, CoinTab reported that Semlar Scientific plans to hold 10,000 BTC by the end of 2025.
The progressive acquisition led by Strategy and other corporate Bitcoin holders underscores the growing appetite for BTC adoption.