TLDR
- Metaplanet purchased 103 Bitcoin for $11.7 million at average price of $113,491 per coin
- Total Bitcoin holdings now reach 18,991 BTC worth approximately $1.95 billion
- Company upgraded from small-cap to mid-cap status in FTSE Japan Index
- Automatic inclusion in FTSE All-World Index brings passive investment flows
- Stock gained 147.9% year-to-date despite recent 26.9% monthly decline
Japanese Bitcoin treasury company Metaplanet announced Monday it acquired 103 Bitcoin for $11.7 million. The purchase brings the firm’s total cryptocurrency holdings to 18,991 Bitcoin.
Company President Simon Gerovich disclosed the acquisition price averaged $113,491 per Bitcoin. The firm has invested $1.95 billion in Bitcoin at an average cost of $102,712 per coin since launching its digital asset strategy in April 2024.
Metaplanet ranks seventh globally among public companies holding Bitcoin reserves according to BitcoinTreasuries data. The Japanese firm holds more Bitcoin than major corporations including Coinbase, Tesla, and mining company Hut 8.
Originally operating hotels, Metaplanet transformed into a Bitcoin treasury company in 2024. The strategic shift has driven substantial stock performance throughout the year.
FTSE Index Upgrade Brings Investment Flows
FTSE Russell upgraded Metaplanet from small-cap to mid-cap classification in its September 2025 review. The upgrade secured inclusion in the prestigious FTSE Japan Index tracking mid-cap and large-cap Japanese companies.
The index provider rebalances portfolios quarterly based on company performance and market capitalization. Metaplanet’s strong second-quarter results qualified it for the higher tier classification.
Inclusion in FTSE Japan Index automatically triggers addition to the FTSE All-World Index. This global benchmark includes the largest publicly-traded companies by market cap across geographic regions.
The dual index inclusions will channel passive investment capital toward Bitcoin exposure through Metaplanet shares. Traditional stock investors gain indirect cryptocurrency exposure without direct Bitcoin purchases.
Metaplanet’s stock price rose 3.5% Monday following the announcements. The company has posted 147.9% year-to-date gains despite falling 26.9% over the past month.
Bitcoin Accumulation Strategy Continues
The company outperformed Japan’s TOPIX Core 30 benchmark in its second-quarter financial report. Metaplanet achieved 187% year-to-date returns compared to the TOPIX 30’s 7.2% appreciation.
CEO Simon Gerovich previously indicated plans to use Bitcoin holdings for acquiring income-generating businesses. Potential targets include digital banks or companies adjacent to digital assets and financial services.
Company executives established a target to accumulate 210,000 Bitcoin by 2027. This goal represents one percent of Bitcoin’s total 21 million coin supply cap.
Bitcoin traded at $113,148 according to recent market data, down 1.5% over 24 hours. Metaplanet’s latest purchase occurred near current Bitcoin price levels.
