Metaplanet, a publicly traded company based in Japan, continues its Bitcoin accumulation strategy without slowing down. According to a statement by the company’s CEO, Simon Gerovich, Metaplanet purchased a total of 5,075 $BTC in the first quarter of the year.
According to information shared by Gerovich on X (formerly Twitter), the average cost of these purchases was 12.55 million yen (approximately $82,800) per Bitcoin. The company also announced a 2.8% return on its Bitcoin investments since the beginning of the year.
With these latest purchases, Metaplanet’s total Bitcoin holdings have risen to 41,777 $BTC. This amount has a current market value of approximately 623.37 billion yen, or about $4.13 billion. The average cost per $BTC acquired by the company is reported to be 15.52 million yen (approximately $102,750).
Metaplanet’s aggressive Bitcoin accumulation strategy indicates continued interest in digital assets among institutional investors. Despite recent increased volatility, the company maintains its confidence in Bitcoin as a long-term store of value.
Experts say that such large-scale purchases can create psychological effects on the market and that institutional demand continues to be a decisive factor in price dynamics. Metaplanet is expected to continue its strategy with similar purchases in the coming period.
*This is not investment advice.
