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Metaplanet reaches 5,555 Bitcoin milestone with latest 555 BTC buy

cryptoweekly by cryptoweekly
May 7, 2025
in bitcoin, News
0

Metaplanet has reached the 5,555 BTC milestone with the latest $53 million purchase, the total valued at over $536 million at current prices.

Japan’s Metaplanet purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC, valued at over $536 million at current prices.

On May 7, the Tokyo-listed firm disclosed that it spent $53.4 million acquiring 555 Bitcoin (BTC) at an average price of $96,134. The company now holds 5,555 BTC, purchased for $481.5 million at an average price of $86,672 per Bitcoin, according to CEO Simon Gerovich.

The company also announced the issuance of another $25 million in zero-coupon ordinary bonds to fund its ongoing BTC buys. Since early 2024, the firm has raised over 35 billion yen ($244 million) through zero-coupon bonds and stock acquisition rights via its partner, Evo Fund.

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  • ECB to pilot blockchain-based euro settlement system by 2026
  • Bybit, OKX expand crypto services in Europe under MiCA
  • Bitcoin profit-taking makes $140K key BTC price point: Research
  • Standard Chartered expects Bitcoin to hit new highs of $135K in Q3
  • Judge lets Celsius $4B Bitcoin lawsuit against Tether move forward
  • Binance CEO on how Bhutan’s happiness philosophy aligns with crypto
  • Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode

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