Metaplanet surpasses Cleanspark with $108M Bitcoin buy

6 hours ago

Japanese Bitcoin treasury steadfast Metaplanet has surpassed mining institution Cleanspark successful becoming the fifth-largest firm holder of Bitcoin aft buying different 1,005 BTC for $108 million.

The steadfast present holds 13,350 BTC acquired for astir $1.31 cardinal astatine astir $97,832 per Bitcoin. At existent marketplace prices, the treasury is worthy $1.45 billion. 

Bitcoin mining institution CleanSpark holds 12,502 BTC, according to BiTBO. The steadfast has eclipsed Tesla, Hut 8, Coinbase and Block Inc. successful Bitcoin treasury size and present lone trails Strategy, Marathon Digital, Twenty One Capital and Riot Platforms.

Metaplanet CEO  Simon Gerovich said the aggregate terms per coin for its latest acquisition was $107,601, and the steadfast has achieved a BTC output of 349% year-to-date.

Source: Simon Gerovich

$208 cardinal successful bonds to bargain much Bitcoin

The latest acquisition besides comes aft announcing a enslaved refinancing strategy to money much purchases. 

Metaplanet’s strategical enslaved refinancing progressive issuing 30 cardinal yen ($208 million) successful 0% mean bonds from its EVO money to acquisition further Bitcoin.

Related: Bitcoin terms stuck arsenic OGs are ‘dumping connected Wall Street’: Analyst

With this issuance, the steadfast volition besides bargain backmost and cancel its 3rd bid mean bonds worthy 1.75 cardinal yen ($12 million), which carried an yearly involvement complaint of 0.36%, truthful it has efficaciously secured an interest-free indebtedness and currency interval for much BTC.

“Funds raised done the issuance of the caller bonds volition beryllium partially allocated to the buyback and cancellation, with the remainder utilized for the acquisition of Bitcoin,” the disclosure stated

Metaplanet banal jumps 9%

Earlier this month, Metaplanet revised its accumulation strategy with plans to clasp 100,000 BTC by 2026, expanding its people from 21,000 BTC.

The steadfast besides announced plans to rise $5.4 cardinal and get a whopping 210,000 Bitcoin by 2027. This would marque it the world’s second-largest firm holder of the plus if the existent standings remain. 

There was a beardown absorption for the company’s banal successful Japan connected Monday, with a 9% leap successful price. Shares successful the steadfast person skyrocketed much than 350% since the opening of 2025, according to Google Finance. 

Metaplanet shares leap successful Tokyo. Source: Google Finance

Saylor hints astatine more

Meanwhile, Strategy laminitis Michael Saylor has hinted astatine another Bitcoin acquisition with his regular play post of the portfolio tracker, which has preceded a Monday acquisition successful erstwhile weeks. 

“In 21 years, you’ll privation you’d bought more,” Saylor said, captioning the chart. 

“We bargain each day. And still, I cognize I’ll look backmost wishing we had moved adjacent faster,” Simon Gerovich replied. 

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