Metaplanet, a Japan-based investment firm focused on Bitcoin accumulation, has expanded its holdings with the purchase of 156 more BTC, valued at approximately $13.4 million.
The acquisition, made at an average price of $85,890 per Bitcoin, brings the company’s total Bitcoin reserves to 2,391 BTC, according to a statement released on March 3 .
Led by CEO Simon Gerovich, Metaplanet has now invested $196.3 million in Bitcoin at an average cost of $82,100 per BTC, marking a 13% increase in value since it began its Bitcoin investment strategy in April 2023.
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Metaplanet Explores A Global Listing
Alongside its growing Bitcoin reserves, Metaplanet is also considering expanding its market reach. Gerovich recently met with officials at the New York Stock Exchange (NYSE) and Nasdaq to discuss the company’s future, including a potential listing outside of Japan.
“We are considering the best way to make Metaplanet shares more accessible to investors around the world,” Gerovich stated in a March 3 post on X. However, he emphasized that a U.S. listing is not guaranteed, and the company is still evaluating its options.
Metaplanet has acquired 156 BTC for ~$13.4 million at ~$85,890 per bitcoin and has achieved BTC Yield of 31.8% YTD 2025. As of 3/3/2025, we hold 2391 $BTC acquired for ~$196.3 million at ~82,100 per bitcoin. pic.twitter.com/iOZyPhRhnc
— Simon Gerovich (@gerovich) March 3, 2025
Metaplanet’s stock (MTPLF) has already been available on U.S.-based OTC Markets since November, making it more accessible to international investors.
Since its listing, the stock has surged 530%, from $3 to $18.90. On the Tokyo Stock Exchange, Metaplanet has been one of the best-performing stocks over the past year, soaring 1,800%, according to Google Finance data.
As the 14th largest corporate Bitcoin holder globally, Metaplanet aims to accumulate 21,000 BTC by 2026, positioning itself at the forefront of Japan’s Bitcoin adoption.
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Arizona Senate Advances Bitcoin Reserve Bill
Last week, Arizona’s Senate took a significant step toward adopting Bitcoin as part of its financial strategy, passing the Strategic Digital Assets Reserve bill (SB 1373) on February 27.
The legislation, sponsored by Republican Senator Mark Finchem, proposes the creation of a Digital Assets Strategic Reserve Fund, which would be managed by the state treasurer.
Arizona is among 18 U.S. states currently considering Bitcoin reserve bills, but only Arizona and Utah are in the final stages of legislative approval. Meanwhile, similar proposals have been rejected in Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania.
The growing interest in state-backed Bitcoin reserves has been fueled by President Donald Trump’s pro-crypto stance, which has encouraged lawmakers to explore digital asset strategies.
Notably, Bitcoin has also gained traction among university endowments. For one, the University of Austin is launching a $5 million Bitcoin fund as part of its $200 million endowment.
Notably, the precedent is set by Emory University. In a regulatory filing last October, it was disclosed that over $15 million in Bitcoin was invested through Grayscale’s spot Bitcoin exchange-traded fund (ETF).
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Key Takeaways
- Metaplanet expanded its Bitcoin holdings, purchasing 156 more BTC for $13.4 million, bringing its total to 2,391 BTC.
- The company is exploring a potential listing outside Japan, with discussions at the NYSE and Nasdaq, though no decision has been made.
- Metaplanet’s stock has surged, rising 530% on OTC Markets and 1,800% on the Tokyo Stock Exchange over the past year.
