MicroStrategy Of Japan Metaplanet Buys Another 1088 Bitcoin, Stock Price Surges

Metaplanet Inc. is making waves in the crypto space with its latest bold move, adding 1,088 Bitcoin to its already substantial reserves. With this latest purchase, the Japanese firm now holds a total of 8,888 BTC, valued at around $933 million. Metaplanet Expands Bitcoin Holdings with This Latest Purchase In an X post dated June 2, 2025, Metaplanet, a Japanese investment firm, announced its strategic Bitcoin purchase that propelled its holdings to a significant amount. The X post read, “Metaplanet Acquires Additional 1,088 BTC, Total Holdings Reach 8,888 BTC.” As revealed by CEO Simon Gerovich, the company acquired 1,088 BTC at an average price of $107,771 per coin, resulting in a 225.4% year-to-date return on investment. The total outlay for this purchase was $117.3 million, while the company’s overall 8,888 BTC holdings were acquired for approximately $829.7 million at an average cost of $93,354 per Bitcoin. In response to this... Read More at Coingape.com

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