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,…