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Japan’s Metaplanet Buys 797 Bitcoin as BTC Breaks Past $120K

Metaplanet's strategy mirrors the blueprint used by Strategy (MSTR): accumulate bitcoin via equity and debt issuance, then use the asset base to secure financing for broader expansion.

Updated Jul 14, 2025, 12:56 p.m. Published Jul 14, 2025, 4:17 a.m.
Japan (CoinDesk Archives)
Japan (CoinDesk Archives)

What to know:

  • The latest buy brings the firm's total holdings to 16,352 BTC, worth nearly $2 billion.
  • The hotelier's CEO recently said that the firm aims to use its gigantic bitcoin holdings for acquisitions.

Metaplanet, the largest corporate bitcoin holder outside North America, has purchased an additional 797 BTC, worth around $96 million, bringing its total bitcoin holdings to 16,352.

Simon Gerovich, CEO of the Tokyo-listed hotelier, recently told the FT that the firm aims to leverage these holdings as collateral to finance acquisitions of cash‑generating businesses, particularly in digital financial services.

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Metaplanet's strategy mirrors the blueprint used by Michael Saylor’s Strategy (MSTR): accumulate bitcoin via equity and debt issuance, then use the asset base to secure financing for broader expansion.

Metaplanet has already tapped zero‑interest bonds, stock acquisition rights, and U.S. capital markets—including a planned $5 billion injection into its Florida subsidiary—to fund BTC buying and strengthen its treasury infrastructure.

Read more: Metaplanet Wants to Use Bitcoin Holdings for Acquisitions: FT

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

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Crypto traders can now take leveraged bets on silver via Binance Futures

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Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.

What to know:

  • Binance Futures will launch silver perpetual contracts on Wednesday, offering up to 50x leverage on silver priced in U.S. dollars per troy ounce.
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