Metaplanet Buys 1,111 BTC, Pushes Total Stash to 11,111
The firm's latest batch of buys was made at an average buying price of over $105,000 per bitcoin.
Updated Jun 23, 2025, 5:29 a.m. Published Jun 23, 2025, 5:03 a.m.
Metaplanet, the Tokyo-listed hotel firm known for its bitcoin
acquisition strategy, has acquired 1,111 bitcoin for $117 million.
The firm bought bitcoin at an average price of about $105681 per BTC. The crypto markets fell during the weekend after the U.S. bombed several nuclear sites in Iran, pushing bitcoin to lows of $98,000.
Bitcoin has recovered from the weekend fall and is now trading over $101,000 at the time of writing.
The latest acquisition pushes Metaplanet's total BTC stash to 11,111 bitcoin, worth over $1.1 billion, with an average buying price of $95,7000.
Parikshit Mishra
Parikshit Mishra is CoinDesk's Head of Asia, managing the editorial team in the region. Before joining CoinDesk, he was the EMEA Editor at Acuris (Mergermarket), where he dealt with copies related to private equity and the startup ecosystem. He has also worked as an Senior Analyst for CRISIL, covering the European markets and global economies. His most notable tenure was with Reuters, where he worked as a correspondent and an editor for various teams. He does not have any crypto holdings.
