The Japanese investment company Metaplaneett bought the new million worth 44 million Bitcoin (BTC), which temporarily increased by 20 %.
In a post on March 5, Simon Gerovich, CEO of Meta Planett, revealed that the company had purchased 497 BTC at about 888,448 per BTC, with a total of 43.9 million. The return has also reached 45 % since the beginning of the year.
According to the revelations from March 5, the company’s bitcoin holdings were identified as 2,888 BTC, which has an average price of $ 84,240 per BTC. , Based on the current bit coin price of 87,150, the total amount of assets is approximately $ 251 million.
In the past 14 days, Bitcoin has declined by about 8.5 percent, which has dropped below 000 79,000 on February 28, for the first time in three months due to a trade war concerns by US President Trump.
Meanwhile, on March 5, 3:30 pm, the Meta Planet stock prices increased by 20.93 % at the Tokyo Stock Exchange.
Meta Planet’s strategy
Last week, the company’s stock prices were temporarily declined due to the rapid decline in bitcoin, but it has taken advantage of more than 1700 % in the last 12 months.
This purchase will be my second purchase of BitCoin this week. The Meta Planet also bought 156 BTC on March 3, and Jerovich said he was looking for the possibility of listing outside Japan, including the United States.
The company acquired 794.5 BTC in the first quarter of just 2025 (Q1), which reported a profit of about $ 66 million. The company aims to hold 21,000 BTC by 2026, and is a strategy to lead Bitcoin spread in Japan.
With this extra purchase, Metaplanett became the 12th largest company in the world, with Bitcoin Holdings and the largest company in Asia. According to Bitbo Data, the company’s holdings added much more than the Hong Kong Gaming Company Boya Interactive International.
Source: Simon Girich
Jerovich also met with officials of the New York Stock Exchange (NYSE) and Nice Deck in late February to introduce the “platforms and features” of Meta Planet. In an X post on March 3, he said, “We are considering the best ways to make Metaplane stock more accessible to investors around the world.”
