As revealed in a recent X post, Tokyo-listed hotel and investment firm Metaplanet has bolstered its bitcoin (BTC) reserve with a fresh acquisition of 1,111 BTC, spending approximately $117.2 million. The recent investment increases its total Bitcoin holdings to 11,111 BTC, surpassing Coinbase’s 9,267 BTC.
Notably, this marks the company’s second-largest purchase in history following last week’s 1,112 BTC purchase.
11,111 BTC Attained
The firm completed its purchase during the last business week, thus spending $105,261 on each unit of the leading crypto. As a result, after purchasing bitcoins occasionally from the open market for over a year, it has attained an all-time purchase price of $95,381 per bitcoin.
Metaplanet’s Bitcoin Yield, which measures quarterly growth in BTC per fully diluted share, has reached 107.9% year‑to‑date as of June 23, with a quarterly BTC Gain of 4,367 coins representing a $449.5 million gain.
Remarkably, the firm has recently introduced the “555 Million Plan,” a fundraising project aimed at obtaining $5.4 billion from investors for subsequent BTC purchases. To achieve its target, Metaplanet plans to combine traditional debt, convertible bonds, and preferred shares offerings. It aims to fill its stash up to 100,000 BTC by the end of 2026 and 210,000 BTC by Q4 2027.
CardoneCapital Adds 1,000 BTC to Reserve
American-based real estate investment firm CardoneCapital has become the latest addition to the list of institutional BTC adopters. As its CEO, Grant Cardone revealed on Monday, it has purchased approximately 1,000 BTC. Moreover, it sits as the first real estate firm to adopt a strategic bitcoin reserve.
CardoneCapital adds ~1000 BTC to balance sheet becoming first ever real estate/btc company integrated with full BTC strategy, combining the two best in class assets
14,200 units plus half million square feet of A* office the group expects to add another 3000 BTC and 5000 units… pic.twitter.com/XvOCO9NkoE
— Grant Cardone (@GrantCardone) June 21, 2025
The new business week has welcomed two big BTC purchase announcements, with more on the way. An American publicly traded firm, Strategy, which gained popularity as the world’s first and largest corporate BTC holder, has signaled an upcoming BTC purchase via an X post from its chairman and founder, Michael Saylor.
Meanwhile, BTC dropped below the $100,000 mark on Sunday, reaching $98,200 as investors pulled out profits.
