Metaplanet now has 13,350 BTC, which is worth approximately $1.45 Billion. Metaplanet is now ahead of Tesla Coinbase and Block Inc. It also bought back its existing debt. Simon Gerovich, CEO of the firm, also revealed a year-to date yield of 349% and ambitious targets for 100,000 BTC in 2026 and 210.000 BTC in 2027.
Bitcoin’s largest holder, Strategy, continues to accumulate BTC with 11 weeks in a row. Its total BTC holdings now exceed 592,000 BTC. In response to these actions, the Spanish coffee chain Vanadi Coffee has also adopted a Bitcoin-centric business model and currently holds 54 BTC. The company plans to be a major crypto investment player in Europe.
Metaplanet, a Japanese Bitcoin Treasury firm, has overtaken mining company CleanSpark as the 5th largest corporate Bitcoin owner. The purchase was made for $108m and included 1,005 BTC.
The company now has 13,350 BTC total, acquired on average at a price of $97,832 a coin. Metaplanet’s Bitcoin holdings are valued at $1.45bn, based on current market values. Metaplanet now has more Bitcoin than Tesla, Hut 8 Coinbase and Block Inc.
Metaplanet announced a plan for bond refinancing to expand their Bitcoin reserves. This allowed the firm to buy Bitcoin, as well as buyback and cancel 1,75 billion yen (12 million dollars) of third-series bonds with a 0.36 percent interest rate. Metaplanet was able to obtain an interest-free floating to increase BTC.
Simon Gerovich, CEO of Metaplanet stated that their latest purchase was at a price average of $107 601 dollars and they have achieved an annual yield of 349% on Bitcoin. Metaplanet revised their long-term plan earlier this month by increasing its target for 2026 to 100,000 BTC, and announcing an even more aggressive goal of 210,000 BTC acquisition by 2027. This will make Metaplanet the second largest corporate Bitcoin owner in the world if it is achieved.
Metaplanet stock prices soared by 9% Monday after the announcement. This brings its gains for this year to 360%. Google Finance says this.
Metaplanet stock price YTD (Google Finance )
Saylor Signals more BTC purchases
Michael Saylor, co-founder of Strategy, announced that the company had purchased Bitcoin for 11 consecutive weeks, starting on April 14. Saylor recently wrote to his followers in a post on X: “You’ll regret not buying more.”
Its latest acquisition was on 23 June, when the company bought 245 BTC at a cost of $26 million. This brings its total to 592 345 BTC. It is worth over $63.6billion. This also cemented Strategy’s position as the world’s largest corporate Bitcoin holder, according to BitcoinTreasuries, with a Bitcoin treasury that is more than twice the size of all the other 20 publicly traded companies.
Top public Bitcoin treasury companies ( BitcoinTreasuries.NET)
Some analysts believe that Strategy’s constant accumulation of BTC could cause a shock in the market and drive BTC prices up, while others express concerns over its long-term viability. Some critics point out that companies who emulate Strategy’s BTC debt and equity strategy may face severe problems if Bitcoin prices drop.
Breed Venture Capital, in a recent report, noted that only a few Bitcoin Treasury firms would survive a downturn. Reports suggest that the failures of firms in this space may lead to an acquisition wave and consolidation within the industry, as stronger players absorb distressed companies. Breed’s analyst explained that the risks for new players are even higher, since they must secure capital with more stringent terms and leverage than Strategy.
Strategy seems to be in a very strong position despite the risk due to their massive BTC reserve and proven resilience over previous bear markets. It has been said that the company’s dedication to steadily accumulating even in down cycles is a trait common to successful Bitcoin Treasury firms.
Market analyst Jeff Walton has recently predicted that Strategy will join the S&P 500 Index by 2025 Q2.
Vanadi Coffee Switches to Bitcoin Strategies
Vanadi Coffee is a Spanish café chain that has six outlets. It recently took a radical turn in its strategy, by accepting a EUR1-billion ($1.17-billion) Bitcoin investment plan. The decision comes after a difficult fiscal year in which the company reported a loss of EUR3.3million ($3.86million) for 2024. The company’s 2024 deficit was 15.8% higher than the year before. Vanadi, facing mounting losses, is looking to Bitcoin to help secure its future and will adopt it as the primary asset of its reserve.
The company announced in an official press release that it had begun integrating various financial instruments last April to support its Bitcoin focused direction. Vanadi Coffee signals a commitment over the long term to crypto investments and involvement with the ecosystem of digital assets by adopting Bitcoin. It also announced that the company plans to expand into Bitcoin management, as well as other crypto-related businesses. The company will transform its coffee-centric business model into one that incorporates decentralized financial systems.
Vanadi was inspired to make this decision by the major players who are in the Bitcoin Treasury space, such as Strategy and Japan Metaplanet. Both have amassed huge BTC reserves through their corporate strategies. Vanadi intends to be one of only a few BTC Treasury firms listed on the Spanish and EU stock markets. This could create an investment opportunity that is unique for European investors looking to gain exposure to cryptocurrency through traditional equity.
Vanadi announced in a separate press release that they had purchased an additional 20 BTCs on Sunday. This brings their total to 54 BTCs, which is worth approximately $5.8 Million. As its sole provider of custody and liquidity services, the company has partnered up with Bit2Me – a popular Spanish cryptocurrency company.
Vanadi Coffee share prices over the last month (Google Finance )
Investor sentiment appears to be favorable so far. Google Finance shows that shares of Vanadi Coffee, listed on Spain’s BME Growth Exchange, have tripled their value in the last month after its announcement about its Bitcoin accumulation plan.
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