Meet the Billionaire Who Thinks Bitcoin is a Cool Pet: Metaplanet’s Crazy Crypto Adventure

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In a move that makes you wonder if they’re trying to buy their way into the moon, Japanese investment firm Metaplanet just dropped nearly a billion dollars on Bitcoin. Nobody saw it coming—except maybe everyone watching the crypto rollercoaster from their basement. They bought 1,004 BTC for about 15.2 billion yen (that’s roughly $104.6 million, or enough to buy a small island and still have change left for a yacht). And just as Bitcoin was flirting with its all-time high of $109,000, Metaplanet decided, “Hey, I’ll take some of that, please.”

Bitcoin logo with a smug grin.

The latest purchase bumped their total Bitcoin stash to a whopping 7,800 BTC—roughly valued at over $807 million. It’s like they’re playing Monopoly, but with real money and a suspicious amount of confidence. Their goal? Climb the corporate Bitcoin ladder faster than a meme stock during a meme frenzy. They’re now Asia’s biggest Bitcoin holder among public companies and aiming to inch past Galaxy Digital, which has a modest 8,100 BTC. Oh, just a tiny 301 BTC more, and they get to go from “hanging out in tenth place” to “almost catching the leader.”

Metaplanet’s Bold Strategy (or Why Not?)

The firm’s pace has become more frantic than a cat chasing a laser pointer, especially in 2025. In May alone, they scooped up 2,800 BTC—more than El Salvador’s entire Bitcoin treasury. Their most recent big splash was on May 12, when they snagged 1,241 BTC for $129 million, proving once again that they’re serious about stacking sats like it’s going out of style. And apparently, their Bitcoin portfolio is performing so well that they reported a 95.6% yield in Q1 and nearly 50% in Q2. Basically, they’re growing faster than a chia pet on steroids.

A rocket launching towards the moon with a Bitcoin on top.

The Global Bitcoin Party

Metaplanet isn’t the only one throwing a blockchain bash. Over in Bahrain, AlAbraaj Restaurants Group decided to dip their toes into the cryptoverse. They invested just 5 BTC to start—so modest, it’s like choosing a side salad at a five-star restaurant. Partnered with 10X Capital, they’re dreaming big, aiming to make Bitcoin their main bankroll and maybe even become the “MicroStrategy of the Middle East”—which sounds like a plan that might involve more hummus than hype.

“Big shoutout to the legend Michael @saylor—your laser-eyed conviction lit the path. Al Abraaj just became the first public company in the Middle East to adopt a Bitcoin treasury strategy. We’re stacking sats for real.” — @AbraajRestGroup (@BitcoinMagic)

They see Bitcoin as the financial future, probably envisioning a world where you can buy falafel with satoshis. With $12.5 million EBITDA in 2024, they’re well-capitalized, ready to lead the Middle East into the crypto age, or at least pretend they are while eating baklava.

Bitcoin’s Weekly High-Five

And in what we can only call “the most exciting thing since sliced bread,” Bitcoin just closed a weekly candle just under $106,500—basically its highest ever (cue dramatic music). It’s been on a six-week winning streak, like that one persistent friend who refuses to quit and keeps bringing you expensive gifts. Experts are whispering about a new all-time high that’s just 6% away, which is about as close as your Wi-Fi gets to working perfectly.

“Bitcoin just had its highest daily candle close… ever.” — The Wolf Of All Streets (@scottmelker)

Analyst Rekt Capital added that closing above $105,000 could ignite another bull run, leaving everyone’s portfolios sweating with excitement or indigestion.

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2025-05-19 17:19