Bitcoin Price Drops Below $112,000 As Metaplanet Announces To Buy $11.7M Worth Of Bitcoin
Bitcoin’s price has dipped below $112,000 amidst news of Japan’s Metaplanet acquiring an additional 103 BTC, worth around $11.7 million. This purchase brings Metaplanet’s total BTC holdings to 18,991, valued at approximately $2.2 billion. The company’s aggressive Bitcoin acquisition strategy aims to reach 210,000 BTC.
The announcement of Metaplanet’s latest purchase coincided with FTSE Russell confirming the company’s inclusion in the FTSE Japan Index. This upgrade from small-cap to mid-cap status in the September 2025 semi-annual review is a significant milestone for corporate Bitcoin treasury strategies. The index inclusion is set to take effect after the market closes on September 19.
Metaplanet CEO Simon Gerovich expressed his excitement about the company’s progress, calling it an important milestone in their journey as Japan’s leading Bitcoin treasury company. The funding for the latest BTC purchase was partially facilitated through the exercise of 49,000 stock acquisition rights, which added 4.9 million shares to the company’s total outstanding shares, now totaling 722 million.
Metaplanet’s inclusion in the FTSE Japan Index not only signifies a regulated route for BTC exposure but also opens the door for other Bitcoin-forward companies to join major benchmarks. This move could potentially attract institutional capital into Metaplanet through passive flows into the FTSE indices, offering indirect Bitcoin exposure.
The transformation of Metaplanet from a traditional hotel group to Asia’s most active Bitcoin treasury firm reflects a broader trend of corporate Bitcoin adoption. In recent weeks, several public companies have announced significant Bitcoin treasury initiatives, further solidifying the trend.
The integration of Bitcoin-heavy companies into traditional equity indices may pose challenges for institutional investors. While passive inflows from index inclusion could enhance liquidity and long-term stability, large fluctuations in Bitcoin prices could introduce unexpected volatility for passive investors.
Eric Trump’s involvement as a strategic adviser at Metaplanet underscores the growing intersection between traditional finance and Bitcoin treasury strategies. His expected attendance at the company’s upcoming shareholder meeting in Tokyo in September highlights the importance of this transition.
The trend of corporate Bitcoin adoption shows no signs of slowing down, with analysts predicting more companies to announce Bitcoin treasury initiatives in the coming months. This increasing institutional acceptance, combined with innovative financing structures, suggests that corporate Bitcoin holdings could play a more significant role in both equity and Bitcoin markets moving forward.
