Japan’s Metaplanet Surpasses $1 Billion in Bitcoin Holdings

Metaplanet Inc. has made yet another bold BTC acquisition of 1,111 BTC for $118.2 million. The Japanese investment firm is publicly listed on the Tokyo Stock Exchange and has continued to increase its BTC holdings throughout the year. The company announced the latest purchase on Monday and revealed that the firm now holds a total of 11,111 BTC, valued at over $1.07 billion at current market prices.

After the new round of acquisition, the average price per BTC comes down to $106,408. Despite Bitcoin experiencing a slight dip of over 4% this week, it is currently trading above $101,000. Metaplanet’s continued buying spree reinforces its transformation into a major Bitcoin treasury player, earning it the nickname “Japan’s MicroStrategy.”

Metaplanet Purchases 1,111 BTC More

After the announcement of the latest BTC purchase, the stocks of Metaplanet fell by 3.5%. However, the company’s BTC performance metrics have remained strong. The firm reported a quarter-to-date BTC yield of 107.9%, up from 95.6% in Q1 and 309.8% in Q4 2024. This yield, measured in Bitcoin per fully diluted share, shows a gain of 4,367 BTC valued at approximately $451.2 million in the current quarter alone.

Metaplanet changed its focus to digital assets in December 2024, rebranding itself as a Bitcoin-focused treasury. Since then, it has aggressively raised over $300 million through multiple zero-coupon bonds and stock acquisition rights, primarily backed by EVO FUND under the company’s “210 Million Plan.”

According to company disclosures, Metaplanet’s fully diluted share count stands at 759 million, equating to 0.0146 BTC per 1,000 shares.

For the future, Metaplanet has set the target of purchasing a total of 210,000 BTC by the end of 2027, which is approximately 1% of Bitcoin’s total supply. Executives at the company say that the firm will continue to apply the same strategic financial instruments to fund future BTC purchases in order to reinforce its long-term commitment to digital assets. Metaplanet believes that by focusing on Bitcoin, it can create long-term value for shareholders and ultimately solidify its position as Asia's leader in digital asset acquisition. The company's aggressive Bitcoin strategy, which has already invested over $1 billion and has more money planned, represents a crucial chapter in the institutional acceptance of cryptocurrencies in Japan and worldwide.

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