Japan’s Metaplanet Scoops Up 160 More BTC, Now Holds Over 4,200 Bitcoin

The latest procurement involved an investment of approximately 1.998 billion yen (around $13.39 million), with each Bitcoin acquired at an average price of 12.49 million yen (approximately $80,063). This move aligns with Metaplanet's ongoing initiative to bolster its digital asset portfolio and reflects the company’s continued confidence in Bitcoin’s long-term value.

To fund its aggressive Bitcoin accumulation strategy, Metaplanet has employed several innovative financial tactics. In the first quarter of 2025, the company purchased 696 BTC through the sale of cash-secured Bitcoin put options. This included 50 BTC obtained through premiums and another 645.74 BTC acquired when options were exercised. The total investment from these strategies amounted to 10.152 billion yen (approximately $91.7 million), a clear indication of Metaplanet’s willingness to leverage complex instruments to increase its crypto holdings.

Additionally, the firm recently issued its 10th Series of Ordinary Bonds on March 31, raising 2 billion yen (around $13.22 million). These funds are exclusively allocated for further Bitcoin acquisitions, reinforcing the company’s long-term commitment to expanding its digital asset reserves.

Metaplanet’s Bitcoin-focused strategy is already paying off in measurable ways. One of its key performance indicators, known as BTC yield—which gauges the percentage change in total Bitcoin holdings relative to fully diluted shares—rose to 309% in Q4 2024 and maintained a strong 95% in Q1 2025. These metrics not only validate the firm’s aggressive approach but also provide a compelling narrative for investors seeking exposure to digital assets via equity markets.

Reflecting this growing investor confidence, Metaplanet’s stock has experienced a meteoric rise of more than 3,000% since shifting its focus to Bitcoin. This surge has transformed the once-niche firm into a central player in Japan’s emerging crypto investment sector, and potentially, a model for other firms exploring similar strategies.

Metaplanet has set its sights on even more ambitious targets. The company aims to surpass 10,000 BTC in total holdings by the end of 2025. Achieving this milestone would position Metaplanet as Asia’s largest corporate holder of Bitcoin. Longer-term, the firm has announced plans to grow its stash to 21,000 BTC by 2026—an amount symbolically aligned with Bitcoin’s 21 million coin cap—cementing its place among the world’s most prominent institutional holders of the asset.

Metaplanet’s aggressive accumulation mirrors a growing trend among publicly traded companies to embrace Bitcoin as a treasury asset. In the United States, GameStop recently raised $1.5 billion, a portion of which analysts speculate may be earmarked for Bitcoin investments. Similarly, MARA Holdings is planning a $2 billion stock offering that could also be used to accumulate more Bitcoin. These developments suggest a broader institutional pivot toward Bitcoin as a hedge against inflation and a tool for capital appreciation.

Metaplanet Inc.'s proactive and strategic approach to Bitcoin investment highlights its commitment to embracing digital assets as a core component of its financial philosophy. By leveraging innovative funding mechanisms and delivering strong performance metrics, the company not only boosts its market position but also helps further the integration of cryptocurrency into mainstream finance.