Metaplanet Acquires 330 More Bitcoin, Total Holdings Reach 4,855 BTC

TLDR

Metaplanet purchased 330 BTC worth approximately $28 million, bringing total holdings to 4,855 BTC (valued at around $420 million)
This marks Metaplanet’s third Bitcoin purchase this month, making it the tenth-largest public holder of BTC and largest in Asia
The company uses “BTC Yield” metric to track performance, showing 12.1% growth quarter-to-date
Metaplanet aims to own 10,000 Bitcoin by end of 2025 and 21,000 BTC by 2026
Bitcoin has performed better than US equities during recent market volatility, with Metaplanet’s stock rising 0.9% on the Tokyo exchange

Japanese investment firm Metaplanet announced the purchase of 330 Bitcoin (BTC) on Monday as Bitcoin’s price climbed above $87,300. The acquisition, valued at approximately $28 million, brings the company’s total holdings to 4,855 BTC worth over $420 million at current prices.

This latest purchase represents Metaplanet’s third Bitcoin acquisition this month. The company has continued its buying strategy despite broader market concerns about tariffs and general economic uncertainty.

According to company disclosures, Metaplanet acquired the Bitcoin at an average price of ¥12.18 million per coin (about $85,605). This brings their overall average purchase price to ¥12.8 million ($85,386) per Bitcoin.

Growing Bitcoin Treasury

Metaplanet has established itself as a major player in corporate Bitcoin ownership. The firm recently became the tenth-largest public holder of Bitcoin globally and currently stands as the largest corporate Bitcoin holder in Asia.

The company is implementing an aggressive Bitcoin accumulation strategy. Metaplanet aims to own 10,000 Bitcoin by the end of 2025 and plans to increase holdings to 21,000 Bitcoin by 2026, representing roughly 1% of the total supply.

To track performance, Metaplanet uses a custom metric called “BTC Yield.” This measures the growth of Bitcoin per fully diluted share. For the current quarter, the company reports a BTC Yield of 12.1%.

Previous quarters show even stronger results. BTC Yield reached 41.7% in Q3 2024, an impressive 309.8% in Q4 2024, and 95.6% in Q1 2025.

Financing the Bitcoin Strategy

Metaplanet’s Bitcoin-focused approach is backed by various capital market activities. These include issuing zero-coupon bonds and stock acquisition rights.

As of April 2025, the company has completed over 40% of its “210 Million Plan.” This fundraising initiative is linked to the issuance of 0% discount stock rights to EVO FUND.

The proceeds from these financial instruments have totaled over ¥35 billion (approximately $226 million) and have been used to purchase Bitcoin. Just recently, on April 16, Metaplanet raised another $10 million through zero-interest bond issuance.

These funds will also be directed toward additional Bitcoin purchases. The company states it is on track to earn ¥3.0 billion (about $27.5 million) from its Bitcoin program this year.

Market Performance

Bitcoin has performed relatively well compared to traditional financial markets during recent volatility. When President Trump announced reciprocal tariffs earlier in April, U.S. equities lost $5.4 trillion in value over two days.

This sent the Nasdaq tumbling down 11% at the time. In comparison, Bitcoin fell only about 6% during the same period.

Metaplanet’s stock has shown resilience as well. On the Tokyo Stock Exchange, the company’s shares are up nearly 0.9% since market open.

Other Japanese Companies Following Suit

Metaplanet is not the only Japanese firm increasing its Bitcoin holdings. Fashion brand ANAP Holdings recently purchased approximately 16.66 BTC, valued at around 200 million yen (approximately $1.4 million).

ANAP Holdings will manage these assets through its subsidiary, ANAP Lightning Capital. The company plans to conduct quarterly market value assessments of its Bitcoin holdings, with any gains or losses reflected in its financial statements.

This trend suggests growing interest in Bitcoin among Japanese corporations. As companies look for ways to diversify their treasury operations, cryptocurrency continues to gain traction as a viable option.

Metaplanet expects to reach its goal of earning ¥3.0 billion from its Bitcoin program this year. This will contribute to the company’s total revenue target of ¥3.4 billion for the entire fiscal year.

The company’s continued Bitcoin acquisitions come at a time when the cryptocurrency market is showing signs of recovery. After experiencing losses last week, Bitcoin has now moved above the $87,000 mark.