Japanese investment firm Metaplanet has further strengthened its Bitcoin Treasury Operations, acquiring 150 BTC in its latest purchase. The firm made the acquisition at an average price of ¥12.5 million ($83,611) per BTC, bringing its total Bitcoin holdings to 3,200 BTC, currently valued at over $266 million at market prices.
This latest purchase follows Metaplanet’s issuance of ¥2 billion ($13 million) in ordinary bonds to EVO FUND, a move aimed at securing additional capital for further Bitcoin investments.
Metaplanet’s Growing Bitcoin Strategy
Since launching its Bitcoin Treasury Operations in April 2024, Metaplanet has been steadily increasing its BTC holdings, often drawing comparisons to MicroStrategy, the U.S.-based firm known for its aggressive Bitcoin accumulation. Dubbed the “Asian MicroStrategy”, Metaplanet has seen its stock price surge over 3,000% since it began acquiring BTC.
At press time, Bitcoin is trading at $83,323, reflecting a 0.24% dip in the last 24 hours. Over the past week, BTC has gained 3.5%, but its monthly performance remains in decline, down 14%, according to crypto.news.
Metaplanet’s BTC yield per share—a key metric measuring Bitcoin holdings relative to the company’s stock—has grown by 309.8% in Q4 2024. In Q1 2025, from Jan. 1 to March 18, the metric rose from 53.2% to 60.8%, marking consistent growth in its Bitcoin accumulation strategy.
Stock Market Reaction and Future Outlook
Despite its growing BTC reserves, Metaplanet’s stock fell by 0.5% today, trading at ¥4,030, according to Google Finance. However, the company remains committed to its Bitcoin-focused strategy, with plans to continue leveraging bond issuances to fuel further BTC acquisitions.
With institutional Bitcoin adoption on the rise and Metaplanet solidifying its position as a key BTC holder in Asia, the firm’s long-term strategy could play a pivotal role in shaping corporate Bitcoin adoption in Japan and beyond.
