Metaplanet, often referred to as 'Japan’s MicroStrategy,' is aggressively expanding its Bitcoin holdings, solidifying its status as the largest corporate Bitcoin holder in Asia.
Metaplanet’s Expanding Bitcoin Holdings
The recent purchase of 150 BTC for $12.6 million has increased Metaplanet's total Bitcoin reserves to 3,350 BTC. This is part of the company's long-term strategy to hold 10,000 BTC by 2025 and 21,000 BTC by 2026. Having invested $292.8 million in Bitcoin, Metaplanet is the 10th largest public Bitcoin holder globally.
Strategic Expansion and Leadership Moves
Metaplanet has also attracted Eric Trump, who joined its strategic board. This move, potentially aligning the company with Bitcoin-friendly policies, indicates Metaplanet's intent to strengthen their positioning amid potential regulatory changes in the U.S.
Bitcoin Yield Metrics
Metaplanet utilizes the BTC Yield metric to assess its Bitcoin accumulation strategy. For Q3 2024, the BTC Yield was 41.7%, and in Q4 2024, it surged to 309.8%. Since the beginning of 2024, Metaplanet’s share price has risen by 38.7%.
Metaplanet continues to solidify its presence in the digital asset market, showing steady growth and a commitment to expanding its market share in the future.