Japanese company Metaplanet continues to actively increase its Bitcoin holdings by acquiring 463 BTC for around $53.7 million, making it one of the largest Bitcoin holders globally.
New Bitcoin Purchase
The purchase of 463 BTC for about $53.7 million was confirmed in a recent tweet by Metaplanet. The average price per Bitcoin was $115,595. With this acquisition, the total Bitcoin holdings of the company now stand at 17,595 BTC, with an average purchase price of $101,422.
Big Plans Ahead
To fund its Bitcoin acquisitions, Metaplanet raised ¥3.73 billion ($25.7 million) through a preferred share offering, promising a 6% annual dividend on those shares. The company has set ambitious Bitcoin acquisition targets: 30,000 BTC by the end of 2025, 100,000 BTC by 2026, and 210,000 BTC by 2027.
Market Impact and Stock Performance
This aggressive Bitcoin strategy has positively impacted Metaplanet's stock, which is up 179% in 2025 and an impressive 1,391% over the past year. In the first quarter of FY2025, the company reported record earnings of ¥877 million ($6.05 million) in revenue and ¥593 million ($4.09 million) in operating profit.
Metaplanet's Bitcoin acquisitions demonstrate the company's active ambition to secure a leading position in the cryptocurrency market while using Bitcoin as a hedge against the volatility of the Japanese yen.
