Bitcoin Holdings at Metaplanet Hit $1.85B After $61M Purchase

Metaplanet has boosted its Bitcoin reserves to 18,113 BTC with a $61.4 million purchase, reinforcing its aggressive treasury strategy and positioning itself among the world’s largest corporate holders.

Metaplanet Adds 518 BTC in Latest Acquisition

Japanese firm Metaplanet Inc. has deepened its commitment to Bitcoin with the latest purchase of 518 BTC valued at approximately $61.4 million. The acquisition was made at an average price of $118,519 per coin, lifting the Japanese firm’s total reserves to 18,113 BTC. At current market rates, the company’s Bitcoin holdings are worth roughly $1.85 billion, with an average acquisition cost of $101,911 per coin.

Aggressive Treasury Expansion

The latest purchase is part of Metaplanet’s Bitcoin Treasury Operations, launched in late 2024, aimed at systematically building digital asset reserves. The company, originally a hotel operator, has since evolved into one of the largest corporate Bitcoin holders in the world, currently ranking sixth behind U.S.-based miner Riot Platforms. Over the past year, Metaplanet has accelerated its buying pace, supported by both operational income and capital market activities.

Capital Raising for Further Purchases

Earlier this month, Metaplanet announced plans to raise ¥580 billion ($3.7 billion) through a large-scale stock offering to fund additional Bitcoin acquisitions. The approach mirrors the strategy pioneered by Michael Saylor’s company Strategy, which leveraged equity issuances to amass over 628,000 BTC. Like Strategy, Metaplanet has seen its share performance closely track Bitcoin’s price movements, underscoring the direct impact of its digital asset-focused model.

Measuring Shareholder Value Through Bitcoin Yield

Metaplanet uses a metric called Bitcoin Yield to measure the growth of BTC per fully diluted share, effectively isolating the benefits of its treasury strategy from the effects of share dilution. The company reported a 468.1% year-to-date Bitcoin Yield for 2025. From April to June alone, yield growth reached 129.4%, with the current quarter standing at 26.5% as of August 12. These figures highlight the accretive effect of the firm’s accumulation strategy on shareholder value.

Financing and Liquidity Management

In July, Metaplanet redeemed ¥12.75 billion from a bond issuance, using proceeds from exercised stock acquisition rights. The move reflects its balanced approach to funding growth, expanding Bitcoin reserves without straining liquidity. Consistent investor participation in share exercises through July and early August has further reinforced its capital position.

Long-Term Vision for Bitcoin

Metaplanet’s rapid accumulation strategy reflects a conviction in Bitcoin as both a hedge against currency depreciation and a long-term store of value. By combining aggressive acquisition with disciplined financing, the company continues to position itself as a prominent institutional advocate for the asset. For investors, the strategy offers significant upside potential alongside the inherent volatility of the cryptocurrency market.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice