Metaplanet Acquires $104M in Bitcoin, Strengthens Position as Asia’s Largest Corporate BTC Holder

Metaplanet Acquires $104M in Bitcoin, Strengthens Position as Asia’s Largest Corporate BTC Holder

Tokyo, Japan – Metaplanet, a leading Japanese investment firm, has expanded its bitcoin holdings with a new $104.3 million purchase, reinforcing its aggressive cryptocurrency investment strategy amid continued market momentum.

In a disclosure on Monday, the Tokyo-listed company confirmed the acquisition of 1,004 bitcoins at an average price of $103,873 per coin. This latest move brings Metaplanet’s total bitcoin holdings to 7,800 BTC, valued at approximately $806 million based on current market prices.

Since initiating its bitcoin accumulation in April 2024, Metaplanet has remained committed to its long-term treasury strategy centered on digital assets. The company has publicly set its sights on owning 10,000 BTC by the end of 2025, and it is funding this strategy primarily through a series of bond issuances. Its most recent was a $15 million bond sale, marking the firm's 15th such offering.

According to CEO Simon Gerovich, the average acquisition price for Metaplanet’s total bitcoin holdings stands at around $91,343 per BTC, with a total investment nearing $712.5 million.

This accumulation comes as bitcoin continues to hover near record highs. At the time of the announcement, BTC was trading at $103,343, reflecting investor optimism and strong institutional interest across the global market.

Metaplanet has now become Asia’s largest publicly traded corporate holder of bitcoin and ranks 11th globally, per data from Bitcointreasuries.net. The global leader remains U.S.-based MicroStrategy, which holds over 568,000 BTC.

Investor response has been swift. Metaplanet’s stock rose 12.2% on Monday in Japan, underlining market confidence in the firm's crypto-forward strategy.