Metaplanet's Rising Bitcoin Treasures

By: Eva Baxter

Japanese investment firm Metaplanet has further solidified its position as the leading non-US Bitcoin holder with an incremental purchase of 780 Bitcoins. This acquisition boosts its total cryptocurrency holdings to an impressive 17,132 BTC, currently valued at over $2 billion. The acquisition underscores Metaplanet's continued commitment to expanding its Bitcoin treasury, a strategy that sets it apart among public corporations.

To finance this latest venture, Metaplanet has strategically utilized share-linked funding, allowing them to maintain an aggressive purchasing pace. The average buying price for these newly acquired Bitcoins stands at $118,145 per coin, culminating in an aggregate cost of approximately $92 million. This alignment not only indicates Metaplanet’s substantial investment but also reflects their calculated approach amidst volatile market conditions.

The company’s Bitcoin strategy has yielded remarkable benefits, with a year-to-date return of approximately 450% as reported in 2025. CEO Simon Gerovich emphasized the firm’s long-term goals, aiming to procure 210,000 BTC by the end of 2027. Achieving such a target would potentially move them higher in the leaderboard of corporate Bitcoin holders, contending with significant players such as Tesla and Galaxy Digital.

Market reactions to this move have been mixed. Metaplanet's stock initially surged by 5% following the announcement, though recent performance shows fluctuations due to the intrinsic volatility of cryptocurrency valuations. While Metaplanet's strategic concentration on Bitcoin presents some risks, their impressive returns thus far indicate a firm belief in Bitcoin’s future potential. This approach also highlights Asia’s growing influence in Bitcoin institutional investment, marking a significant shift in the global crypto landscape.