Japanese technology company Metaplanet has acquired an additional 319 bitcoin worth approximately Â¥3.78 billion ($26.3 million), continuing its aggressive bitcoin accumulation strategy as it aims to become one of Asia’s largest corporate holders of the digital currency.
JUST IN: 🇯🇵 Japanese public company Metaplanet buys 319 #bitcoin for $26.3 million. pic.twitter.com/ZcaMg8Ae3b
— Bitcoin Magazine (@BitcoinMagazine) April 14, 2025
Purchase Details
According to multiple sources, the Tokyo Stock Exchange-listed company (TSE: 3350) purchased the bitcoin at an average price of ¥11.85 million ($83,147) per coin. The acquisition was announced by the company on Monday, April 14, 2025.
This latest purchase increases Metaplanet’s total bitcoin holdings to 4,525 BTC. The company now has an aggregate cost basis of $408.1 million with an average purchase price of $90,194 per bitcoin. According to its corporate metrics, Metaplanet has now executed approximately 41.7% of what it calls its “210 million plan.“
Strategic Goals
Often referred to as “Asia’s MicroStrategy,” Metaplanet has outlined ambitious expansion plans for its bitcoin reserves:
- Reach 10,000 BTC by the end of 2025 (a 470% increase from current holdings)
- Achieve a target of 21,000 bitcoin by the end of 2026
The company evaluates its performance through a metric called “BTC Yield,” which measures bitcoin holding growth relative to shares outstanding. For Q1 2025, Metaplanet reported a BTC yield of 95.6%, with a year-to-date figure of 6.5% as of April 14.
Market Context
The purchase comes as bitcoin experienced a slight decline over the weekend, dropping more than 2% to around $83,482 during Asian trading hours. Despite this short-term volatility, bitcoin has recovered to approximately $85,844 i.e, 73,54,596.18 INRÂ as of the most recent data.
The crypto market has shown sensitivity to emerging geopolitical tensions, particularly surrounding potential new U.S. trade tariffs targeting Chinese electronics. While President Trump temporarily excluded certain electronics from a planned 10% tariff, he later clarified via Truth Social that these same products would instead face a 20% levy under national security provisions.
Also Read: Metaplanet Adds 696 Bitcoin to Its Treasury, Bringing Total Holdings to Over 4,000 BTC
Strategic Moves and Partnerships
Metaplanet’s bitcoin acquisition strategy is supported by various capital market activities, including bond issuances and stock acquisition rights, designed to raise funds while minimizing shareholder dilution.
In a notable development, the company recently appointed Eric Trump, son of U.S. President Donald Trump, to its Strategic Advisory Board, citing his business expertise and passion for bitcoin. This appointment comes as the Trump administration has launched initiatives including a Strategic Bitcoin Reserve and a Digital Asset Stockpile.
Global Position
With this latest acquisition, Metaplanet has elevated its position to become one of the top ten largest public holders of bitcoin globally. According to various sources, the company now ranks as either the ninth or tenth largest institutional bitcoin holder.
Metaplanet’s bitcoin treasury operations strategy launched in December 2024 and aims to use digital assets to enhance shareholder value, closely mirroring the playbook pioneered by Michael Saylor’s MicroStrategy, albeit on a smaller scale.
Broader Adoption Trends
Metaplanet’s continued investment comes amid growing institutional and governmental interest in bitcoin:
- According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 U.S. states
- New Hampshire and Florida recently advanced bills aimed at allowing their state governments to hold Bitcoin as part of financial reserves
- Florida’s House Insurance and Banking Committee unanimously passed HB487, which would allow the state to invest up to 10% of select funds into Bitcoin
As traditional markets and cryptocurrencies navigate complex geopolitical and macroeconomic factors, Metaplanet’s significant investment signals continued institutional confidence in bitcoin as a treasury reserve asset, particularly among forward-thinking Asian corporations.
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