Tokyo-based investment firm Metaplanet has solidified its position as a major corporate holder of Bitcoin, after acquiring an additional 145 Bitcoin (BTC) for roughly $13.6 million. This purchase takes the company’s total Bitcoin holding to a staggering 5,000 BTC, an estimated value of $428 million based on current prices.
This significant move forms part of Metaplanet’s ambitious “21 Million Plan”, which aims to accumulate a total of 10,000 Bitcoin by the end of 2025, and a lofty 21,000 Bitcoin by the end of 2026. With the company’s Bitcoin holdings now exceeding the halfway mark towards their 2025 target, this recent acquisition underscores the company’s serious commitment to its digital asset plan.
In the month of April alone, Metaplanet has acquired over 1,650 Bitcoin, costing approximately $153 million. This aggressive buying strategy has propelled the company into the top 10 list of biggest Bitcoin owners in the market.
Reacting to this milestone, Metaplanet’s CEO Simon Gerovich took to social media to express his delight. Gerovich described the achievement as a significant step that positions Japan as a potential leader in global Bitcoin adoption. He also highlighted the company’s goal to pioneer what he termed the ‘Bitcoin race’ globally.
Since the launch of its Bitcoin acquisition strategy in mid-2024, Metaplanet has raised an impressive $745 million, marking the largest capital raise in Asia in the digital asset sector.
To measure the efficacy of its Bitcoin-focused treasury strategy, Metaplanet developed a unique tool called the BTC Yield. This metric adjusts corporate value to reflect digital asset storage. In the first quarter of 2025, the company achieved a BTC Yield of 95.6%. Even more impressively, in Q4 2024 the company reported a notable 309.8% BTC Yield.
Despite the company’s growing digital asset portfolio, Metaplanet’s stock has been underperforming recently, down 4.57% at $2.49. Global losses over the week were recorded at 4.2%. Gerovich addressed these concerns, stating that the company’s focus was on creating long-term value rather than speculating on shares.
Gerovich also noted the growing institutional interest in Metaplanet, particularly from Exchange Traded Funds and indexes that have added the company’s shares due to its significant exposure to Bitcoin. This strategy mirrors that of US-based technology company, Strategy, which recently purchased $555.8 million in BTC.
In conclusion, Metaplanet’s aggressive Bitcoin acquisition strategy has not only positioned it as a major player in the digital asset space but also underscores the growing acceptance of Bitcoin within the global investment community. Whether Metaplanet’s gambit pays off will undoubtedly be watched closely by investors and market analysts alike.
