Metaplanet’s Bitcoin Treasury Expands to $159M Following Latest 269 BTC Purchase

Metaplanet, a Japanese investment firm, continues its aggressive Bitcoin accumulation strategy with a recent purchase of 269.43 BTC, worth around $25.6 million at an average price of $95,000 per Bitcoin. This brings its total Bitcoin holdings to 2,031.41 BTC, valued at approximately $159 million, with an average purchase price of $78,000 per Bitcoin.

The company has been increasingly focused on using Bitcoin Yield as a key metric to evaluate the performance of its Bitcoin holdings in relation to its fully diluted shares. For the first quarter of 2025, Metaplanet reported a BTC Yield of 15.3%, following a significant rise of nearly 310% in late 2024. Since mid-2024, Metaplanet has ramped up its Bitcoin purchases, growing its holdings from just 141 BTC to over 1,760 BTC by the end of 2024. This expansion has positioned Metaplanet as one of Japan’s largest institutional Bitcoin holders.

Metaplanet’s strategy mirrors that of U.S.-based Strategy (formerly MicroStrategy), a pioneer in corporate Bitcoin accumulation. Strategy now holds over $14.85 billion in unrealized profits from its Bitcoin investments. However, in the fourth quarter of 2024, Strategy reported a significant loss of $670.8 million, driven by a $1.01 billion impairment charge on its Bitcoin holdings. Despite the losses, Strategy remains the largest corporate Bitcoin holder, maintaining its confidence in Bitcoin’s long-term growth potential.

Metaplanet’s approach highlights the increasing trend among institutional players to adopt Bitcoin as a treasury asset, even in countries like Japan, which has strict crypto regulations. Looking ahead, Metaplanet plans to increase its Bitcoin holdings to 10,000 BTC in 2025, following in the footsteps of Strategy’s long-term investment strategy.

This move by Metaplanet is part of a broader trend in institutional adoption of Bitcoin, signaling that large firms are continuing to view Bitcoin as a valuable asset, both for its potential to appreciate in value and as a hedge against inflation and economic uncertainty. The growing number of institutions accumulating Bitcoin reinforces the asset’s legitimacy and suggests that Bitcoin’s role in corporate treasury management could become more widespread.

What do you think about Metaplanet’s strategy? Do you believe more institutions will follow suit and increase their Bitcoin holdings in the coming years?