Metaplanet Boosts Bitcoin Holdings to $800M, Stock Surges
Japanese company Metaplanet has bolstered its Bitcoin (BTC) holdings with a recent purchase, further cementing its status as 'Asia's MicroStrategy'. The acquisition follows a strategic focus on Bitcoin that has seen the company's stock soar.
Metaplanet's latest purchase, completed on Monday, involved acquiring an additional 1,004 BTC at an average price of JP¥15,134,304 ($104,180) per Bitcoin. This transaction is valued at approximately $104 million. This move comes after two large Bitcoin purchases made by the company in May 2025, with the aim of holding a total of 10,000 BTC by the end of this year.
The company's Bitcoin-focused strategy has proven lucrative. In Q1 FY2025, Metaplanet's revenues were $6 million, with a staggering 88% attributed to Bitcoin options trading. This resulted in a BTC yield of 170% and a BTC gain of 2,996. As of now, Metaplanet's total Bitcoin holdings stand at 7,800 BTC, currently valued at over $800 million, making it the 10th largest public company in terms of Bitcoin holdings.
Metaplanet's stock price (3350.T) has surged to a three-month high following this recent acquisition, appreciating by 12.6%. This follows a broader trend where the company's stock value has increased by 101.7% over the past month, driven by Bitcoin's rally and the company's strategic focus on the cryptocurrency. Since adopting this strategy, Metaplanet's stock price has increased over 15-fold.
Metaplanet's aggressive Bitcoin accumulation strategy has paid off, with the company's stock price soaring and its Bitcoin holdings now valued at over $800 million. With plans to hold 10,000 BTC by the end of 2025, Metaplanet continues to assert itself as a significant player in the global Bitcoin landscape.
