Asian Firms Metaplanet Blockchain Group Buy 340 BTC for $15 Million

Two publicly listed Asian firms, Blockchain Group and Metaplanet, have made significant strides in the cryptocurrency space by collectively acquiring more than 340 BTC, valued at over $15 million. This move underscores a growing trend among publicly listed companies adopting Bitcoin as a mainstream treasury asset.

Metaplanet, a Tokyo-listed investment company, purchased 2,205 BTC for $238.7 million, increasing its holdings to 15,555 BTC. This acquisition makes Metaplanet the fifth-largest corporate Bitcoin holder globally. The company's steady accumulation, funded through the issuance of bonds and stocks, has doubled its shareholders in just three months. This strategy not only enhances financial stability but also hedges against inflation, protecting assets from the depreciation of fiat currencies.

Blockchain Group, listed in Paris, acquired 116 BTC for €10.7 million ($11.5 million), bringing its reserves to 1,904 BTC. The group's return on BTC for 2025 is projected to be over 1,300%, reflecting the significant rise in Bitcoin's value. The recent convertible notes and bond issuances have been crucial in funding these purchases, with custody provided by leading digital asset infrastructure companies.

Both companies treat Bitcoin as a long-term reserve asset, listing it as a non-current asset on their balance sheets. Acquisitions are funded through equity or debt issuance, with proceeds used directly for Bitcoin purchases. Metaplanet operates a dedicated "BTC Yield" to measure the value added per share, distinguishing the impact of treasury actions from share dilution. Similarly, Blockchain Group tracks a yield that emphasizes the accretive contribution of Bitcoin to shareholder value.

The corporate Bitcoin buying spree is not limited to these two firms. Public companies now hold over 725,000 BTC globally, a 135% increase year-on-year, driven by regulatory certainty, inflation fears, and the need to hedge against fiat risks. Metaplanet and Blockchain Group's aggressive strategies are inspiring other listed firms to follow suit, with many planning more BTC purchases in future quarters. However, experts caution that smaller firms must manage risk carefully, especially if Bitcoin prices become unstable.

As more corporations adopt Bitcoin in their treasuries, the competitive landscape for listed firms is rapidly changing. Institutional investors are increasingly looking at how digital assets can contribute to balance sheet health and optimize shareholder value. This is driving discussions around risk management, custody solutions, and regulation, as businesses seek to balance potential upside with good governance. The growing popularity in Europe and Asia could pave the way for broader acceptance worldwide, adding pressure on North American businesses and companies globally to reconsider their treasury strategies.

With Bitcoin's finite supply and rising demand, corporate hoarding is becoming the next unavoidable trend for the next cycle of institutional investment. This trend is already gaining traction, as more companies recognize the potential of Bitcoin as a store of value and a means of hedging against economic uncertainty. The recent moves by Metaplanet and Blockchain Group are indicative of this broader shift, highlighting the growing acceptance of Bitcoin as a legitimate asset class among institutional investors.