Bitcoin News Today: Metaplanet Boosts Bitcoin Holdings by $93M to 17,132 BTC as Stock Dips 40% YTD

Metaplanet, a Tokyo-listed Bitcoin treasury firm, has increased its Bitcoin holdings by $93 million through the purchase of 780 BTC, bringing its total stash to 17,132 BTC valued at approximately $1.7 billion. The acquisition, disclosed on July 28, 2025, reflects the company’s ongoing strategy to position itself as a long-term Bitcoin holder. Despite this significant investment, the company’s stock has fallen nearly 40% from its year-to-date highs, trading near ¥1,150—a level not seen since early June [1].

The purchase, which added to Metaplanet’s existing Bitcoin treasury, marks one of its largest monthly buys since adopting a Bitcoin-focused treasury strategy. The average acquisition cost for the company’s BTC holdings now stands at around ¥14.78 million per unit ($99,200). The firm has reiterated its goal of acquiring 210,000 BTC—approximately 1% of the total Bitcoin supply—by 2027, a target that would cement its status as a major institutional holder. However, global rankings indicate a competitive landscape: Metaplanet has dropped from fifth to seventh among public Bitcoin holders, as rivals aggressively expand their reserves [1].

The divergence between Metaplanet’s crypto strategy and its stock performance highlights broader market dynamics. While the value of its Bitcoin holdings has risen by nearly 20% since its average purchase price, equity investors remain cautious. The stock’s decline is attributed to factors such as valuation pressures, share issuance adjustments, and profit-taking by investors. This trend mirrors a broader slowdown in Bitcoin treasury stocks, with peers like Strategy also experiencing significant declines despite Bitcoin’s proximity to all-time highs [1].

The firm’s recent BTC Yield metric—a measure of Bitcoin holdings growth per fully diluted share—came in at 22.5% for the period of July 1–28, a sharp drop from 129.4% in the previous quarter. This metric underscores the challenges of balancing aggressive crypto accumulation with stock market expectations. Analysts suggest that the stock’s underperformance may reflect investor skepticism about the company’s dual focus on Bitcoin and traditional operations, particularly in an environment where equity valuations are sensitive to macroeconomic signals like interest rates and inflation [1].

Metaplanet’s actions align with a growing trend of Japanese firms integrating Bitcoin into their balance sheets. Remixpoint, an energy consulting firm, has begun its own Bitcoin accumulation strategy, acquiring 1,051 BTC to date. This shift underscores a strategic pivot among Japanese companies to treat Bitcoin as both a reserve asset and a hedge against macroeconomic risks. However, the regulatory landscape remains a potential hurdle, as global scrutiny of large-scale crypto holdings intensifies [1].

The press release, sourced from Crypto News, notes that Metaplanet’s latest purchase was executed without specifying exact transaction timing or per-unit prices—a common practice in institutional crypto transactions to avoid market manipulation risks. As the firm advances its 2027 target, the market will closely watch its ability to reconcile its Bitcoin-focused strategy with stock performance. The company’s success in this dual objective could influence broader adoption of Bitcoin as a corporate treasury asset, particularly in markets where equity volatility persists [1].

Source: [1] [Metaplanet's Bitcoin Stash Gets $93 Million Boost Despite Stock Struggles] (https://coinmarketcap.com/community/articles/688738803c1f324d51532df9/)