Metaplanet's Bitcoin Holdings Surge 12% After $104M Purchase

Japanese investment firm Metaplanet has significantly expanded its Bitcoin holdings with the acquisition of 1,004 BTC, valued at approximately $104 million. This purchase, made at an average price of $97,182 per Bitcoin, was disclosed in a regulatory filing on May 19. With this addition, Metaplanet’s total Bitcoin reserves now stand at 7,800 BTC, valued at around $800 million at current market prices. This acquisition brings the company closer to its goal of accumulating 10,000 BTC by the end of 2025, as previously announced by CEO Simon Gerovich.

The news of this purchase had an immediate impact on Metaplanet’s stock performance. Shares jumped 12% on the Tokyo Stock Exchange, reaching levels not seen since February. The company’s market capitalization rose to ¥365.12 billion (approximately $2.34 billion). Based on current prices, Metaplanet now holds an unrealized profit of $77.4 million on its Bitcoin investments. The company has been aggressive in its recent accumulation strategy, particularly in the last few months.

Metaplanet’s Bitcoin accumulation has accelerated dramatically in recent months. The company acquired 2,800 BTC in May alone, including this recent purchase. This follows four purchases in April totaling 794 BTC and six purchases in March totaling 1,655 BTC. This latest acquisition represents Metaplanet’s second-largest Bitcoin purchase to date. Their largest single purchase was 1,241 BTC for $129 million on May 12, a move that pushed their holdings above those of El Salvador.

The company reported strong performance metrics related to its Bitcoin strategy. For the first quarter, Metaplanet reported a BTC Yield of 95.6% and has achieved a yield of 47.8% so far in the second quarter. These figures measure the ratio of percentage change in Bitcoin holdings per fully diluted share. The timing of the purchase coincides with Bitcoin’s price surpassing $100,000, supported by optimism surrounding U.S.-China tariff discussions. The cryptocurrency came within 3% of its all-time high when Metaplanet made its purchase.

Metaplanet now ranks as the largest Bitcoin holder among public companies in Asia. On a global scale, it holds the tenth position among public firms holding Bitcoin. If the company acquires another 301 BTC, it would surpass Galaxy Digital Holdings, which currently holds the ninth spot with 8,100 Bitcoin. Other major corporate Bitcoin holders include Block Inc. with 8,584 BTC and U.S.-based cryptocurrency exchange Coinbase with 9,267 BTC. However, all these holdings pale in comparison to Michael Saylor’s Strategy, which leads corporate Bitcoin holdings with 568,840 BTC worth approximately $59 billion.

The latest market data suggests corporations and businesses are the largest net buyers of Bitcoin in 2025, outpacing exchange-traded funds, governments, and retail investors. This trend highlights the growing institutional interest in cryptocurrency as a treasury asset. Metaplanet’s current total investment in Bitcoin stands at approximately $712.5 million. With the company’s continued accumulation strategy and the recent price performance of Bitcoin, Metaplanet appears well-positioned to reach its 10,000 BTC target by the end of the year. The company has established itself as a key player in the corporate Bitcoin adoption movement, particularly in the Asian market where institutional cryptocurrency investments have been growing steadily.