Metaplanet Boosts Bitcoin Holdings to $251M Amidst Volatility

Japanese investment firm Metaplanet has bolstered its Bitcoin holdings with a significant purchase of 497 BTC for approximately $43.9 million, at an average price of around $88,448 per coin. This acquisition, announced on March 5, 2025, brings Metaplanet's total Bitcoin holdings to 2,888 BTC, valued at approximately $251 million.

This purchase marks Metaplanet's second Bitcoin acquisition this week, following a previous purchase of 156 BTC on March 3. The company's aggressive buying strategy comes amidst a period of price volatility for Bitcoin, which has experienced a downward trend over the past two weeks, falling around 8.5% and reaching a three-month low of under $79,000 on February 28.

Despite the market downturn, which has been linked to concerns about a possible trade war and US President Donald Trump's planned tariffs, Metaplanet has continued its Bitcoin buying strategy. The company now holds 2,888 BTC at an average purchase price of $84,240 per coin, with Bitcoin trading around $87,150 at the time of the announcement.

Metaplanet CEO Simon Gerovich shared news of the purchase on social media, noting that the company has achieved a year-to-date yield of 45.1% on its Bitcoin investments, exceeding the firm's quarterly target of 35%. The market has responded positively to Metaplanet's Bitcoin strategy, with the company's stock price on the Tokyo Stock Exchange jumping 19% following the announcement.

This recent surge comes after the stock had taken a hit in the previous trading week, coinciding with Bitcoin's price drop. However, Metaplanet remains one of the best-performing stocks over the past 12 months, with its share price increasing more than 1,700% in the last year. The stock had reached an all-time high around 7,000 JPY in February before pulling back.

Metaplanet has acquired 794.5 BTC so far this year, reporting gains of approximately $66 million on those purchases in Q1 2025. These results demonstrate the success of its Bitcoin investment strategy. The firm has