Metaplanet Boosts Bitcoin Holdings by 797, Now Fifth-Largest Corporate Holder

Metaplanet Inc. has recently expanded its Bitcoin holdings by acquiring an additional 797 Bitcoins, bringing its total holdings to 16,352 Bitcoins. This strategic move underscores the company's commitment to increasing its exposure to the leading cryptocurrency. The purchase was made at an average price of $117,451 per Bitcoin, totaling approximately $93.6 million. This acquisition elevates Metaplanet's total Bitcoin holdings to a value of around $1.95 billion, solidifying its position as a significant player in the corporate Bitcoin ownership landscape. The company now ranks as the fifth-largest corporate holder of Bitcoin globally, a testament to its aggressive investment strategy in the digital asset space.

This latest acquisition comes at a time when Bitcoin prices have surged past $121,000, reflecting a broader trend of increasing institutional interest in cryptocurrencies. Metaplanet's decision to expand its Bitcoin holdings amid this record run highlights the company's confidence in the long-term potential of the cryptocurrency market. The move also aligns with the growing trend of corporations diversifying their asset portfolios to include digital assets, which are seen as a hedge against inflation and a store of value.

Metaplanet's willingness to continue purchasing Bitcoin at high price levels is notable. The company's latest buy at $117,451 per BTC is significantly higher than their overall average purchase price of $100,191. This strategy echoes that of MicroStrategy, the US tech firm that transformed its balance sheet with billions in BTC holdings. By pushing deeper into crypto, Metaplanet is shifting its core image from iGaming and affiliate software to a heavy Bitcoin treasury play — a move still rare among listed companies in Asia.

Experts point to Japan’s progressive regulatory environment as a key enabler. Clear crypto laws mean firms like Metaplanet can acquire and hold Bitcoin without fear of abrupt policy changes. This regulatory certainty sets Japan apart in Asia’s crypto landscape. Metaplanet's leadership insists its commitment is built on a patient, long-term vision, signaling that the company is ready to weather price swings in pursuit of outsized returns. For now, the message to the market is clear: Japan’s crypto playbook is open, and Metaplanet wants to lead.