Metaplanet Bitcoin Acquisition: $600M Boost Makes It 4th Largest Holder
Background: Metaplanet’s Aggressive Bitcoin Expansion
Japanese investment firm Metaplanet has expanded its Bitcoin holdings by purchasing an additional 5,268 BTC, valued at approximately $600 million at current market rates. The company announced on Wednesday that this move increases its total Bitcoin (BTC) reserve to 30,823 BTC. The development places Metaplanet as the fourth-largest corporate Bitcoin holder, according to data from BitcoinTreasuries. NET (Cointelegraph).
The company’s latest purchase was made at an average price of 17.39 million Japanese yen (about $116,000), with an aggregate investment totaling $600 million. Metaplanet’s cumulative Bitcoin holdings are now worth $3.6 billion, acquired at an average rate of approximately $108,000 per coin. Reporting via Cointelegraph.
Market Reaction and Yield Performance
Data from BitcoinTreasuries. NET indicates that Metaplanet’s Bitcoin acquisition strategy has already resulted in an unrealized profit exceeding 7.5%. The company initiated its Bitcoin holdings in April 2024 and has accumulated the cryptocurrency at a pace that surpasses almost every other corporate investor.
According to company filings, Metaplanet’s BTC Yield soared to 309.8% in late 2024 before settling at 33% in 2025. BTC Yield measures the percentage change in the ratio of Bitcoin holdings to fully diluted shares, reflecting the increasing share of Bitcoin per equity unit. Metaplanet described this metric as providing “a clearer view of how much Bitcoin backs each share.”
A peak BTC Yield of 309% meant that each share had more than triple the Bitcoin exposure compared to the company’s initial entry into the market. Recently, the metric stabilized, suggesting that while Bitcoin accumulation continues, growth in per-share exposure has decelerated.
Broader Corporate and Digital Asset Landscape
As of mid-2025, public corporations globally hold over 1 million Bitcoin, valued at around $116 billion, which equates to approximately 4.7% of the total Bitcoin supply. Including exchange-traded funds (ETFs), government reserves, exchanges, and private companies, Bitcoin in treasuries has reached a cumulative 3.8 million BTC, or $442 billion.
Interest in cryptocurrency as a treasury asset extends beyond Bitcoin. Ether (ETH)-based treasuries, encompassing reserve entities and ETFs, currently house 12.14 million ETH valued at $52 billion, according to Strategic ETH Reserve data. Similarly, Solana (SOL)-based reserves have accumulated 20.92 million SOL, with a market value of about $4.55 billion, referenced by Strategic SOL Reserve.
For ongoing analysis and news on cryptocurrency market trends and corporate adoption, see Vizi.com’s cryptocurrency section.
What Comes Next for Metaplanet?
Metaplanet’s aggressive approach to Bitcoin accumulation demonstrates a growing interest among traditional financial entities in diversifying portfolios using digital assets. With its reserve now exceeding $3.6 billion and significant unrealized gains, the company has established itself as a major institutional player in the sector.
Industry analysts will be watching for any further announcements regarding Metaplanet’s strategy, particularly as the stability of its BTC Yield could impact investor perception of exposure per share and future equity performance.
Globally, corporate adoption of cryptocurrencies continues to evolve, as companies seek alternative strategies to manage treasury reserves amid shifting market environments.
