Metaplanet Buys 696 BTC for $67.9M, Total Holdings Reach 4,046 BTC

Highlights:

• Metaplanet bought 696 BTC for ¥10.152 billion, increasing its holdings to 4,046 BTC.
• The company ranks ninth among companies holding Bitcoin, surpassing Bitcoin Group and Semler.
• Metaplanet’s strategic Bitcoin moves drive stock recovery, with a 2% share increase.

Metaplanet strengthened its spot as a top corporate Bitcoin holder by buying 696 BTC for about $67.8 million (¥10.152 billion) on April 1. With this purchase, the company’s total Bitcoin holdings have grown to 4,046 BTC, valued at approximately ¥52.368 billion or $350 million.

*Metaplanet Purchases Additional 696 $BTC* pic.twitter.com/ppnm8ZNH5X

— Metaplanet Inc. (@Metaplanet_JP) April 1, 2025

According to Bitcoin Treasuries data, Metaplanet now ranks ninth among publicly traded companies with Bitcoin holdings, surpassing Bitcoin Group and Semler Scientific. ​Metaplanet Inc. has been actively increasing its Bitcoin holdings through strategic financial maneuvers. In February, the company issued 2 billion Japanese yen in zero-interest ordinary bonds, with the proceeds earmarked for purchasing additional Bitcoin. 

In addition to bond issuance, Metaplanet’s stock is now part of BetaShares’ Crypto Innovators ETF, a fund that invests in crypto-related companies. This inclusion boosts its presence in the crypto market. The firm’s bold steps show its strong push for Bitcoin and its link with traditional finance. Commenting on these achievements, Metaplanet CEO Simon Georvich expressed pride in the increasing institutional interest in the company’s Bitcoin-focused investments.

Metaplanet’s Bold Bitcoin Moves Drive Stock Recovery

Metaplanet, a Tokyo-listed company, used two strategies to buy Bitcoin. It acquired 645.74 BTC through put option assignments, meaning it agreed to buy Bitcoin at a set price. Additionally, it earned 50.26 BTC as premium income from selling these options. This approach allowed the company to grow its Bitcoin holdings efficiently.

In a statement on Tuesday, Metaplanet said:

“Relative to direct spot purchase at that time, the strategy enabled the company to acquire more bitcoin per yen deployed – benefitting from premium income and a reduced effective cost basis.”

After the announcement, Metaplanet’s stock price started to recover. Google Finance data shows the shares increased by 2%, reaching around ¥409, after dropping over 17% the week before.

The company also achieved a 95.6% Bitcoin Yield in Q1 2025, exceeding its 35% target. Its Bitcoin Yield Strategy, launched last year, tracks how Bitcoin holdings impact shareholder value. Metaplanet, often dubbed “Asia’s MicroStrategy,” has set an ambitious goal to accumulate 21,000 BTC by 2026, aiming to lead Bitcoin adoption in Japan. The firm appointed Eric Trump to its Strategic Board of Advisors.

Bitcoin Demand Grows Among Institutions

Metaplanet’s purchase comes as institutional buying increases, with Michael Saylor’s Strategy announcing the purchase of 22,048 Bitcoin for $1.92 billion on March 31, at an average price of $86,969 per Bitcoin. In a March 31 X post, Saylor stated that the company now holds more than 528,000 Bitcoin, bought for $35.6 billion at an average price of $67,458 per BTC.

$MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and has achieved BTC Yield of 11.0% YTD 2025. As of 3/30/2025, @Strategy holds 528,185 $BTC acquired for ~$35.63 billion at ~$67,458 per bitcoin. $STRK $STRF https://t.co/1sfyBIglnt

— Michael Saylor⚡️ (@saylor) March 31, 2025

Despite global market uncertainty over U.S. President Donald Trump’s upcoming tariff announcement. Institutions remain confident in Bitcoin, which could lead to volatility in both crypto and traditional markets.