Japanese investment firm Metaplanet has made another bold move in the crypto space, acquiring 1,088 more Bitcoins in its latest purchase, and pushing its total holdings to 8,888 BTC—valued at over $930 million at current prices.
The firm, now Asia’s largest public Bitcoin holder and one of the top institutional players globally, disclosed that the latest acquisition cost 16.89 billion yen (roughly $117.5 million), at an average price of 15.5 million yen—or around $108,000—per coin. The buy follows a recent zero-interest bond issuance of $50 million, underscoring Metaplanet’s aggressive and debt-fueled strategy toward building a Bitcoin treasury.
Since pivoting to a BTC-focused strategy in April 2024, Metaplanet has accumulated 7,126 BTC in 2025 alone and is closing in on its year-end target of 10,000 BTC. The approach has drawn comparisons to MicroStrategy, the American firm known for pioneering the corporate Bitcoin accumulation model.
CEO Simon Gerovich has frequently cited MicroStrategy’s Michael Saylor as a key influence and views Bitcoin as a foundational asset for a new era of finance. Metaplanet’s commitment has also inspired other firms in the region, with companies like Twenty One adopting similar strategies, and some expanding into alternative digital assets such as Ether, XRP, and Solana.
The announcement sparked a 2.34% uptick in Metaplanet shares on the Tokyo Stock Exchange, rising to 1,094 yen during afternoon trading. The company’s stock has soared over 20x in the past year, though its U.S.-listed shares (MTPLF) declined 7.64% to $7.25 by Friday’s close.
Meanwhile, Bitcoin itself is trading around $105,000 after pulling back from a recent high of $111,800, and Metaplanet’s latest move is being seen by some as a strong institutional signal in support of the asset’s long-term outlook.
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