Metaplanet has gained recognition in the broader digital currency ecosystem after its latest BTC purchase, which now positions it among the top 10 holders of the coin.
Japanese financial leader Metaplanet is finally rising to rank with top Bitcoin (BTC) holders worldwide. A recent acquisition of more BTC has pushed the company to rank as the ninth largest public Bitcoin holder.
Metaplanet is Keen on its Bitcoin Treasury Operations Strategy
Metaplanet purchased 319 BTC at an average price of ¥11,845,786 per coin, equivalent to $83,147.
This acquisition, including others from the past, brings the company’s total Bitcoin holdings to 4,525 BTC. This holding has an aggregate cost basis of $408.1 million and an average acquisition price of $90,194 per BTC.
These BTC acquisitions are achieved through bond issuances and stock acquisition rights. One such occasion was in November when Metaplanet announced that it was issuing a third series of ordinary bonds.
The goal was to secure ¥1.75 billion, equivalent to $11.3 million, to boost its growing Bitcoin treasury. From all indications and by all means, this firm is adhering to its broader Bitcoin treasury operations strategy, which it launched in December 2024.
*Metaplanet Purchases Additional 319 $BTC* pic.twitter.com/haBS1NjtwI
— Metaplanet Inc. (@Metaplanet_JP) April 14, 2025
The company intends to leverage digital assets to enhance shareholder value. Judging by its BTC Yield, a metric that measures Bitcoin holding growth relative to share outstanding, the Asian firm is in profit.
Specifically, Metaplanet’s BTC yield reached 95.6% in Q1 2025, while it recorded a Year-to-date (YTD) figure of 6.5% as of April 14. So far, the company has executed approximately 41.7% of its “210 million plan,” marking a significant milestone.
Strategy Hints at New Bitcoin Acquisition
In the same spirit as the Bitcoin acquisition, MicroStrategy, recently rebranded to become Strategy, will likely resume its acquisition spree. The business intelligence software firm took a week off from purchasing BTC, leaving the broader crypto community wondering.
Over the weekend, the firm’s founder, Michael Saylor, shared a snippet of the company’s portfolio tracker, which showed Strategy’s Bitcoin holdings and valuation.
From past events, whenever Strategy shared the portfolio tracker during the weekend, the new week usually starts with new purchases.
On this basis, investors and market watchers expect the Saylor-led firm to resume its BTC acquisition. As of April 1, 2025, Strategy holds 528,185 Bitcoin, making it the first largest public Bitcoin holder.
