Nikolas Sargeant
Metaplanet, Asia's largest corporate Bitcoin holder, has acquired an additional 1,004 Bitcoin valued at approximately $104 million, continuing its aggressive Bitcoin accumulation strategy. The Tokyo-based company completed the purchase on Monday, paying an average price of JP¥15,134,304 ($104,180) per Bitcoin.
This latest acquisition follows Metaplanet's announcement of record-breaking earnings for the first quarter of 2025. With this purchase, the company's total Bitcoin holdings have reached 7,800 BTC, currently valued at over $800 million.
Metaplanet Secures Position Among Top Global Bitcoin Holders
The Japanese firm's strategic accumulation has propelled it past El Salvador's national Bitcoin treasury, which currently holds 6,181 BTC according to the nation's Bitcoin Office data. This achievement positions Metaplanet at tenth place among public companies worldwide that maintain Bitcoin reserves.
Metaplanet began its Bitcoin acquisition program in April 2024 and has established an ambitious target of accumulating 10,000 BTC by the end of 2025. This approach follows the strategy pioneered by Michael Saylor's Strategy (formerly MicroStrategy), which currently leads corporate Bitcoin holdings with more than 568,840 BTC.
Record Q1 Performance Driven by Bitcoin Strategy
Metaplanet recently reported exceptional financial results for Q1 FY2025, marking its strongest quarter to date. According to the quarterly earnings report, the company's Bitcoin strategy contributed significantly to its performance, driving 88% of its revenue growth to JP¥877 million ($6 million).
As Japan's only regulated Bitcoin exposure within a public company framework, Metaplanet has established itself as the eleventh-largest public firm globally in Bitcoin holdings and the first in Asia to adopt such an aggressive accumulation strategy.
The company also reported impressive returns on its Bitcoin investments, with a yield of 170% and a gain of 2,996 BTC as of May 12.
"Our results speak for themselves: we don't set targets to feel safe—we set them to exceed them, quarter after quarter," the company stated in its quarterly report.
