Metaplanet Boosts Bitcoin Holdings by 5% to 3,200 BTC

Metaplanet, a Japanese Bitcoin treasury company, has made a significant move by purchasing an additional 150 Bitcoin (BTC), bringing its total holdings to 3,200 BTC. This purchase, made on March 18, cost approximately 1.88 billion yen ($12.6 million), with each Bitcoin acquired at around $83,671. This strategic buy aligns with Metaplanet's ambitious plan to accumulate 21,000 BTC by 2026, positioning itself as a major player in the Bitcoin market.

The latest acquisition underscores Metaplanet's commitment to its Bitcoin treasury strategy, which has garnered significant attention and investment. The company has issued over 44 million common shares to fund its Bitcoin purchases, earning it the nickname “Asia’s MicroStrategy” due to its similarity to Michael Saylor’s strategy. This approach has not only bolstered Metaplanet's Bitcoin holdings but also attracted a growing number of investors, with its shareholder base expanding by 500% in 2024 and its market capitalization increasing by 9,652% in one year.

Despite the recent stock price fluctuations, Metaplanet's stock has shown remarkable growth. After announcing its plan to become a Bitcoin treasury company, its stock price surged by 4,800% as of February 10. Although there has been a subsequent decline of 34% to 4,030 yen ($26.9) since February 19, the stock remains significantly higher than its March 19, 2024, value of 150 yen ($1).

Metaplanet's aggressive Bitcoin acquisition strategy has positioned it as the 11th-largest corporate holder of Bitcoin globally and the largest in Asia. This move comes at a time when Japan is showing a more favorable stance toward digital assets. The country's ruling party has proposed reducing crypto capital gains taxes by 20%, and the government has passed a stimulus package committing to crypto tax reform. These developments suggest a growing acceptance and support for digital currencies within the region.

Metaplanet's BTC yield, a key performance indicator, has shown a 60.8% change for the ongoing quarter from January 1, 2025, to March 18, 2025. While this is a smaller change compared to the previous quarter's yield of 310%, it still reflects a strong commitment to increasing its Bitcoin holdings. The company's strategic purchases and growing investor interest indicate a promising future for Metaplanet as it continues to execute its Bitcoin treasury plan.