With Its Latest BTC Purchase, Metaplanet Becomes the 10th Biggest Public Bitcoin Holder

Tokyo-listed Metaplanet Inc. (3350) has added 319 BTC to its balance sheet in its latest treasury expansion move, investing approximately $26.5 million at an average price of $83,147 per coin.

The new purchase brings Metaplanet’s total holdings to 4,525 BTC, with a cumulative cost basis of $408.1 million. The average acquisition price across its treasury now sits at $90,194 per bitcoin, making it one of Asia’s most aggressive corporate bitcoin buyers.

The company kicked off its bitcoin treasury program in December 2024, positioning the asset as a strategic hedge and long-term value creator. Its internal performance metric, BTC Yield — which gauges bitcoin growth per share — hit 95.6% in Q1 2025, with year-to-date growth at 6.5% as of mid-April.

Metaplanet’s bitcoin buys have been fueled by a mix of bond offerings and equity-linked instruments, allowing the company to raise capital while limiting shareholder dilution. The firm reports that 41.7% of its broader ¥21 billion ($210 million) funding plan has been executed to date.