Key Points
- Japanese firm Metaplanet has added 269.43 Bitcoin to its treasury, bringing its total holdings to 2,031.41 BTC.
- Despite a strict regulatory environment, Metaplanet plans to grow its Bitcoin holdings to 10,000 by 2025.
Metaplanet, a Japanese investment company, recently acquired an additional 269.43 Bitcoin. The purchase was part of the firm’s ongoing Bitcoin treasury strategy.
The public announcement was made on February 17, revealing the acquisition of 269.43 Bitcoin at an average price of $95,000 per Bitcoin. This purchase amounted to a total of $25.6 million.
Metaplanet’s Bitcoin Strategy
With this latest acquisition, Metaplanet’s total Bitcoin holdings have increased to 2,031.41 BTC. The average purchase price was $78,000 per Bitcoin, bringing the total investment to $159 million.
The investment firm uses BTC Yield as a key performance indicator. This measures the value of its Bitcoin holdings relative to its fully diluted shares. For the first quarter of 2025, the company reported a BTC Yield of 15.3%. This came after a significant rise of 309.8% in late 2024.
Since mid-2024, Metaplanet’s Bitcoin accumulation has become more aggressive. The firm’s holdings grew from 141 BTC to over 1,760 BTC by the end of the year. This makes Metaplanet one of the largest institutional Bitcoin holders in Japan.
Following Strategy’s Approach
Metaplanet’s approach to Bitcoin accumulation is similar to that of Strategy (previously known as MicroStrategy). The U.S. firm was a pioneer in corporate Bitcoin accumulation. As of February 17, Strategy reported over $14.85 billion in unrealized profits from its Bitcoin holdings. The company’s conviction in the asset continues to influence other institutional players.
However, Strategy reported a loss of $670.8 million in Q4 2024. This was a stark contrast to the $89.1 million profit it posted in the same quarter the previous year. The losses were primarily due to a $1.01 billion impairment charge on its Bitcoin holdings.
Despite the losses, Strategy remains the largest corporate Bitcoin holder. The firm is betting on the asset’s long-term growth. This approach has set a precedent for companies like Metaplanet. Despite Japan’s strict crypto regulations, Metaplanet uses Bitcoin as a treasury asset. According to recent reports, Metaplanet plans to increase its Bitcoin holdings to 10,000 by 2025.