Metaplanet Adds 463 BTC to Treasury, Pushing Holdings Beyond $1.78B Despite Stock Slump
Japanese investment firm Metaplanet (TSE: 3350) has deepened its bet on bitcoin, acquiring an additional 463 BTC for 7.995 billion yen (roughly $540 million), bringing its total holdings to 17,595 BTC — valued at over $1.78 billion.
The latest purchase was made at an average price of 17.3 million yen per bitcoin. In total, Metaplanet has now spent approximately 261.28 billion yen on its bitcoin strategy.
The move comes as Metaplanet’s stock price continues to decline. Shares fell over 7% on Monday to 987 yen, down nearly 50% from their June high. Despite the slump, the company is increasingly viewed as Asia’s de facto bitcoin proxy, offering investors BTC exposure through equity markets in the absence of a spot ETF.
The company’s BTC yield — which measures bitcoin accumulation relative to outstanding shares — has slowed from 309.8% in Q4 2024 and 129.4% in Q2 2025 to 52.6% as of August 4. The decline reflects both increased share issuance and moderating accumulation rates.
Metaplanet maintains that its growing bitcoin reserves serve long-term shareholder value, reinforcing its conviction in BTC as a strategic asset amid ongoing volatility in equity and crypto markets alike.
