Metaplanet Inc. (3350), a Japanese firm increasingly known for its bold crypto strategy, has added another 319 bitcoin (BTC) to its treasury as part of a growing commitment to digital assets.
The purchase, made at an average price of $83,147, raises Metaplanet’s total bitcoin holdings to 4,525 BTC. The company’s overall investment in bitcoin now totals $408.1 million, with an average acquisition cost of $90,194 per coin.
Since launching its bitcoin-focused treasury strategy in December 2024, Metaplanet has aimed to reposition itself as a forward-looking, crypto-aligned firm. Its internal metric, BTC Yield — which measures BTC growth relative to share dilution — stood at 95.6% for Q1 2025, with year-to-date growth of 6.5% as of April 14.
These purchases are being fueled by smart capital market maneuvers, including bond issuance and rights offerings that have allowed the firm to raise funds while avoiding major dilution. So far, the company has executed roughly 41.7% of its ¥21 billion treasury expansion initiative.
Metaplanet’s strategy continues to mirror the playbook of U.S. firms like MicroStrategy — but with a distinctly Japanese twist.
