Metaplanet Purchases Additional 330 BTC, Boosting Holdings to Over 4,855 BTC as Bitcoin Breaks $87K
Metaplanet, a publicly-listed Japanese company, revealed on Monday that it had acquired 330 more Bitcoin (BTC), bringing its total holdings to 4,855 BTC, which are now worth over $420 million at the current market price. The purchase comes as Bitcoin surges above the $87,300 mark, marking a recovery after last week’s dip.
This acquisition represents Metaplanet’s third Bitcoin purchase this month, reinforcing its strategy of increasing exposure to cryptocurrency despite broader market turbulence. Earlier in April, the company became the tenth-largest public Bitcoin holder, cementing its position in the digital asset space.
Metaplanet isn’t alone in expanding its Bitcoin holdings. ANAP Holdings, a Japanese fashion company, also made a significant move last week, acquiring approximately 16.66 BTC, valued at about 200 million yen (around $1.4 million). The Bitcoin holdings will be managed by ANAP’s subsidiary, ANAP Lightning Capital, which plans to assess the market value of its BTC assets every quarter. Any changes in the value will be reflected in its financial statements.
For ANAP, the Bitcoin yield for the quarter stands at 12.1%, a sharp decrease from the previous quarter’s 95%. The company uses a custom metric, known as “BTC Yield,” to track the growth of Bitcoin in relation to its fully diluted shares.
In comparison to traditional financial markets, Bitcoin has shown better resilience amid instability. U.S. equities suffered a $5.4 trillion loss after President Trump introduced reciprocal tariffs earlier this month, while Bitcoin only experienced a 6% drop, highlighting its comparative stability during turbulent times.
Metaplanet’s stock on the Tokyo Stock Exchange has seen a nearly 0.9% increase since the market opened, signaling growing confidence in the company’s Bitcoin-focused strategy.
