Metaplanet Becomes Top Bitcoin Holder in Japan

Metaplanet Now Owns 0.01% of Bitcoin’s Supply

Japanese firm Metaplanet Inc. has reached a major milestone, now holding 0.01% of Bitcoin’s 21 million supply limit. This achievement places the company among the top 15 corporate Bitcoin holders globally.

The firm’s latest acquisition saw it purchase 68.59 BTC for approximately $6.6 million, at an average price of $96,335 per BTC, according to a Wednesday statement. With this latest purchase, Metaplanet’s total Bitcoin holdings now stand at 2,100 BTC, valued at over $204 million at today’s prices.

Following Michael Saylor’s Bitcoin Playbook

Metaplanet has modeled its Bitcoin strategy after Strategy (formerly MicroStrategy) co-founder Michael Saylor, aggressively expanding its reserves to become a leading corporate Bitcoin holder.

Since its pivot towards Bitcoin in April 2024, the Tokyo-based firm has steadily increased its BTC reserves, with ambitious targets to reach:

• 10,000 BTC by the end of 2025
• 21,000 BTC by 2026

The company views Bitcoin as a hedge against Japan’s economic challenges, including high national debt and currency depreciation.

Innovative Funding for Bitcoin Expansion

Metaplanet’s Bitcoin acquisition strategy is backed by innovative financing methods, including a $745 million issuance of zero-discount moving strike warrants—Asia’s largest-ever equity capital raise for Bitcoin.

Additionally, the firm recently secured $25.9 million (¥4 billion) through zero-interest, unsecured bonds dedicated to further Bitcoin purchases.

Bitcoin Strategy Yields Big Returns

Metaplanet’s BTC strategy has paid off, with impressive yield performance:

• 18% year-to-date for 2025
• 309.8% in Q4 2024

BTC yield performance measures the percentage change in total Bitcoin holdings relative to fully diluted shares outstanding, a key metric for evaluating the firm’s Bitcoin acquisition effectiveness.

By purchasing Bitcoin in stages during favorable market conditions, Metaplanet has protected shareholder value while scaling its crypto reserves.

Following the milestone announcement, Metaplanet’s stock rose 2.78%, closing at $41.90 (¥6,290.00) on Tuesday, per Google Finance data.

Corporate Bitcoin Adoption on the Rise

Metaplanet isn’t alone in its Bitcoin strategy. A growing number of corporations across industries are allocating capital to Bitcoin, including:

• Rumble Inc., which plans to buy up to $20 million in BTC.
• KULR Technology, which recently added 510 BTC to its balance sheet.
• Gumi Inc., Japan’s leading mobile game developer, preparing to acquire $6.58 million in Bitcoin for its Web3 and blockchain initiatives.

Metaplanet Joins the Big League of Bitcoin Holders

Despite its growth, Strategy remains the largest corporate Bitcoin holder, with:

• 478,740 BTC, valued at over $46 billion.
• Mara Holdings (45,221 BTC) and Riot Platforms (18,211 BTC) following behind, per Bitcoin Treasuries data.

Strategy’s executive chairman Michael Saylor acknowledged Metaplanet’s latest Bitcoin purchase, describing its holdings as “One Basis Point of Bitcoin.”

With ambitious growth plans, Metaplanet is positioning itself as Asia’s leading Bitcoin-focused corporation, embracing BTC as a core financial strategy for long-term stability and value appreciation.