Japan-listed Metaplanet made headlines this week with its substantial acquisition of 5,419 Bitcoin valued at approximately $632.53 million. This transaction, executed at an average price of around $116,724 per Bitcoin, underscores the company’s ongoing commitment to bolstering its Bitcoin-centric treasury strategy. CEO Simon Gerovich shared this news on social media platform X, stating that as of September 22, 2025, Metaplanet holds a total of 25,555 Bitcoin, amassed for a total cost of $2.71 billion, translating to an average purchase price of $106,065 per Bitcoin.
This latest purchase firmly secures Metaplanet’s position among the top five largest corporate holders of Bitcoin, overtaking Bullish. Notably, Michael Saylor’s strategy remains at the top, with a commanding total of 638,985 BTC in its portfolio. The recent acquisition not only marks Metaplanet’s largest Bitcoin purchase to date but also contributes to an impressive Bitcoin yield of 395.1% year-to-date for 2025, according to Gerovich’s report.
Metaplanet’s strategy towards Bitcoin acquisition has been described as both aggressive and transparent. Just a few months ago, in mid-April 2025, the firm reported total Bitcoin holdings of only 4,525 BTC, placing it among the top ten public companies in Bitcoin holdings. Initially setting a goal to accumulate 10,000 BTC by the end of 2025, Metaplanet achieved this milestone by June 16. As part of its ambitious plans, the company initially targeted the acquisition of 21,000 BTC by 2026 but later revised its treasury strategy to align with its expanding vision.
Known as the “Asian Strategy,” Metaplanet recently introduced its “555 Million Plan,” which aims to raise $5.4 billion to facilitate the purchase of 210,000 BTC by 2027. To support these ambitious plans, the company completed a share sale earlier this month, raising $1.4 billion through the issuance of 385 million new shares, specifically earmarked for additional Bitcoin acquisitions.
However, the news of Metaplanet’s aggressive investment coincided with a decline in its stock value, which fell by 1.64% in Monday trading in Japan. The stock has experienced a downturn of over 28% in the past month, although it remains up 66.71% year-to-date. Concurrently, the price of Bitcoin slipped below $115,000, trading at around $114,491. This decline in Bitcoin’s value mirrors broader trends in the cryptocurrency market, influenced by factors such as technical resistance, whale activity, and evolving regulatory developments.
