Metaplanet, the Tokyo-listed firm recognized as Asia’s largest public Bitcoin holder, has expanded its reserves once again with a significant new purchase. The company announced on September 22 that it had acquired 5,419 BTC, taking its total holdings to 25,555 BTC.
Latest Acquisition Details
The purchase was executed at an average price of 17.28 million yen (≈$115,900) per Bitcoin, amounting to an investment of 93.65 billion yen (≈$627 million).
This latest move brings Metaplanet’s cumulative holdings to a market value of 398.21 billion yen (≈$2.67 billion), with an average acquisition cost of 15.58 million yen ($104,400) per BTC.
Rapid Growth Through Strategic Accumulation
Since launching its Bitcoin treasury program, Metaplanet has aggressively increased its reserves. The company’s stash grew from 13,350 BTC in June to over 25,500 BTC in September, nearly doubling within three months.
To measure progress, Metaplanet tracks a performance metric called “BTC Yield,” which reflects the growth in Bitcoin per diluted share. Between July 1 and September 22, the BTC Yield was 10.3%, showing solid growth despite equity issuance.
Much of this expansion has been fueled by capital market activities. Earlier this month, Metaplanet completed an international share offering raising over $1 billion, with roughly half already deployed into Bitcoin.
Market Position and Long-Term Goals
The latest acquisition strengthens Metaplanet’s standing, surpassing corporate reserves held by Coinbase and Tesla, and solidifying its dominance as Asia’s largest public Bitcoin holder.
Looking ahead, the company has outlined ambitious targets:
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30,000 BTC by the end of 2025
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100,000 BTC by 2026
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210,000 BTC by 2027 — nearly 1% of Bitcoin’s fixed supply.
In recognition of its growing influence, Metaplanet was recently upgrad to mid-cap status by FTSE Russell in September. Its inclusion in the All-World and FTSE Japan indexes has also positioned it as a go-to Bitcoin proxy stock for institutional investors.
A Long-Term Bitcoin Strategy
Metaplanet’s aggressive Bitcoin accumulation echoes the playbook of U.S.-based Strategy, emphasizing long-term treasury growth over short-term market volatility. With its latest purchase, the firm continues to establish itself at the heart of Asia’s digital asset market.
