TLDR
- Metaplanet purchased 1,004 Bitcoin worth approximately $104.6 million on May 19, 2025
- This is Metaplanet’s second-largest single Bitcoin purchase ever
- Metaplanet now holds 7,800 Bitcoin valued at around $807 million
- The company’s shares jumped 12% on the Tokyo Stock Exchange following the announcement
- Metaplanet has reached 78% of its goal to accumulate 10,000 BTC by the end of 2025
Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, acquiring 1,004 Bitcoin for approximately $104.6 million. This latest purchase, disclosed on May 19, brings the company’s total Bitcoin holdings to 7,800 BTC, worth around $807 million at current market prices.
*Metaplanet Acquires Additional 1,004 $BTC* pic.twitter.com/r86rLc7ngh
— Metaplanet Inc. (@Metaplanet_JP) May 19, 2025
The purchase was made as Bitcoin came within 3% of its all-time high, with the cryptocurrency recently surpassing the $100,000 mark. Metaplanet paid an average price of $97,182 per Bitcoin for this latest acquisition.
The Tokyo-listed firm has been aggressively accumulating Bitcoin in recent months. In May alone, Metaplanet has added 2,800 Bitcoin to its treasury. This follows six purchases in March totaling 1,655 BTC and four purchases in April amounting to 794 BTC.
With this latest purchase, Metaplanet now holds the largest Bitcoin reserves of any public company in Asia. Globally, it ranks tenth among public firms in terms of Bitcoin holdings, according to data from BiTBO.
Market Impact and Financial Performance
The announcement sent Metaplanet’s stock price soaring by 12% on the Tokyo Stock Exchange. This pushed the company’s shares to levels not seen since February, while its market capitalization rose to ¥365.12 billion (approximately $2.34 billion).
Metaplanet has reported strong financial results from its Bitcoin strategy. The firm disclosed a first-quarter BTC Yield of 95.6% and a second-quarter yield so far of 47.8%. These figures represent the ratio of percentage change in Bitcoin holdings per fully diluted share.
Based on current Bitcoin prices, Metaplanet now holds an unrealized profit of $77.4 million on its Bitcoin investments, according to information from the company’s website. The firm’s total investment in Bitcoin to date stands at approximately $712.5 million.
Corporate Bitcoin Holdings Landscape
If Metaplanet purchases another 301 BTC, it would surpass Galaxy Digital Holdings, which currently holds 8,100 Bitcoin. The company is also approaching the holdings of other major corporate Bitcoin holders such as Jack Dorsey’s Block Inc, which holds 8,584 BTC, and U.S.-based cryptocurrency exchange Coinbase, which holds 9,267 BTC.
Metaplanet CEO Simon Gerovich has previously stated that the company aims to accumulate 10,000 BTC by the end of 2025. With the latest purchase bringing total holdings to this target.
At the top of the corporate Bitcoin holdings list remains Michael Saylor’s Strategy, which leads with 568,840 Bitcoin worth around $59 billion. Strategy accounts for 77% of the growth in Bitcoin holdings among corporations so far this year, according to BTC investment firm River.
Michael Saylor has recently hinted at another Bitcoin purchase, posting a screenshot of the Saylor tracker (which follows the firm’s Bitcoin portfolio) on social media platform X. “Never short a man who buys orange ink by the barrel,” Saylor commented.
Never short a man who buys orange ink by the barrel. pic.twitter.com/4h2sEbIraT
— Michael Saylor (@saylor) May 18, 2025
According to research from River published on May 12, corporations and businesses are currently the largest net buyers of Bitcoin this year, outpacing exchange-traded funds, governments, and retail investors.
The price of Bitcoin has been buoyed by optimism over U.S.-China tariff discussions, helping push the cryptocurrency’s value above the $100,000 mark. This positive market sentiment has benefited Metaplanet’s investment strategy as the firm continues its Bitcoin accumulation plan.
Metaplanet’s latest Bitcoin purchase represents a continuation of the growing trend of corporate Bitcoin adoption, as more companies look to add the cryptocurrency to their balance sheets as a treasury reserve asset.
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