Metaplanet Buys 162 BTC ($13.5M) in Latest Purchase

Tokyo-listed investment firm Metaplanet has once again demonstrated its commitment to its aggressive Bitcoin accumulation strategy, seizing the ongoing market function to buy more BTC as prices dip. On Wednesday, the firm announced the purchase of 162 BTC worth $13.5 million. The latest acquisition comes a week after the firm bought 497 bitcoins for approximately $43.9 million.

*Metaplanet Purchases Additional 162 $BTC* pic.twitter.com/ESkiyierok

— Metaplanet Inc. (@Metaplanet_JP) March 12, 2025

These purchases come at a time when Bitcoin’s price is experiencing pressure due to recent shifts in U.S. policy, including President Donald Trump’s announcement regarding a strategic Bitcoin reserve and market reactions to new tariffs.

Metaplanet Continues BTC Buying Spree

According to a statement, the firm has completed the purchase of 162 BTC, bought at an average price of $83,123 per bitcoin. This has pushed its total holdings to 3,050 BTC, valued at $253.7 million at the current market price.

Following the purchase, Metaplanet’s stock rose 8.1% to 3,610 yen. Moreover, the company’s bitcoin strategy has paid off, as it has achieved a BTC Yield of 53.2% year-to-date, benefiting from the growing appeal of the leading cryptocurrency as an alternative asset amid Japan’s ongoing financial uncertainty.

Notably, the latest acquisition comes hours after the firm issued ¥2 billion ($13.3 million) through a zero-interest bond to increase its Bitcoin holdings. These bonds are set to mature on September 11, 2025. The company plans to redeem them using proceeds from the exercise of its 14th to 17th Series of Stock Acquisition Rights. The funds raised will be directed toward Metaplanet’s Bitcoin acquisition strategy. 

Metaplanet’s Bitcoin Strategy

Metaplanet has gradually grown its Bitcoin holdings since it adopted a Bitcoin-focused strategy in 2023 to hedge against Japan’s economic challenges, including high national debt and currency depreciation.

Nicknamed “Asia Strategy,” the investment firm appears to be working toward its ambitious goal of accumulating 10,000 BTC by the end of this year. It also said it targets to hold 21,000 BTC by the end of 2026. 

Its commitment to boosting its bitcoin stash positions it as a significant corporate BTC holder in Asia. This mirrors a rising trend among institutional investors for Bitcoin exposure. Meanwhile, the leading cryptocurrency traded at $81,460 at press time, representing a mild 1.2% surge in the last 24 hours.