Japanese investment firm Metaplanet has made headlines by overtaking Coinbase in Bitcoin holdings, now securing its position as the ninth-largest publicly traded Bitcoin holder worldwide. With a recent purchase of 1,112 BTC for $117.2 million, Metaplanet’s total Bitcoin stash has reached an impressive 10,000 BTC, valued at approximately $947 million at an average acquisition price of $94,698 per coin 2
A New Leader in Corporate Bitcoin Adoption
Metaplanet’s aggressive Bitcoin strategy has not only set a new benchmark in Asia—making it the region’s largest corporate Bitcoin holder—but also signals a broader trend of institutional adoption. The company’s market value has soared past ¥1 trillion (about $6.9 billion), with shares jumping over 2,000% in the past year, outpacing many traditional Japanese blue-chip stocks.
How Metaplanet Funds Its Bitcoin Ambitions
To fuel its rapid accumulation, Metaplanet recently issued $210 million in zero-percent ordinary bonds, earmarking the proceeds for further Bitcoin purchases. This innovative financing approach underlines the company’s commitment to expanding its digital asset treasury.
Performance and Market Impact
Metaplanet’s Bitcoin yield—measuring the growth in holdings relative to fully diluted shares—has delivered robust quarterly results: 41.7% in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025, and 87.2% so far in Q2 2025 1. The company’s stock surged over 17% following the latest announcement, reflecting strong investor confidence in its crypto-centric strategy.
A Global Shift in Corporate Crypto Treasuries
Metaplanet’s rise is part of a larger movement, with over 150 public companies now collectively holding more than $100 billion in Bitcoin. This trend, once pioneered by firms like MicroStrategy, is now a global phenomenon, reshaping how corporations manage their balance sheets and hedge against traditional market risks 2.
What’s Next for Metaplanet and Corporate Bitcoin?
With Bitcoin trading at around $107,000 and corporate adoption accelerating, Metaplanet’s bold moves are likely to inspire further institutional interest in digital assets. As the company continues to innovate in both financing and treasury management, it stands as a case study for the future of corporate crypto strategy.
