Metaplanet Amplifies Bitcoin Holdings by $93 Million, Solidifying Its Lead in Asia Despite Stock Dip

Metaplanet Expands Bitcoin Treasury With Major $93 Million Acquisition

Metaplanet, a Tokyo-listed Bitcoin investment firm, has reinforced its cryptocurrency strategy with the purchase of an additional 780 Bitcoin, valued at approximately $93 million (13.7 billion JPY), according to a disclosure dated July 28. This significant acquisition boosts Metaplanet’s total Bitcoin holdings to an impressive 17,132 BTC.

The latest purchase is among the company's largest single-month buys since it shifted focus to a Bitcoin-centric treasury approach. With this acquisition, the total value of Metaplanet’s Bitcoin stash has surged to roughly $1.7 billion. The company’s average cost per Bitcoin now stands at around $99,200 (¥14.78 million), highlighting a strong commitment to long-term Bitcoin accumulation.

 

Strategic Vision: Targeting 1% of All Bitcoin

Metaplanet’s aggressive accumulation underscores its ambition to become a powerhouse in the Bitcoin space, with a bold goal of controlling 1% of Bitcoin’s total circulating supply by acquiring 210,000 BTC by 2027. This acquisition strengthens Metaplanet’s position as Asia's largest publicly listed cryptocurrency holder, setting a benchmark for institutional Bitcoin reserves in the region.

While Metaplanet continues to dominate the Asian market, its standing has slipped slightly on the global stage. According to data from Bitcointreasuries, Metaplanet now ranks seventh worldwide—down from fifth earlier this year—as competitors ramp up their own Bitcoin portfolios.

 

Slowing BTC Yield and Market Challenges

In its latest disclosure, Metaplanet reported a BTC Yield—measuring the change in Bitcoin holdings per fully diluted share—of 22.5% for July 1 to 28. This figure marks a substantial slowdown from the robust 129.4% posted in the second quarter, reflecting the challenges of maintaining rapid growth as market conditions fluctuate.

Despite the mounting value of its cryptocurrency holdings, Metaplanet’s stock performance has lagged. Shares have dropped by nearly 40% from this year’s highs, trading around ¥1,150—its lowest point since early June. The decline is notable given the 20% gain in the value of the company’s Bitcoin portfolio, indicating that factors such as valuation concerns, share dilution, and investor profit-taking are influencing stock performance.

This downward trend mirrors wider volatility in the Bitcoin treasury stock sector. Other major players have also experienced pullbacks, even as Bitcoin itself hovers near all-time price highs, suggesting a broader market correction may be at play.

 

Remixpoint: Japan’s Next Big Bitcoin Holder

In the wake of Metaplanet’s crypto-forward strategy, another Tokyo-based company is making strategic moves into Bitcoin. Remixpoint, an energy consulting and technology firm, has begun accumulating its own reserves, targeting at least 3,000 BTC based on market conditions and performance.

Remixpoint made headlines recently by becoming the first listed Japanese company to pay its CEO entirely in Bitcoin—a powerful signal of its faith in blockchain technology. To date, the firm has acquired approximately 1,051 BTC, expanding its overall cryptocurrency portfolio to around $116 million.

 

Institutional Bitcoin Adoption Accelerates in Japan

As Japanese public companies like Metaplanet and Remixpoint intensify their Bitcoin buying, institutional crypto adoption in the region is gaining momentum. With strong leadership, innovative treasury strategies, and a continued bullish stance on digital assets, these firms signal growing confidence in Bitcoin as a long-term store of value and disruptive financial technology.