4 Minutes
Metaplanet ramps up BTC accumulation with a $632M buy
Japan-listed Metaplanet announced a fresh and sizable addition to its corporate Bitcoin treasury this week, purchasing 5,419 BTC for approximately $632.53 million. The company executed the trade at an average price near $116,724 per BTC, the largest single BTC acquisition disclosed by the firm to date. The move reinforces Metaplanet’s aggressive, Bitcoin-focused capital allocation and pushes the firm back into the list of the world’s top five public corporate Bitcoin holders.
Holdings and treasury metrics
According to CEO Simon Gerovich, Metaplanet’s consolidated Bitcoin holdings now total 25,555 BTC, acquired for roughly $2.71 billion at an average cost of about $106,065 per coin as of September 22, 2025. The company also reports an impressive BTC yield performance for the year: a 395.1% BTC Yield YTD 2025, a metric Metaplanet uses to communicate the relative performance of its treasury strategy.
Top-five re-entry and market context
With this purchase, Metaplanet surpasses Bullish, which holds around 24,300 BTC, and secures a rank among the five largest corporate Bitcoin holders globally. At the top of the corporate holder list remains Michael Saylor’s strategy with a reported 638,985 BTC. These shifts highlight continued corporate demand for Bitcoin as a strategic reserve asset and underline the dynamic nature of institutional accumulation.
Strategic roadmap and fundraising
Metaplanet’s accumulation has been rapid. The company moved from about 4,525 BTC in mid-April 2025 to its current position, having already met several internal targets ahead of schedule. Metaplanet initially targeted 10,000 BTC by the end of 2025 and reached that milestone on June 16. Later, the firm set a new goal of 21,000 BTC by 2026 before revising its treasury plan more ambitiously.
Branded internally as the “Asian Strategy,” Metaplanet unveiled a larger initiative — the “555 Million Plan” — to raise $5.4 billion with the objective of acquiring up to 210,000 BTC by 2027. Earlier this month, the company completed a $1.4 billion capital raise through the issuance of 385 million new shares to fund additional Bitcoin purchases.
Market reaction and price movement
Despite the aggressive buy, Metaplanet’s stock slipped 1.64% in Japan on the day of the announcement, according to Google Finance. The equity has seen volatility — down more than 28% over the past month but still up roughly 66.7% year-to-date. Meanwhile, Bitcoin’s price dipped under $115,000 during the same period, falling about 0.94% in 24 hours to trade near $114,503 at press time.
Analysts point to a mix of technical resistance levels, concentrated whale flows, and ongoing regulatory headlines as contributing factors to the short-term price softness. For corporate buyers, such price fluctuations present both risk and opportunity in building a long-dated BTC treasury position.
What this means for corporate Bitcoin strategy
Metaplanet’s latest transaction underscores several trends in the corporate Bitcoin narrative: public companies continue to view BTC as a strategic reserve asset; capital markets and equity issuance remain a viable route to fund crypto purchases; and transparent disclosure of average purchase price and aggregated holdings helps markets assess institutional intent and impact.
As more listed firms disclose treasury policy details and cumulative holdings, market observers will continue to monitor concentration among large corporate holders and how their activity influences liquidity, volatility, and broader institutional adoption of Bitcoin.
For readers tracking institutional accumulation, Metaplanet’s update is a notable data point in 2025’s evolving landscape of corporate Bitcoin ownership and treasury strategy.
Source: cryptonews
Comments