Metaplanet purchased an additional 1,111 Bitcoins for around 17.2 billion yen ($118.2 million), and expanded its Bitcoin holdings as it has a wealth of adoption in Bitcoin.
According to the company submitted on June 23, the Tokyo-listed company acquired Bitcoin at an average price of 15.5 million yen ($106,408) per coin. The purchase will bring Metaplanet’s total holdings of 11,111 BTC, with a total cost basis of 156.4 billion yen ($1.07 billion) at an average purchase price of 110 million yen ($95,869).
Corporate Bitcoin accumulation continues to accelerate globally. From 592,100 BTC for strategy to 11,111 BTC for Metaplanet, we see unprecedented institutional adoption across the market.
The purchase comes as Bitcoin was recovered from the $98,000 weekend minimum following US airstrikes at Iran’s nuclear facilities. Metaplanet demonstrates consistent Bitcoin acquisition through market volatility.
Metaplanet’s aggressive accumulation strategy and its success have created a blueprint for Asian companies seeking to diversify the Treasury holdings.
The company reports strong quarterly performance metrics, and Bitcoin yields – measuring shares held compared to fully diluted stocks – reaching 107.9% in the first quarter of 2025, yielding 95.6% in the first quarter and 309.8% in the fourth quarter.
We are witnessing fundamental changes in corporate financial management. “As more than 130 public companies currently hold value of over $100 billion, institutional adoption continues to accelerate across the sector.”
Metaplanet aims to acquire 210,000 BTC by 2027, and in 2024 it aims to officially turn its Bitcoin finance business into its core business line. The company’s shares fell 8.20% after the announcement as the market handled wider geopolitical tensions.
At the press conference, Bitcoin will trade at $101,569, a 0.67% drop in the last 24 hours as the market stabilizes after weekend volatility.
