Étienne Girard
Japanese investment firm Metaplanet has expanded its Bitcoin portfolio once again, acquiring 330 BTC valued at approximately $28.2 million. Despite heightened volatility driven by U.S. tariff-related market concerns, the company continues to aggressively pursue its crypto strategy — marking its third BTC purchase in April alone.
The recent acquisition was made at an average price of ¥12.18 million ($85,605) per BTC, just as the cryptocurrency broke past $87,000 for the first time since early April. At the time of writing, BTC is trading at $87,279, up 2.5% in the last 24 hours, according to market data.
Metaplanet’s Long-Term Vision: 10,000 BTC Target Still in Sight
Metaplanet began accumulating Bitcoin in April 2024, and has remained consistent in its strategy — buying even during price pullbacks caused by macroeconomic headwinds. In total, the firm has added 809 BTC this month, staying aligned with its ambitious goal of reaching 10,000 BTC by year-end.
Following its latest acquisition, Metaplanet now holds a total of 4,855 BTC at an average entry price of $89,928. This makes the Tokyo-based firm the largest BTC-holding company in Asia, and places it tenth globally among corporate BTC holders.
Inspired by Strategy: Saylor’s Influence on Institutional Bitcoin Adoption
Metaplanet’s accumulation strategy appears to mirror the path taken by Michael Saylor’s Strategy (formerly MicroStrategy), which remains a key player in institutional BTC investment. Strategy recently purchased 3,459 BTC, bringing its total holdings to 531,644 BTC.
Despite reporting unrealized Q1 losses of $5.91 billion on its BTC holdings, Saylor remains bullish. In a recent post on X, he reiterated that macroeconomic turbulence — including tariffs — won’t deter their conviction in BTC.
Stock Performance Reflects Market Confidence
Following the announcement, Metaplanet’s stock on the Tokyo Stock Exchange rose 0.85% by 1:13 p.m. local time, according to Yahoo Finance. The company’s shares have soared by a staggering 1,086% over the past year, reflecting strong investor support since it adopted its BTC-focused approach.
