Metaplanet Becomes Asia's Largest Corporate Bitcoin Holder After New Purchase
Japanese investment firm Metaplanet has increased its Bitcoin holdings to more than $400 million following its latest purchase. The company acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, according to an April 21 post from CEO Simon Gerovich.
This acquisition brings Metaplanet's total holdings to 4,855 Bitcoin worth approximately $414 million. The firm's Bitcoin yield has exceeded 119% year-to-date after this latest investment. To fund part of the purchase, Metaplanet issued 2 billion Japanese yen ($13.3 million) of bonds on March 31.
Metaplanet has demonstrated consistent commitment to its Bitcoin strategy throughout early 2025. In February, the company purchased 135 Bitcoin worth $12.9 million at an average price of $95,951, bringing its holdings to 2,235 BTC. This represented significant growth from the 141 BTC it owned in June 2024.
With $414 million in Bitcoin holdings, Metaplanet now ranks as Asia's largest and the world's 10th-largest corporate Bitcoin holder, according to Bitbo data. The company has been compared to Michael Saylor's Strategy, often being referred to as "Asia's MicroStrategy."
The latest acquisition is part of Metaplanet's broader goal to accumulate 21,000 BTC by 2026. This target aligns with the company's mission to drive Bitcoin adoption throughout Japan. Metaplanet continues to build its position as a major institutional Bitcoin investor in the Asian market.
Strategy remains the world's largest corporate Bitcoin holder. Just a week before Metaplanet's announcement, Strategy purchased 3,459 BTC for $285.5 million at an average price of $82,618 per BTC. This brought Strategy's total holdings to 531,644 BTC, acquired for a cumulative $35.92 billion.
Market analysts note that institutional investments from companies like Strategy and Tether are changing Bitcoin's traditional four-year cycle. Joe Burnett, director of market research at Unchained, predicts Bitcoin may reach $1.8 million by 2035, as it gains recognition as a savings technology that could rival gold's $21 trillion market capitalization.
