Metaplanet, widely referred to as Japan’s MicroStrategy, has once again made headlines with its latest Bitcoin acquisition. The firm has purchased an additional 269.43 BTC, bringing its total holdings to 2,100 BTC in less than a year. This milestone means Metaplanet now holds 0.01% of Bitcoin’s total supply, a significant achievement for a company that only began accumulating BTC in April 2024.
Aggressive Bitcoin Accumulation Strategy
Earlier today, Metaplanet revealed its ambitious goal to expand its Bitcoin reserves tenfold by the end of 2026. The latest purchase of 68.59 BTC for $6.6 million at an average price of $96,335 per BTC underscores the company’s strategic buying approach—capitalizing on market dips before Bitcoin’s recovery to $97,000.
As of February 20, 2025, Metaplanet’s total Bitcoin investment stands at $169.9 million, with an average acquisition price of $80,905 per BTC. The firm’s Bitcoin holdings have generated an 18% year-to-date (YTD) return in 2025, reinforcing its conviction that BTC is the ultimate scarce asset.
Securing Funds to Fuel Expansion
Metaplanet has successfully raised approximately $20 million in equity capital through its “21M Plan,” a strategy aimed at fortifying its Bitcoin reserves. According to Metaplanet Bitcoin Strategist Dylan LeClair, the firm is committed to further strengthening its BTC position.
Additionally, the company secured JPY 4 billion ($27 million) through 0% unsecured bonds, with funds earmarked for further Bitcoin purchases in 2026 and 2027. Metaplanet has already allocated over $700 million toward its mission of adding 21,000 BTC to its treasury by the end of 2026. Industry titan Michael Saylor has praised the company’s Bitcoin-centric approach, drawing parallels to MicroStrategy’s own BTC accumulation strategy.
One Basis Point of Bitcoin https://t.co/KnNyajjwEa
— Michael Saylor⚡️ (@saylor) February 20, 2025
Metaplanet Stock Surges Amid Bitcoin Expansion
Metaplanet’s aggressive Bitcoin strategy has reflected positively on its stock performance. Since the start of 2025, its share price has surged 75%, hitting an all-time high of 7,000 JPY earlier this month. Despite a slight retracement, the stock remains on an upward trajectory, gaining 2% today to trade at 6,260 JPY.
Further cementing its influence, Metaplanet has become the largest component in the CoinShares Blockchain Global Equity Index (BLOCK Index), with a 6.27% weighting. CEO Simon Gerovich emphasized the firm’s commitment to a Bitcoin-first strategy, stating, “We’re honored to stand alongside industry leaders and demonstrate what a Bitcoin-focused approach can achieve.”
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With its aggressive acquisition strategy and growing market recognition, Metaplanet is positioning itself as a formidable force in the Bitcoin ecosystem. The company’s commitment to increasing its BTC reserves tenfold by 2026 signals a strong conviction in Bitcoin’s future as a store of value.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Metaplanet Increases Bitcoin Holdings to Hedge Against Japan’s Economic Challenges