Japanese technology company Metaplanet has acquired an additional 319 bitcoin worth approximately ¥3.78 billion ($26.3 million), continuing its aggressive bitcoin accumulation strategy amid growing U.S.-China trade tensions.
Tokyo listed Company purchased the bitcoin at an average price of ¥11.85 million ($83,147) per coin, according to a company announcement on Monday. Metaplanet has now acquired 4,525 BTC at an average price of $90 194 per coin. The total cost basis is $408.1 million.
During Asian trading, bitcoin dropped more than 2% over the weekend to $83,482. Crypto and bitcoin markets have been sensitive to the emergence of geopolitical tensions.
Metaplanet, also known as Asia’s MicroStrategy” has announced ambitious plans to increase its Bitcoin holdings by 470% by 2025, and by 2026 to 21,000 BTC. The company assesses its performance by “BTC Yield,” A measure of the bitcoin growth in relation to the number of shares. Metaplanet’s BTC yield for Q1 2025 was 95.6%. The year-to date figure as of April 14th is 6.5%.
With its latest action, the company has risen to be the ninth largest public bitcoin holder in global terms. Metaplanet has received additional attention for its bitcoin strategy following Eric Trump’s recent appointment to the Strategic Advisory Board. Trump is cited as having a passion and expertise for bitcoin. This purchase was made at a time when investors were analyzing mixed signals coming from Washington about U.S. Trade Policy.
Metaplanet’s Bitcoin acquisition strategy relies on a number of capital market activities such as bond and stock acquisition rights to help raise money while minimizing shareholder dilution. Approximately 41.7% has been executed by the company. “210 million plan.”
Metaplanet’s strategy to accumulate bitcoins closely mirrors Michael Saylor’s Strategy’s playbook. However, it is on a small scale. The Japanese company has shown remarkable success since launching their bitcoin treasury operation. They have used a similar strategy of using financial instruments and opportunities on the market to purchase bitcoin.
Metaplanet uses a similar mix of equity and debt-linked instruments, as has Strategy to keep a balanced balance sheet. In just over one year, the strategy produced impressive results. Metaplanet’s bitcoin holdings grew to 4,500 BTC.
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Source: bitcoinmagazine.com
