### Metaplanet Makes a Bold Move in Bitcoin Investment
Japanese publicly traded company Metaplanet, inspired by Strategy’s Bitcoin treasury model, has made a significant investment—spending around $13 million on Bitcoin just hours before its drop to a three-month low on Tuesday.
### Metaplanet Purchases Another 135 BTC
Metaplanet, listed on the Tokyo Stock Exchange, announced that it acquired Bitcoin at an average price of ¥14,360,449 ($96,185) per coin. This latest purchase brings the company’s total Bitcoin holdings to 2,225 BTC, valued at approximately $196 million at current market prices. This acquisition occurred just before Bitcoin’s price fell to as low as $87,115 on Tuesday, marking its lowest level since mid-November. As of the time of this publication, Bitcoin is trading around $88,929, according to CoinGecko. With this treasury stash, Metaplanet ranks 14th among publicly traded companies, as reported by Bitcoin Treasuries. So far this year, the company has achieved an impressive “BTC yield” of 23.2%. According to its latest disclosure, Metaplanet acquired all its Bitcoin for 12,441,856 yen at an average price of $81,195 per BTC.
Metaplanet has been on a Bitcoin buying spree in recent months, having announced in May 2024 that it adopted Bitcoin as its strategic treasury reserve asset. Meanwhile, Michael Saylor-led Strategy remains the largest corporate Bitcoin holder, boasting nearly 500,000 BTC in total holdings. Notably, Strategy pioneered the BTC Yield indicator, a key performance metric that measures the percentage change over time in the ratio of the company’s total Bitcoin holdings to its assumed diluted outstanding shares.
### Metaplanet Already Owns 0.01% Of Total Bitcoin Supply
Metaplanet’s aggressive accumulation strategy follows its announcement in January that it aims to increase its Bitcoin holdings by 470% within the year, targeting 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. According to the company’s Director of Bitcoin Strategy, Dylan Le Clair, Metaplanet has already completed 5.54% of its ambitious “21 Million Plan,” raising approximately $47 million through the exercise of stock acquisition rights to acquire even more BTC. Just last week, Metaplanet proudly announced that it now owns about 0.01% of Bitcoin’s total supply.
