Metaplanet has acquired 162 Bitcoin, raising its total holdings to 3,050 BTC. This marks the first occasion on which Metaplanet’s cryptocurrency investments have exceeded the 3,000 BTC milestone.
On March 12, the Japanese investment firm revealed that it had recently purchased an additional 162 BTC at an average price of 12.39 million yen (approximately $83,635) as part of its ongoing efforts to bolster its Bitcoin Treasury Operation. With this latest acquisition, Metaplanet has amassed 3,050 BTC, valued at nearly $250 million.
This represents the first time that Metaplanet’s Bitcoin Treasury has crossed the 3,000 BTC boundary. Often dubbed the “Asian MicroStrategy,” Metaplanet has been steadily increasing its Bitcoin holdings since April 2024.
At the time of writing, Bitcoin has risen by more than 2% over the past 24 hours of trading. Nonetheless, it has yet to recover from a previous downturn that saw its price drop from a high of $90,000.
Currently, Bitcoin is trading at $81,665. The leading cryptocurrency by market capitalization has fallen 6.4% in the past week and nearly 16% over the last month.
The firm’s BTC Yield, which reflects the amount of Bitcoin per share, soared by 309.8% in Q4 2024. Meanwhile, in the first quarter of 2025, calculated from January 1 to March 12, Metaplanet reported a BTC Yield of 53.2%.
Since commencing its Bitcoin purchases in April 2024, Metaplanet’s stock price has surged over 3,000%, establishing it as the top-performing stock in Japan. On March 12, Metaplanet’s share price rose by 8.6%, or 290 points, to reach $3,630. Currently, the company boasts a market capitalization of $141.8 billion, according to data from Yahoo Finance.
On the same day as its recent Bitcoin acquisition, Metaplanet announced the issuance of ¥2 billion ($13.3 million) via a zero-interest bond to further enhance its Bitcoin holdings. The bonds were approved on March 12 and are set to mature in September 2025.