Japanese investment firm Metaplanet has executed its second-largest Bitcoin acquisition to date, purchasing 1,004 BTC worth $104.3 million on May 19, 2025. This strategic move brings the company’s total Bitcoin holdings to 7,800 BTC valued at approximately $812 million, cementing its position as Asia’s most Bitcoin-heavy publicly traded company.
The transaction occurred at an average price of $103,885 per Bitcoin, according to real-time data from CoinGecko. This purchase follows Metaplanet’s April 2025 corporate treasury policy shift to prioritize Bitcoin over Japanese yen holdings, mirroring MicroStrategy’s pioneering strategy in the United States.
Market analysts note the timing coincides with Japan’s currency devaluation, with the yen hitting 178 against the US dollar – its weakest level since 1990.
Metaplanet’s Bitcoin Strategy
The Tokyo-based firm has accelerated its Bitcoin accumulation since Q1 2025:
- 6,038 BTC purchased year-to-date
- 78% progress toward 10,000 BTC target
- 56.61% stock price surge since strategy announcement
Company CFO Kenji Yamaguchi stated: “Our treasury reserves require protection from fiat debasement risks. Bitcoin’s fixed supply and global liquidity make it the ideal hedge.”
Bitcoin Market Impact
The cryptocurrency market reacted immediately to the news:
Metric | Change |
---|---|
Bitcoin Price | +2.5% (24h) |
Exchange Volume | +15% (Binance/Coinbase) |
Nikkei 225 Index | +1.8% (Session close) |
Notably, Metaplanet shares (TYO: 3350) surged 15% following the announcement, outperforming Japan’s broader stock market.
Institutional Adoption Trend
Metaplanet joins growing corporate Bitcoin adoption:
- MicroStrategy: 214,400 BTC ($35B)
- Tesla: 10,800 BTC ($1.1B)
- Block Inc: 8,027 BTC ($835M)
“This validates Bitcoin’s role as a corporate treasury asset,” said Bloomberg Intelligence analyst Mike McGlone. “Asia’s entry into this space could accelerate global adoption.”
Install Coin Push mobile app to get profitable crypto alerts. Coin Push sends timely notifications – so you don’t miss any major market movements.
The record purchase has reignited debates about Bitcoin’s volatility versus its inflation-hedging potential. With $2.1 billion in Bitcoin futures open interest added since Metaplanet’s announcement, derivatives traders appear bullish on continued institutional demand. Market watchers now anticipate whether other Japanese firms will follow Metaplanet’s lead in adopting Bitcoin treasury reserves.