2-6-2025 – Japanese investment powerhouse Metaplanet Inc. has orchestrated another substantial expansion of its Bitcoin treasury strategy, cementing its position as Asia’s most aggressive corporate cryptocurrency accumulator through a carefully executed 1,088 BTC acquisition programme.
The Tokyo-based firm’s latest strategic manoeuvre represents a calculated escalation of its digital asset accumulation strategy, with the company securing additional Bitcoin holdings at an average acquisition price of 15.5 million yen per unit. This substantial purchase, valued at approximately 16.88 billion yen or $117.5 million, demonstrates Metaplanet’s unwavering commitment to its cryptocurrency-focused corporate treasury approach.
The acquisition’s significance extends beyond mere scale, as it propels Metaplanet’s aggregate Bitcoin holdings to an impressive 8,888 BTC, positioning the company tantalizingly close to its ambitious 2025 target of 10,000 Bitcoin. This milestone would establish the firm as one of the world’s most substantial corporate Bitcoin holders, rivalling established cryptocurrency treasury pioneers across global markets.
*Metaplanet Acquires Additional 1,088 $BTC, Total Holdings Reach 8,888 BTC* pic.twitter.com/X2clAIKNbR
— Metaplanet Inc. (@Metaplanet_JP) June 2, 2025
Market reaction proved decidedly positive, with Metaplanet shares surging 9.75% on the Tokyo Stock Exchange, closing at 1,171 yen during afternoon trading. This immediate price appreciation reflects investor confidence in the company’s digital asset strategy, contributing to an extraordinary year-to-date performance exceeding 236% according to financial data providers.
The financial architecture supporting these acquisitions reveals sophisticated corporate treasury management, with Metaplanet’s overall average purchase price now calculated at 13.75 million yen per Bitcoin. The company’s total aggregated expenditure has reached 122.269 billion yen, representing one of the most substantial corporate Bitcoin investment programmes undertaken by an Asian corporation.
Metaplanet’s strategic inspiration draws directly from MicroStrategy’s pioneering corporate Bitcoin playbook, developed under Michael Saylor’s visionary leadership. The Japanese firm adopted its Bitcoin treasury strategy in April 2024, subsequently executing rapid expansion that has established its position as Asia’s leading corporate Bitcoin holder and the tenth-largest globally amongst public companies.
The company’s financing strategy incorporates innovative debt instruments designed to facilitate Bitcoin accumulation without diluting shareholder equity. Last month’s $21 million zero-coupon bond issuance to Evo Fund exemplifies this approach, with the financial structure eliminating borrowing costs whilst providing acquisition capital.
These bonds, designated as the 17th series with individual face values of $525,000 each, mature on November 28, 2025, and include flexible early redemption provisions. Evo Fund maintains the option to redeem bonds entirely or incrementally with five days’ notice, potentially facilitating additional funding activities between the same parties.
The unsecured bond structure complies with Japan’s corporate legal framework whilst avoiding traditional guarantees or third-party administration requirements. Payment procedures remain centralised through Metaplanet’s Tokyo headquarters, maintaining operational simplicity whilst supporting the company’s broader cryptocurrency accumulation objectives.
