Japanese investment company Metaplanet has significantly increased its Bitcoin stash, adding over 1,000 coins in a recent transaction. This latest buy pushes their total Bitcoin holdings to 7,800, which is now valued at more than $800 million AUD.
Currently, Bitcoin is trading around $102,000 USD, having dropped roughly 2% in the past 24 hours, according to CoinMarketCap. The cryptocurrency briefly hit $107,000 yesterday but lost momentum and slipped back to hold at the $102,000 support level. If Bitcoin manages to surpass the $107,000 resistance, it could surge to $110,000, beating its previous all-time high.
Figure 1: Bitcoin and Metaplanet Image (Source: PinTU)
Aggressive Buying Strategy Pays Off
Metaplanet’s purchase, which cost about 15.2 billion yen (approximately $104.6 million USD), marks its second-largest Bitcoin acquisition to date. Their biggest buy was just a week earlier, when they snapped up 1,241 Bitcoin for $129 million USD. These substantial acquisitions have propelled Metaplanet’s Bitcoin reserves above those of El Salvador, a country known for its early adoption of Bitcoin as legal tender.
Among publicly listed companies in Asia, Metaplanet now holds the largest Bitcoin balance. Globally, it ranks tenth in Bitcoin holdings among public firms. The company has been on a buying spree recently, scooping up thousands of Bitcoin in the first few months of the year — with 2,800 coins acquired just in May alone.
Their aggressive approach has contributed to impressive growth in their Bitcoin Yield — a measure of how much their Bitcoin holdings have grown relative to their shares. For example, in the first quarter of 2025, their yield nearly doubled at 95.6%. The second quarter has already seen a 47.8% yield so far.
Whales Make Moves as Corporate Interest Grows
Adding to the story, on-chain analytics firm Lookonchain revealed that a single large Bitcoin holder — often called a ‘whale’—who’ deposited 300 BTC ($26.46 million) to Binance on April 22, has now sent another 700 BTC ($72.72 million) to the exchange. This whale currently holds about 4,500 Bitcoin, worth roughly $467.3 million USD.
This movement by big players highlights growing activity in the Bitcoin market, which is mirrored by Metaplanet’s aggressive purchases and other corporate buyers. Investors are paying close attention as companies continue to ramp up their exposure to Bitcoin.
Investor Confidence and Financial Success
Metaplanet’s stock has mirrored the positive momentum of their Bitcoin strategy. Its share price, listed as 3350.T, climbed 12.6%, reaching levels not seen since mid-February. Over the last month, the stock value has more than doubled, closely tracking Bitcoin’s own rally. Since adopting a Bitcoin-focused approach, Metaplanet’s share price has soared over 15 times.
The company’s Q1 financial results for 2025 showed revenues of $6 million USD, with 88% coming from Bitcoin options trading — contracts that allow investors to speculate on Bitcoin’s price without owning the coins outright. This highlights how central Bitcoin is to Metaplanet’s business model.
Figure 2: Metaplanet and Bitcoin logo (Source: CoinStats)
Other prominent investors, like Michael Saylor, are also signalling further Bitcoin buys, reflecting growing corporate interest in the cryptocurrency. Research from investment firm River confirms that companies and businesses have been the largest net buyers of Bitcoin this year, outpacing governments, ETFs, and individual investors.
Metaplanet is clearly staking its future on Bitcoin, both as a financial asset and a core part of its business. Investors seem optimistic about this strategy, as shown by the sharp rise in the company’s stock price.
With Bitcoin hovering near historic highs, the coming weeks will be crucial. If the price breaks above $107,000 USD, it could climb quickly to $110,000 and beyond. This could encourage Metaplanet and others to increase their holdings even further, reinforcing the growing corporate embrace of cryptocurrencies.
