Metaplanet expands Bitcoin holdings to over $400 million with recent acquisition

Metaplanet, a prominent Japanese investment firm, recently announced its acquisition of an additional 330 Bitcoin for approximately $28.2 million, increasing its total Bitcoin holdings to 4,855. This strategic purchase enhances Metaplanet's stature as the largest public Bitcoin holder in Asia and the tenth largest globally, according to its CEO, Simon Gerovich.

As of April 21, 2025, Gerovich updated that the firm's total investment in Bitcoin reaches approximately $414.5 million, with an average purchase price of $85,386 per Bitcoin. The recent acquisition marked the firm’s third purchase of Bitcoin within the month, amid a backdrop of market turbulence characterized by US tariffs and broader pessimism regarding price movements.

Metaplanet financed the latest purchase by raising $13.3 million through bonds. The firm's ambitious aim is to amass 21,000 Bitcoin by the year 2026, reflecting an increasing demand for Bitcoin in Japan. CEO Gerovich also indicated that Metaplanet has achieved a Bitcoin yield of 119.3% year-to-date in 2025, signifying a successful investment strategy.

Despite prevailing market challenges, Bitcoin has been noted for outperforming U.S. equities, with a realized volatility of 43.86 in early April 2025, in comparison to the S&P 500's 47.29 and the Nasdaq 100's 51.26. This performance is propelling companies, including Metaplanet, to consider Bitcoin as both a strategic asset and a hedge against fiat currency depreciation.

In addition to Metaplanet, Remixpoint—another Japanese firm—has also begun accumulating Bitcoin to mitigate the effects of the yen’s depreciation, holding a total of 333.19 BTC. This reflects a broader trend among Japanese companies recognizing Bitcoin's potential as a robust asset amid a fluctuating financial landscape.