Metaplanet Enhances Bitcoin Holdings to Over $400M with New Acquisition

Metaplanet, a Japanese investment firm, has increased its Bitcoin holdings to over $400 million after acquiring 330 BTC for $28.2 million. This brings their total to 4,855 BTC, valued at $414 million. Metaplanet aims to accumulate 21,000 BTC by 2026, positioning itself as a leading corporate Bitcoin holder alongside firms like Strategy. Analysts predict positive long-term price movements for Bitcoin.

Metaplanet, a Japanese investment firm, has significantly boosted its Bitcoin holdings, surpassing $400 million after acquiring an additional 330 BTC for approximately $28.2 million. This latest purchase increased the firm’s total Bitcoin portfolio to 4,855 BTC, currently valued at $414 million, as stated by CEO Simon Gerovich on April 21. Notably, Metaplanet has achieved a Bitcoin yield exceeding 119% year-to-date following this acquisition.

To fund this purchase, Metaplanet issued bonds worth 2 billion Japanese yen (approx. $13.3 million) on March 31. This strategic move has positioned Metaplanet as Asia’s largest and the world’s tenth largest corporate Bitcoin holder according to Bitbo data. Market analyst Enmanuel Cardozo indicated that the growing influence of firms like Strategy and Tether is accelerating Bitcoin’s four-year cycle, predicting market movements towards a potential bottom around Q3 of this year.

As part of its long-term strategy, Metaplanet aims to accumulate a total of 21,000 BTC by 2026, which aligns with its goal to enhance Bitcoin adoption within Japan. This initiative has earned it the nickname “Asia’s MicroStrategy,” given its ambition to rival companies like Michael Saylor’s Strategy, which remains the largest public Bitcoin holder.

Just prior to Metaplanet’s announcement, Strategy purchased 3,459 BTC for $285.5 million, increasing its holdings to 531,644 BTC acquired at a cumulative cost of $35.92 billion. Analysts remain hopeful for Bitcoin’s price outlook despite current tariff uncertainties, with projections suggesting that Bitcoin could exceed $1.8 million by 2035, gaining traction as a compelling savings technology that could rival gold’s $21 trillion market capitalisation.