Metaplanet’s 1,088 Bitcoin Bet: Can It Propel BTC Past $110K?

Another day, another corporate ’HODL’ play—this time with Tokyo-listed Metaplanet dumping ¥1.25B into Bitcoin. Because nothing screams ’financial prudence’ like doubling down on volatility during a bear market.

The move sparks fresh debate: Is this institutional validation or just another desperate moon-shot? With 1,088 BTC now on their books, Metaplanet joins the growing list of firms treating Bitcoin like a corporate savings account. Meanwhile, traders watch the $110K resistance level like hawks, wondering if this triggers the next leg up... or becomes another cautionary tale.

Fun fact: These ’strategic acquisitions’ always seem to happen right after a 20% dip. How... convenient.

Key Insights

• Bitcoin price eyes recovery as Metaplanet accumulates another 1,088 BTC.
• Bitcoin price traded near $105K with key support at $102K and $97.6K, and strong resistance at $111.9k.
• Corporate Bitcoin adoption grows as Metaplanet joins Strategy and Trump Media in major BTC accumulation.

Bitcoin’s price is now trading around $105,000, having pulled back from a recent all-time high of $111,800. As the market watches closely for a possible recovery, Japan-based Metaplanet has added 1,088 BTC to its reserves, raising questions about whether this new corporate purchase could support a rebound above $110,000.

Bitcoin has shown continued instability over the last week. Now, traders are focusing on the possible support found at $102,000 and $97,600. Although buying pressure has strengthened, technical charts reveal that resistance at $111,900 is still strong. On the heels of these unpredictable market movements, Metaplanet is now buying more Bitcoin.

Metaplanet Increases Holdings to 8,888 BTC

Metaplanet stated that it has increased its Bitcoin holdings by 1,088 more coins, now holding 8,888 BTC. The company spent about 16.885 billion Japanese yen, estimated to be worth $117.5 million at the time, paying an average of 15.5 million yen per Bitcoin, which translates to a Bitcoin price of $108,051.

By the end of 2025, the company wants to gather a total of 10,000 BTC. So far in 2025, it has collected 7,126 BTC. Metaplanet’s recent announcement about a big purchase coincided with its successful $50 million round of zero-interest bonds. The strategy demonstrates that Bitcoin is a major focus of the company’s treasury decisions.

The strategy of owning bitcoin was adopted by Metaplanet in April 2024. The firm has since grown to become the most extensive holder of Bitcoin among public companies in Asia. Globally, it is known to be among the top ten largest companies. According to CEO Simon Gerovich, MicroStrategy and its executive chairman, Michael Saylor, are major reasons for the new direction.

Bitcoin Price Movement and Market Analysis

Bitcoin price has been fluctuating within a wide range, currently NEAR $105,000. Analysts are watching whether the price will reclaim the $110,000 level or move lower. According to market expert AlphaBTC, Bitcoin has entered a correction phase that may last into mid-June.

A breakdown below $102,000 could push Bitcoin to $97,600, where the 200-day simple moving average lies. If the trend continues, the yearly opening price could hit levels above $92,000. If purchases become common again at that price, Bitcoin may rise and seek to regain previous highs.

In the same way, if $108,000 is passed, Bitcoin could retrace its previous record high of $111,900. Many traders are aware that this level could hold the price back. On shorter charts, there is now a bear flag pattern, meaning greater chances of price decline if the price does not stay above key spots.

Corporate Interest in Bitcoin Continues to Grow

Metaplanet is one of the many companies forming a Bitcoin treasury. Bitcoin gained recognition as a FORM of asset on balance sheets in 2025. Strategy (formerly MicroStrategy) still holds the most with 580,250 BTC. A very recent acquisition added 4,020 BTC to its balance, valued at $427 million.

Trump Media & Technology Group raised $2.4 billion to begin its bitcoin strategy. DDC Enterprise Limited now holds 100 BTC after adding 79 BTC recently.

Despite these moves, not all companies are adopting Bitcoin. Meta shareholders recently rejected a proposal to explore adding Bitcoin to their balance sheet. The proposal received only 0.08% of total votes in favor. CEO Mark Zuckerberg controls a majority of Meta’s voting power and may have voted against it.

Metaplanet’s stock on the Tokyo Stock Exchange ROSE by 2.34% following the announcement of the Bitcoin purchase. It is now priced at 1,094 yen.