Metaplanet Doubles Down: Japan’s Crypto Pioneer Now Holds 15,555 BTC After Latest 2,205 BTC Purchase

Tokyo’s corporate Bitcoin whale just got hungrier. Metaplanet—Japan’s answer to MicroStrategy—has gobbled up another 2,205 BTC, pushing its total stash to a staggering 15,555 coins. Forget sushi—this firm’s appetite is strictly digital gold.

Why the buying spree? While traditional finance plays musical chairs with rate cuts, Metaplanet’s betting on code over cash. The move screams defiance against Japan’s negative-rate quagmire—and maybe just a little FOMO.

Analysts whisper: ‘Either they’ve cracked the next-gen treasury play… or someone’s chasing last year’s ATH like a tourist sprinting for the last Shinkansen.’ Either way, the balance sheet just got a whole lot harder to hack.

Japan’s largest corporate Bitcoin treasury, Metaplanet, has amassed an additional 2,205 Bitcoin, per a new disclosure on Monday.

Metaplanet bought the bitcoin for an average purchase price of around $108,237 per BTC for a total spend of $238.7 million as it continues its aggressive acquisition spree.

Metaplanet’s latest investment brings its total Bitcoin holdings to 15,555 BTC, worth approximately $1.69 billion based on current market prices, securing its position as Asia’s most audacious corporate Bitcoin adopter. At the time of writing, Bitcoin traded at $108,717, having risen by a paltry 0.7% over the last 24 hours.

*Metaplanet Acquires Additional 2,205 $BTC, Total Holdings Reach 15,555 BTC* pic.twitter.com/VqKGOwCs6N

According to data tracked by BitcoinTreasuries.NET, the Tokyo-listed investment company now ranks as the fifth biggest corporate holder of the world’s largest crypto after recently overtaking Tesla, CleanSpark, and Galaxy Digital. Metaplanet is only trailing behind large crypto firms, such as MARA, Riot, and Strategy.

Metaplanet, which rebranded in 2024 from a hotel and technology firm to a dedicated Bitcoin treasury, recently announced that it is looking to accumulate 210,000 BTC, or about 1% of the 21 million supply, by 2027 as it aims to become one of the world’s largest Bitcoin Treasury companies.

The firm’s latest BTC buy comes at a time when more companies are looking to invest in the benchmark crypto, partly as a way of boosting their share prices. Over 142 publicly traded firms hold Bitcoin on their balance sheets as of publication time. They have raked up a combined $92 billion of the alpha crypto, with Michael Saylor’s software firm Strategy’s stockpile roughly two-thirds of that amount. 

Strategy currently holds over $64 billion worth of Bitcoin. It began buying the world’s oldest cryptocurrency in 2020, pioneering the model that has recently become widely adopted.