Metaplanet Skyrockets: Bitcoin Bet Crushes Japan’s Blue-Chip Giants
Move over, traditional finance—Metaplanet's crypto pivot is leaving Japan's old-guard stocks in the dust.
The Bitcoin Domino Effect
When Metaplanet doubled down on BTC reserves, skeptics rolled their eyes. Now? The stock's tearing through benchmarks like a bull in a china shop—while Nikkei heavyweights cling to their spreadsheets.
Short Sellers Meet Their Match
Every 10% Bitcoin surge sends Metaplanet's shares vertical. Meanwhile, Tokyo's salaryman favorites are stuck debating 'blockchain risks' over ¥1,000 coffee breaks.
The New Playbook
Who needs dividends when volatility's your ally? Metaplanet's trading at multiples that'd give a Goldman quant nightmares—proving once again that in 2025, you either stack sats or get stacked.
*Bonus jab: Meanwhile, Japan's pension funds are still 'evaluating the asset class'—just like they did at BTC ¥5,000,000.*
Shareholder growth accelerates
The company’s strategic pivot toward Bitcoin accumulation has attracted significant investor interest.
Metaplanet’s latest earnings report reveals that its shareholder base has expanded to over 180,000 as of June 2025.
This represents a 350% increase since the firm began its bitcoin buying program in late 2024.
The report notes that Metaplanet’s performance has eclipsed even the best-performing Topix CORE 30 constituents, including Mitsubishi, Nintendo, and SoftBank Group.
Bitcoin strategy drives outperformance
Metaplanet’s transformation from a hospitality company to a bitcoin accumulation vehicle has set it apart in the Japanese market.
It remains the only public company in Japan to offer regulated bitcoin exposure, mirroring the corporate treasury strategy popularized by U.S.-based MicroStrategy.
For more detail on Metaplanet’s current and historical bitcoin holdings, see the Metaplanet bitcoin treasury tracker.
Ambitious bitcoin acquisition goals
Looking ahead, Metaplanet has announced plans to acquire 1% of bitcoin’s total supply—approximately 210,000 BTC—by 2027.
To support this goal, the company recently unveiled a $3.7 billion stock offering aimed at funding further bitcoin purchases.
In August alone, Metaplanet spent over $100 million on bitcoin, including a 463 BTC buy for $53.7 million and a subsequent $61.4 million purchase.
Metaplanet’s bold moves highlight growing demand for regulated bitcoin investment vehicles in Japan and underscore a shift in corporate treasury management toward digital assets.
