Japanese hotel company Metaplanet just grabbed additional Bitcoin — its most recent step in its bid to build one of the largest corporate BTC treasuries in the world.
The publicly-listed company acquired another 330 Bitcoins, taking its total stash to over 4,855 BTC.
Metaplanet Bitcoin Treasury Grows to $420 Million With Latest Buy
Metaplanet, the Tokyo-listed firm dubbed “Asia’s MicroStrategy,” has boosted its Bitcoin holdings with a fresh purchase on Monday as the price of the alpha crypto soared above the $87,000 mark for the first time since April 2. BTC is up 3.2% over the past 24 hours, trading at $87,571 as of press time.
The company said it acquired 330 BTC at an average price of $85,605 per coin, bringing its total holdings to 4,855 BTC, worth over $420 million based on current prices.
This is the Japanese firm’s third bitcoin purchase this month despite ongoing market uncertainties spurred by U.S. tariff measures. Metaplanet plans to accumulate 21,000 BTC by 2026, aligning with its mission to drive Bitcoin adoption across Japan.
Metaplanet’s Bitcoin Pivot
According to the data provided by the Bitcoin Treasuries platform, Metaplanet is currently the largest holder of Bitcoin in the Asian region and the tenth-largest globally.
The company’s average acquisition price stands at $85,386 per Bitcoin, with an aggregate investment of $414.5 million to date.
Metaplanet is positioning itself in the mold of Michael Saylor’s software firm MicroStrategy (which has since rebranded as Strategy), whose bold Bitcoin accumulation strategy has inspired an increasing number of publicly listed companies to follow suit.
At the same time, the Trump regime has established two separate initiatives: a Strategic Bitcoin Reserve, funded by confiscated BTC and held as a permanent national asset, and a U.S. Digital Asset Stockpile, which includes other seized crypto assets with potential for liquidation or strategic use.