Metaplanet Buys $110M in Bitcoin, Expands Holdings to 20,000 BTC

Metaplanet has boosted its Bitcoin holdings to 20,000 BTC with a $110M purchase, but faces stock pressure as it targets 210,000 BTC by 2027.

Published by Ecem EFE

1 September 2025, 13:03 published Updated 1 September 2025, 13:03

Metaplanet’s $110M Bitcoin Purchase Pushes Treasury to $2B

Metaplanet has continued its aggressive accumulation strategy, purchasing an additional 1,009 BTC on September 1. The latest acquisition, worth 16.479 billion yen ($110 million) at an average price of 16.3 million yen per Bitcoin, pushes the company’s total holdings to 20,000 BTC valued at over 302 billion yen ($2 billion).

Growing Bitcoin Ambitions

Metaplanet’s long-term plan is ambitious: the firm aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. Its strategy, launched in April 2024, has already placed the company seventh globally in Bitcoin holdings.

Between July 1 and September 1, Metaplanet reported a BTC Yield of 30.7%, compared to 129.4% in the previous quarter. The company also disclosed details of its stock acquisition rights, increasing its issued shares to 751.2 million.

Strong Earnings but Stock Under Pressure

Despite the Bitcoin accumulation push, Metaplanet has faced a rocky stock performance. Its share price dropped nearly 4% in the last 24 hours to 844 JPY, far below its June peak of 9,000 JPY. Year-to-date, however, the stock has surged 136%.

Financially, the company has reported robust results. Revenue from April to July reached 1.2 billion yen ($8.4 million), with a 41% quarter-on-quarter increase in Q2 profit, totaling 11.1 billion yen ($75.1 million). Full-year revenue is projected at 3.4 billion yen ($23.1 million), with an operating profit of 2.5 billion yen ($17 million).

Capital-Raising Plan and Trump’s Appearance

With its stock decline straining liquidity, Metaplanet is preparing a 130.3 billion yen ($884M) public share offering in overseas markets. Shareholders are set to vote on whether to issue up to 555 million new shares, potentially raising 555 billion yen ($3.7B).

As a surprising twist, Eric Trump, an adviser to Metaplanet, is expected to attend the company’s upcoming shareholder meeting in Tokyo. His presence follows his recent appearance at the Bitcoin Asia conference in Hong Kong.