Japanese Firm Metaplanet Adds 107.91 BTC Worth ¥1 Billion, Expanding Bitcoin Reserves

• Metaplanet’s Bitcoin holdings rise to 506.745 BTC after purchasing an additional 107.91 BTC worth ¥1 billion.
• Metaplanet’s “Bitcoin First, Bitcoin Only” strategy prioritizes BTC over traditional assets like the yen, emphasizing its anti-inflation stance.
• A partnership with SBI Group enhances Metaplanet’s Bitcoin trading and custody services, ensuring regulatory compliance and tax efficiency.

Japanese-listed company Metaplanet Inc. has announced the acquisition of an additional 107.91 Bitcoin (BTC), valued at ¥1 billion. The public company’s latest move aligns with its continued focus on accumulating Bitcoin as part of its strategic treasury plan. This latest purchase reflects Metaplanet’s commitment to strengthening its digital asset holdings, despite volatility in the broader crypto market.

Consistent Bitcoin Acquisitions by Metaplanet

Metaplanet’s recent purchase of 107.913 BTC, at an average price of ¥9,266,724 per coin, brings the company’s total Bitcoin holdings to 506.745 BTC. Since adopting its Bitcoin-focused treasury strategy in April 2024, the company has invested approximately ¥4.75 billion in Bitcoin. Each purchase has been carefully timed to secure the cryptocurrency at competitive prices, demonstrating the company’s long-term confidence in Bitcoin as a digital asset.

The strategy, dubbed “Bitcoin First, Bitcoin Only,” prioritizes Bitcoin over traditional assets like the Japanese yen. This bold approach highlights the company’s view of Bitcoin as a hedge against inflation and central bank policies. As a result, Metaplanet continues to acquire BTC, unaffected by the volatile price movements in the crypto market.

Strategic Partnership to Strengthen Bitcoin Custody

In addition to expanding its Bitcoin holdings, Metaplanet also formed a strategic partnership with SBI Group’s crypto investment arm earlier this year. This collaboration focuses on enhancing Bitcoin trading and corporate custody services, ensuring compliance with local regulations. The partnership aims to improve tax efficiency and facilitate the use of Bitcoin as collateral for corporate investments.

Through this partnership, Metaplanet aims to create a robust infrastructure for Bitcoin storage, helping to secure its growing holdings. This move highlights the company’s commitment to maintaining a strong and compliant framework for managing its digital assets.

Metaplanet’s Treasury Focus and Domestic Investor Opportunities

By regularly increasing its Bitcoin reserves, Metaplanet offers domestic investors a unique opportunity to gain exposure to the flagship cryptocurrency. The company’s Bitcoin-centric approach seeks to provide Japanese investors with a tax-efficient way to benefit from digital assets, particularly in a time of economic uncertainty. Despite recent downturns in Bitcoin’s price, Metaplanet continues to view its acquisition strategy as an essential part of its long-term financial planning.