Metaplanet announced the purchase of 330 BTC, worth $28 million, as Bitcoin’s price surged above $87,300. This marks Metaplanet’s third Bitcoin purchase this month, making it the tenth-largest public holder of BTC.
In two months since the effective date of Metaplanet's 'Bitcoin Plan' (2/17/25), we've raised ~$268 million of equity capital across 42 trading days to acquire additional $BTC.
— Dylan LeClair (@DylanLeClair_) April 19, 2025
Publicly-listed Metaplanet picked up 330 BTC, bringing its overall holdings to 4,855 BTC, worth over $420 million based on current prices.
You can buy one twenty-one millionth of the BTC supply for ~$85,000.
What happens if you remove unit bias from alts to calculate the equiv 1/21 million?
ETH: $9,200
XRP: $5,800
SOL: $3,400No way these alts are worth that much. #Bitcoin dominance is going so much higher.
— Samson Mow (@Excellion) April 19, 2025
This is the Japanese firm’s third Bitcoin purchase this month, even as broader markets reel from tariff concerns and a general lack of optimism. Metaplanet is not the only Japanese firm accumulating Bitcoin. Fashion brand ANAP Holdings purchased approximately 16.6591 BTC, valued at around 200 million yen (approximately $1.4 million), last week.
The holdings will be overseen by its subsidiary, ANAP Lightning Capital.
Where's The Bitcoin "Banana Zone"? – An Update
If you enjoyed this 1-minute summary on #BTC…
Checkout the full video here:https://t.co/NOg5Vl3I6g
Enjoy and Subscribe!$BTC #Crypto #Bitcoin pic.twitter.com/lRApFKawZt
— Rekt Capital (@rektcapital) April 21, 2025
Metaplanet increases BTC holdings again
The company plans to conduct quarterly market value assessments of its BTC holdings, with any gains or losses reflected in its profit and loss statements.
Its BTC yield from quarter-to-date is at 12.1%, with the previous quarter’s yield at 95%. BTC Yield is a custom metric used by the firm to assess the growth of Bitcoin per fully diluted share. Bitcoin has fared relatively better than U.S. equities in turbulent times.
While U.S. equities lost $5.4 trillion in value in two days after President Trump unveiled his reciprocal tariffs earlier in April, which sent the Nasdaq tumbling down 11%, Bitcoin fell a relatively smaller 6% in comparison. Metaplanet’s stock on the Tokyo Stock Exchange is up nearly 0.9% since the market opened. Despite market instability, Bitcoin has performed better than U.S. equities, with Metaplanet’s stock rising nearly 0.9% on the Tokyo Stock Exchange.