Metaplanet Expands Bitcoin Holdings to 18,113 BTC, Indicating Potential Shift Toward a Bitcoin Standard Strategy

• Metaplanet’s recent purchase of 518 BTC on August 12 raised its total reserves to 18,113 BTC.

• The total value of Metaplanet’s Bitcoin holdings is approximately $1.85 billion.

• Metaplanet’s aggressive accumulation strategy reflects a growing trend among institutional investors.

Metaplanet has increased its Bitcoin holdings to 18,113 BTC, showcasing a commitment to a Bitcoin standard. This move positions the company among the largest Bitcoin holders globally.

What is Metaplanet’s Bitcoin Strategy?

Metaplanet is pursuing a “Bitcoin standard” treasury strategy, having increased its holdings to 18,113 BTC. This commitment reflects a growing trend among corporations to adopt Bitcoin as a core asset.

How Much Bitcoin Has Metaplanet Acquired?

On August 12, Metaplanet spent 9.086 billion yen (approximately $61.4 million) to acquire 518 BTC at an average price of $118,519 per BTC. This brings its total Bitcoin expenditure to 270.364 billion yen.

Frequently Asked Questions

How does Metaplanet’s Bitcoin acquisition compare to other firms?

Metaplanet’s aggressive accumulation strategy mirrors that of other Bitcoin-centric firms, indicating a broader institutional trend towards Bitcoin.

What impact does Metaplanet’s strategy have on the market?

Metaplanet’s stock experienced a brief rise following the announcement, but ultimately declined, reflecting the unpredictable nature of the cryptocurrency market.

Key Takeaways

• Metaplanet’s Bitcoin Holdings: Increased to 18,113 BTC, valued at approximately $1.85 billion.
• Recent Purchases: Acquired 518 BTC for $61.4 million, showcasing a commitment to Bitcoin.
• Market Trends: Reflects a growing trend among corporations adopting Bitcoin as a core asset.

Conclusion

Metaplanet’s recent acquisition of Bitcoin highlights a significant trend in corporate treasury management. As institutional interest in Bitcoin grows, companies like Metaplanet are positioning themselves strategically within the cryptocurrency landscape.

• Tokyo-based Metaplanet significantly increased its Bitcoin holdings to 18,113 BTC, reflecting a strong commitment to a “Bitcoin standard” treasury strategy.

• Metaplanet Inc. has further strengthened its position among the world’s largest publicly traded Bitcoin holders, adding 518 BTC on August 12.

• The move raised its reserves to 18,113 BTC, valued at roughly $1.85 billion at press time.

Source: Metaplanet

Since making Bitcoin a core business in December 2024, the firm has pursued an aggressive accumulation strategy.

Metaplanet adds more Bitcoin

The Tokyo Stock Exchange filing showed a 9.086 billion yen spend, or $61.4 million, at 17,540,861 yen (~$118,519) per BTC.

Naturally, this pushed its total Bitcoin spend to 270.364 billion yen, reflecting a deepening commitment to the asset.

In late July, it bought 463 BTC for $53.7 million at an average $115,895, lifting holdings to 17,595 BTC.

That prior purchase helped achieve a 459.2% year-to-date BTC Yield, according to the company’s performance indicators.

For context, COINOTAG earlier reported this July buy as part of a rapid accumulation streak, keeping it in the global top tier.

Keeping pace with the whales

That being said, Metaplanet’s pace of accumulation mirrors the aggressive strategies of other Bitcoin-centric firms.

U.S.-based Strategy (previously MicroStrategy), for example, recently revealed the purchase of 155 BTC for about $18 million at an average cost of $116,401.

Source: SEC

This latest buy raised Strategy’s total to 628,946 BTC, worth an estimated $46.09 billion, solidifying its position as the world’s largest corporate Bitcoin holder.

According to BitcoinTreasuries data, Metaplanet now ranks sixth globally among public companies holding Bitcoin, trailing only Strategy, MARA, XXI, Bitcoin Standard Treasury Company, and Riot.

Analysts suggested that such concentrated corporate purchases reflect growing institutional conviction in Bitcoin, particularly from firms embracing a “Bitcoin standard” as a core treasury management philosophy.

Market reaction tells another story

Of course, markets remained unpredictable.

Following the announcement, Metaplanet’s stock saw a short-lived 1% rise from 985 yen to 997 yen, before slipping to 980 yen and eventually settling 2.69% lower at 975 yen by press time.

The decline came alongside a broader market pullback, with Bitcoin itself dropping 2.44% over the past 24 hours to $119,092.10, according to CoinMarketCap.