- Metaplanet acquired 319 BTC, each at an average of $82,549, bringing total holdings to 4,525 Bitcoin at the time of this report.
- The company aims to increase its Bitcoin holdings by a further 470% to 10,000 Bitcoin by the end of the calendar year.
- Eric Trump joins Metaplanet’s Strategic Advisory Board as the company pursues diverse Bitcoin investment strategies.
Metaplanet announced another Bitcoin acquisition amid the ongoing regional trade tensions between the US and China. The Japanese firm increased its Bitcoin coffers by $26.3 million (¥ 3.78 billion) worth of BTC, bringing the company’s total to 4,525 BTC.
Metaplanet Accelerates Bitcoin Strategy with 319 BTC Purchase
In a statement on April 14, the company revealed that it has sealed a 319 BTC purchase at an average price of $82,549 (approximately ¥12.5 million). Metaplanet declared its intention to expand its Bitcoin holdings by 470% to 10,000 BTC before the end of 2025.
Since last month, the Tokyo-listed firm has conducted a series of large BTC transactions, funded by a ¥2 billion zero-interest bonds set aside for Bitcoin purchases. Earlier this month, Metaplanet acquired 696 BTC, totaling $67.8 million (¥10.15 billion). Notably, this acquisition buy exercise moved the firm into the top 10 publicly traded Bitcoin Treasuries. A few days later, Metaplanet made a $13.2 million (¥1.99 billion) BTC purchase, with the investment cost pegged at $82,680 (12.4 million ¥) per coin.
Dom Harz, Co-Founder of BOB (Build on Bitcoin), noted that the narrative around Bitcoin has changed from a speculative bet to a more strategic store of value for corporate bodies.
Harz stated:
As corporations start to hold more Bitcoin, they’ll start to integrate digital assets into their core operations,
He explained that once institutions identify an income-generating strategy that aligns with “Bitcoin’s security model,” the asset will see more adoption by top players. Harz added that Bitcoin could offer passive returns for these large institutions holding BTC.
Bitcoin Faces Minor Dip Amidst Resilient Traditional Markets and Sector-Specific Tariffs
Metaplanet’s rapid Bitcoin purchase comes amid the current tense market outlook triggered by ongoing regional trade wars. On Sunday’s intraday session, Bitcoin slipped over 2% to change hands at $83,482. Despite BTC’s slight dip, the traditional market indexes were resilient. The Nasdaq 100 index jumped by 1%, while the S&P 500 moved up by 0.7%.
Although smartphones and semiconductors were granted a temporary levy waiver, Trump explained that the aforementioned products would command a separate 20% national security levy. Commerce Secretary Howard Lutnick also told the public to expect more sector-specific tariffs within the next sixty days.
At the time of writing, Bitcoin trades at $85,125 following a 0.89% intraday uptick. It has rallied 33% year-to-date, bettering the performance of several crypto assets in that period. In the past month, it has witnessed 15 green trading days.
Metaplanet has become one of the top pro-BTC corporations on the Asian continent. The firm recently employed the service of Trump’s son, Eric Trump, to its Strategic Advisory Board, leveraging his business acumen and familiarity with Bitcoin. Metaplanet has adopted a MicroStrategy-style approach, aggressively buying BTC in the past months. Over the years, several US institutions have also adopted this approach.
