Japanese investment firm Metaplanet snaps up additional Bitcoin worth around $53.5 million

input: Japanese investment firm Metaplanet, often dubbed Asia’s Strategy for its continued Bitcoin accumulation, has snapped up additional Bitcoin worth around $53.5 million.

Japanese investment firm Metaplanet has bought 555 additional Bitcoins at an average price of $96,134, according to a regulatory filing.

The latest purchase, which includes fees and expenses, brings the firm’s total BTC treasury holdings to 5,555.

The firm’s Bitcoin treasury is now worth around $538 million based on Bitcoin’s price of $96,646 at the time of writing, according to CoinGecko.

“In Japanese, the number 5 is pronounced ‘Go,’ so today we’re shouting: Go go go go — to the moon and beyond!”

The Tokyo-based firm has been steadily accumulating Bitcoin since adopting the cryptocurrency as a treasury asset in April.

The firm is mirroring a strategy famously deployed by Michael Saylor’s MicroStrategy, which shifted its focus from software development to Bitcoin accumulation back in 2020.

Metaplanet aims to expand its BTC holdings to 10,000 by the end of the year and 21,000 by the end of 2026.

Also today, Metaplanet said it would issue a second $25 million of zero-coupon ordinary bonds to EVO FUND to fund additional Bitcoin purchases. The company agreed to issue the debt just days after issuing the same amount of bonds to the same buyer.

The company’s proprietary key performance indicator, BTC Yield, has soared in recent quarters, achieving 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter.

Metaplanet Announces US Arm

Last week, the company announced plans to establish a wholly owned U.S. subsidiary in Miami, Florida, dubbed Metaplanet Treasury Corp., seeking to raise $250 million to accelerate its Bitcoin buying spree. Gerovich indicated that the move is a bid to tap American capital markets and expand 24/7 access to global liquidity.

Its latest Bitcoin buy also comes amid a winning streak in the digital assets industry, with Bitcoin ETFs in the U.S. drawing in $1.8 billion in inflows last week.

The company is currently Asia’s largest public corporate Bitcoin holder, and ranks 11th globally, per data tracked by Bitcointreasuries.net. MicroStrategy remains the world’s biggest corporate holder of Bitcoin with a mammoth stockpile of 555,450 BTC.