Metaplanet Inc. Expands Bitcoin Holdings to 4,046 BTC

MicroStrategy's Japanese subsidiary, Metaplanet Inc., has added another 696 Bitcoin to its growing portfolio, bringing its total holdings to 4,046 BTC.

MicroStrategy’s Japanese subsidiary, Metaplanet Inc., has added another 696 Bitcoin to its growing portfolio.

According to a recent press release, the company’s latest purchase brings its total Bitcoin holdings to 4,046. This acquisition comes alongside the company reporting strong earnings from its Bitcoin investments in the first quarter of the year.

Metaplanet made the latest Bitcoin purchase through cash-secured put options, a strategy that enables the company to buy Bitcoin at a lower effective cost.

The company confirmed that the latest acquisition of 696 BTC was made at a total cost of 10.152 billion yen, with each Bitcoin priced at an average of 14,586,230 yen. This brings the average price of all 4,046 BTC held by the company to 12,943,181 yen per BTC, with a total investment of 52.368 billion yen.

Metaplanet’s Bitcoin Treasury Operations are a significant part of the company’s broader financial strategy. By utilizing put options, Metaplanet enhances its capital efficiency, generating revenue and expanding its Bitcoin reserves at advantageous prices.

The company’s capital gains from Bitcoin investments in the first quarter of the year were also reported. Metaplanet realized an investment gain of 6.88 billion yen from its Bitcoin holdings during the period.

Moreover, Metaplanet's financial performance in 2025 highlights the contribution of its Bitcoin treasury activities. As of the end of March, Metaplanet's net income reached 15.08 billion yen, a substantial increase from last year's 6.8 billion yen. This outstanding performance was largely driven by the company's cryptocurrency investments, which generated significant gains for Metaplanet.

The company's strong earnings and continued expansion of its Bitcoin holdings position it well for further growth in the year ahead.