Metaplanet Expands Bitcoin Treasury, Acquires Another 150 BTC

Bitcoin-focused Japanese public company Metaplanet has expanded its Bitcoin treasury, according to a March 24 announcement.

Japanese Bitcoin-focused public company Metaplanet has expanded its Bitcoin treasury, according to a March 24 announcement.

The Tokyo-based company acquired an additional 150 BTC for $12.6 million, further solidifying its position among global corporate Bitcoin holders and bringing it one step closer to its plan of acquiring 21,000 BTC by 2026.

The purchase, which was made at an average price of $83,801 per coin, brings Metaplanet’s total Bitcoin holdings to 3,350 BTC, valued at around $291 million at current prices.

The latest buy comes after Metaplanet formed a new strategic board of advisors with Eric Trump, U.S. President Donald Trump’s second son, as one of the appointees.

Metaplanet’s CEO Simon Gerovich said Eric’s “business acumen and love of the Bitcoin community will be a great asset to us as we continue to build one of the world’s leading BTC Treasury companies.”

Metaplanet has been rapidly expanding its Bitcoin treasury since adopting a Bitcoin Standard in April 2024. The investment firm aims to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026 — which means it would own 1/1000th of all Bitcoin that will ever exist.

To date, Metaplanet has issued over 44 million common shares of company stock to finance its Bitcoin buys. The use of stocks to raise funds to acquire BTC has given the company the moniker “Asia’s MicroStrategy” as the blueprint mirrors that of Michael Saylor’s Strategy (previously known as (CRYPTO:MICRO strategy)).

With Metaplanet’s Bitcoin Yield performance showing impressive results — 68.3% from January 1 to March 24 — the company’s BTC strategy has so far paid off, indicating massive growth for stakeholders. Bitcoin yield is a metric that shows the percentage change in the ratio of total BTC holdings compared to fully diluted shares outstanding, and it is used to assess the effectiveness of Metaplanet’s Bitcoin acquisition approach.

Recent purchase puts Metaplanet in the 10th spot among the world’s top corporate Bitcoin holders and the largest in Asia, according to Bitcoin Treasuries. Strategy is still the top Bitcoin corporate holder with over 500,000 BTC after its Monday $584 million buy.