tl;dr
Metaplanet has acquired 775 Bitcoin for about $93 million at an average price of $120,006 per BTC, increasing its total holdings to 18,888 BTC valued at approximately $1.94 billion with an average cost of $102,653 per BTC. The Tokyo-listed company continues weekly Bitcoin purchases, influencing othe...
Metaplanet has announced the acquisition of 775 Bitcoin for roughly $93 million, purchasing at an average price of $120,006 per BTC. This latest purchase brings their total Bitcoin holdings to 18,888 BTC as of August 18, 2025.
The Tokyo-listed company’s cumulative Bitcoin investment now stands at approximately $1.94 billion, acquired at an average cost of $102,653 per BTC. Often compared to Michael Saylor’s Strategy for its Bitcoin-focused treasury approach, Metaplanet continues its steady accumulation with weekly acquisitions that attract significant market attention. Earlier in August alone, the firm bought 463 BTC for $53 million and 518 BTC valued at $61.4 million, underscoring its goal to expand Bitcoin reserves consistently.
This aggressive acquisition strategy has begun to influence other players across Asia. Companies in the region are increasingly considering Bitcoin as a treasury asset, spurred by clearer regulatory frameworks. Taiwan’s WiseLink recently committed $10 million through a convertible note to Nasdaq-listed Top Win International, aligning Bitcoin with cross-border finance strategies and signaling a broader corporate trend. Other notable examples include South Korea’s K Wave Media partnering with Galaxy Digital, and Singapore’s Genius Group raising its Bitcoin target from 1,000 to 10,000 BTC.
Metaplanet’s Bitcoin strategy helped fuel the company’s strongest quarter in history during Q2. CEO Simon Gerovich highlighted it as their best performance yet, with ordinary profit soaring to $117.8 million—flipping from a prior loss of $46.7 million. Net income also rose sharply to $75.1 million from a $33.7 million loss a year earlier. Quarter-on-quarter, revenue jumped 41% to $8.4 million, and gross profit grew 38% to $5.5 million. The company also reported a remarkable year-to-date Bitcoin yield of 468.1% in 2025.
Looking ahead, Metaplanet projects full-year revenue of ¥3.4 billion and operating profit of ¥2.5 billion. This outlook is supported by recurring cash-secured-put premiums and strong operational performance. With positive operating cash flow, the company plans to reinvest capital raised from equity markets into further Bitcoin acquisitions, aiming to compound net asset value per share over the long term.