Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase.

Metaplanet acquired 330 Bitcoin (BTC) for $28.2 million at an average price of $85605 per BTC, bringing its total holdings to 4855 Bitcoin worth $414 million

Japanese investment firm Metaplanet has increased its Bitcoin (BTC) holdings to more than $400 million following its latest purchase.

Metaplanet acquired 330 Bitcoin for $28.2 million at an average price of $85,056 per BTC, bringing its total holding to 4,855 Bitcoin worth $414 million, the firm’s CEO Simon Gerovich announced on Friday.

The firm’s Bitcoin yield surpassed 119% year-to-date following its latest investment.

Metaplanet issued 20 billion Japanese yen ($13.3 million) of bonds to buy more Bitcoin on March 31, Cointelegraph reported.

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The $414 million in Bitcoin holdings make Metaplanet Asia’s largest and the world’s 10th-largest corporate Bitcoin holder, according to Bitbo data.

According to Enmanuel Cardozo, a market analyst at the asset tokenization platform Brickken, the growing institutional presence of firms, such as Strategy (NYSE:) and Tether, is accelerating the four-year Bitcoin cycle.

“That puts the bottom around Q3 this year and a peak mid-2026, but I think we might see things move it a bit sooner because the market’s more mature now with more liquidity,” the analyst told Cointelegraph.

Metaplanet plans to reach 21,000 BTC

The latest acquisitions are part of Metaplanet’s plans to accumulate 21,000 BTC by 2026, aligning with its mission to drive Bitcoin adoption across Japan.

Often dubbed “Asia’s MicroStrategy,” Metaplanet has drawn comparisons to Michael Saylor’s company Strategy, which continues to top the list of public Bitcoin holders.

Metaplanet’s investment comes a week after the latest purchase by Strategy, the world’s largest corporate Bitcoin holder.

Strategy bought 3,459 Bitcoin for $285.5 million at an average price of $82,618 per BTC, bringing its total holding to 531,644 Bitcoin acquired for a cumulative $35.92 billion, Cointelegraph reported.

Despite tariff uncertainty limiting risk appetite among traditional and crypto investors in the short term, analysts are optimistic about Bitcoin’s price trajectory for the next decade.

Bitcoin may surpass $1.8 million by 2035, driven by its growing recognition as a superior savings technology, set to rival or surpass gold’s $21 trillion market capitalization, Joe Burnett, director of market research at Unchained, told Cointelegraph during the Chainreaction live show on X.