Metaplanet Expands Bitcoin Treasury, Acquiring 150 BTC for $12.6 Million

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

Japanese public company Metaplanet, known for its Bitcoin focus, has expanded its Bitcoin treasury, according to an announcement on March 24.

The Tokyo-based company acquired an additional 150 BTC for $12.6 million in March, 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, 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 company's recent actions come after it appointed a new strategic board of advisors, including Eric Trump, U.S. President Donald Trump’s second son. As announced on March 19, Eric will provide valuable insights and advice to Metaplanet.

"We are honored to welcome Eric Trump to our team. His business acumen and love of the Bitcoin community will be invaluable as we continue to build one of the world’s leading BTC Treasury companies," said Metaplanet CEO Simon Gerovich.

Metaplanet has been aggressively purchasing the apex crypto since it adopted a Bitcoin Standard in April. 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 finance its Bitcoin buys, Metaplanet has issued over 44 million common shares of company stock. 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 MicroStrategy).

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.

As of Monday, the 10th-largest corporate Bitcoin holder is Metaplanet, while the largest is Strategy with over 500,000 BTC after its Monday $584 million buy.