Metaplanet (Japan's MicroStrategy) Buys the Dip, Acquiring 162 BTCs for $13.5M

Metaplanet, also popular as Japan's MicroStrategy, announced a fresh purchase of 162 bitcoins for an investment value of $13.5

Metaplanet, sometimes called Japan’s MicroStrategy, disclosed buying 162 bitcoins for an investment value of $13.5 while putting the recent BTC dips to good use. The announcement sent the stock price 8% higher past 3,500 JPY levels on Wednesday’s trading session. Furthermore, the company issued 2 billion JPY worth of bonds at 0% rate to fund additional BTC purchases.

Bitcoin price selling pressure has shot up this week ahead of the US CPI data release and macro uncertainties amid the Trump tariff war. The Japanese firm seems to be making the most of this opportunity by buying the dips.

Also Read: Bitcoin Price Analysis: BTC Remains Vulnerable To Deep Correction Despite Crucial Support Hold

Metaplanet Stock Jumps 8% on Fresh Bitcoin Purchases

On Wednesday, Metaplanet announced its latest Bitcoin acquisition, purchasing 162 BTC for approximately $13.5 million, with an average purchase price of $83,123 per Bitcoin. Additionally, the company reported a year-to-date (YTD) BTC yield of 53.2% in 2025, delivering impressive returns despite a volatile crypto market.

As of March 12, 2025, Metaplanet holds a total of 3,050 BTC, acquired at a cumulative cost of roughly $253.7 million, with an average purchase price of $83,180 per Bitcoin. Nearly 50% of its total BTC holdings have been purchased in 2025 so far only.

Earlier today, the firm announced that its Board of Directors has approved the issuance of its 8th Series of Ordinary Bonds to EVO FUND. The JPY 2 billion (approximately $18.2 million) bond issuance is part of the company’s strategy to acquire Bitcoin. The announcement comes just two days after MicroStrategy announced its plans to raise $21 billion for Bitcoin purchases.

According to the notice, the funds raised will be specifically allocated for Bitcoin purchases, as per the plans detailed in its January 28, 2025 notice regarding Stock Acquisition Rights.

Following today’s development, the stock price gained 7.93% moving all the way to 3,605 levels. Amid the current market volatility, the stock has been range bound between 3,300 to 4,000 JPY levels.

BTC Price Remains Above Key Support Despite CPI

The Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics for July is set to be released on Wednesday, potentially impacting market trends. Economists polled by Dow Jones are expecting a 0.2% increase in the CPI from June to July, in contrast to the 0.3% decrease in the previous period.

The CPI data is a crucial indicator of inflation, which in turn influences the Federal Reserve's monetary policy decisions. Notably, the Fed's interest rate hikes throughout 2022 led to a decline in risky assets like stocks and cryptocurrencies.

Despite the recent price drops, long-term holders and Bitcoin whales have been strategically accumulating at every fall. As per the data from CryptoQuant, Bitcoin whales have accumulated over 65,000 BTC in the last 30 days, even as the cryptocurrency faces ongoing market corrections.

While the accumulation may not have an immediate impact on Bitcoin’s short-term price, it indicates significant absorption by influential holders. BTC’s price is currently holding above the crucial support of $80,000; however, there have been rising calls for a dip under $70,000 before the long-term uptrend is resumed.