Metaplanet's Decision to Buy More Bitcoin
Metaplanet, a Japanese investment firm, has purchased an additional 330 Bitcoin for $28.2 million, increasing its total holdings to 4,855 BTC. This acquisition occurred despite ongoing market uncertainties related to U.S. tariff measures.
The purchase was made at an average price of $85,605 per bitcoin. As of April 21, 2025, Bitcoin is trading at $87,587.0.
This is Metaplanet's third Bitcoin purchase this month. The company began its Bitcoin accumulation strategy in April 2024, aiming to reach 10,000 BTC by the end of the year.
Metaplanet's stock on the Tokyo Stock Exchange has increased by 0.85%. Since adopting the Bitcoin strategy, its shares have jumped 1,086% in the past year.
Metaplanet aims to become a major player in the digital asset space by aggressively increasing its Bitcoin holdings. The company has set ambitious targets, such as accumulating 21,000 BTC by 2026, reflecting a symbolic alignment with Bitcoin's 21 million coin supply cap.
Japan's economic environment, including a depreciating yen and very high government debt projected to reach $11.224 trillion by 2029, motivates Metaplanet to view Bitcoin as a crucial hedge and alternative store of value to traditional fiat currency.
Metaplanet’s Bitcoin-focused strategy has generated strong investor confidence. This positive market sentiment encourages further Bitcoin purchases as the firm consolidates its reputation as a Bitcoin pioneer in Japan and beyond.
The firm recently reported its first operating profit in seven years, closely tied to its growing Bitcoin portfolio, signaling the viability and profitability of its Bitcoin-centric corporate strategy.
Adding high-profile advisors like Eric Trump is part of Metaplanet’s plan to scale influence beyond Japan, particularly into the U.S., supporting its long-term growth and Bitcoin accumulation strategy.
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