Japanese company Metaplanet appears to be taking a similar approach to MicroStrategy by building a large Bitcoin reserve as part of its investment strategy.
The recent acquisition of 269 Bitcoin cements the company’s position as one of the largest public companies holding the digital currency, especially in Asia, where it has become the second-largest company in the region in terms of Bitcoin holdings after Boya Interactive.
Metaplanet’s strategy highlights:
Bitcoin portfolio growth: The company’s holdings reached 2,031 Bitcoin with a market cap of $196 million.
Strong ROI: Returns reached 309% in Q4 2024, with a 15% increase so far in 2025.
Expansion funding: The company raised 4 billion yen through a bond issue, in addition to issuing 21 million shares to support further Bitcoin purchases.
Setting an ambitious goal: The company plans to reach 21,000 bitcoins by 2026, which could make it one of the largest players in the institutional bitcoin market.
The strong 73% rise in the price of “Metaplanet” shares reflects the market’s confidence in the company’s strategy, but some questions remain that may scare the company’s investors a little, such as:
Can the company face the risks of bitcoin volatility as happened with other companies such as “MicroStrategy”?
Are there potential regulatory changes that could affect the company’s strategy?