Metaplanet Revolutionizes Corporate Treasury: Bitcoin Adopted as Key Reserve to Counter Fiat Currency Depreciation

Tokyo-listed investment firm Metaplanet has dramatically increased its

holdings by acquiring 5,419 BTC in a single purchase worth $632.53 million Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. This transaction brings the company’s total Bitcoin assets up to 25,555 BTC, with a market value close to $2.91 billion, making it the fifth-largest corporate holder of Bitcoin worldwide Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. The purchase, completed at an average price of $116,724 per BTC, underlines Metaplanet's aggressive approach to making Bitcoin a central part of its business strategy Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. The acquisition was financed through a recent global share sale raising $1.45 billion, highlighting the company’s use of capital markets to support its Bitcoin reserves Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ].

Since launching its Bitcoin accumulation strategy in December 2024, Metaplanet’s treasury has grown rapidly. Starting with 1,762 BTC at the end of 2024, the company expanded its holdings to more than 25,000 BTC by mid-2025 Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. This growth is driven by a unique metric called "BTC Yield," which tracks the increase in Bitcoin holdings per fully diluted share. The BTC Yield was 10.3% for the most recent quarter, with year-to-date growth rates of 95.6% in Q1 and 129.4% in Q2 2025 Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. With this latest purchase, Metaplanet has fulfilled 85.2% of its long-term goal to reach 30,000 BTC by the end of 2025 Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ].

Metaplanet’s vision stretches beyond 2025, as its revised "555 Million Plan" aims to accumulate 210,000 BTC—roughly 1% of the entire Bitcoin supply—by 2027. This ambitious target is being pursued using innovative funding tools like zero-coupon bonds, perpetual preferred stock, and moving-strike warrants Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ]. A recent $1.2 billion share issuance, of which $835 million went to Bitcoin purchases, demonstrates the company’s commitment to using equity markets for large Bitcoin acquisitions.

The firm’s strategy has drawn parallels to MicroStrategy in the U.S., which owns over 628,946 BTC. Still, Metaplanet distinguishes itself by using covered call options to boost returns on its Bitcoin while still benefiting from potential price increases Metaplanet's Bitcoin Bet: A New Paradigm for Corporate Treasury [ 6 ]. This combined approach led Metaplanet to achieve a 30.7% BTC yield in Q2 2025, outpacing conventional investments like stocks and gold Metaplanet's Bitcoin Bet: A New Paradigm for Corporate Treasury [ 6 ].

Industry experts and analysts point out both opportunities and risks in Metaplanet’s strategy. The company’s Bitcoin-focused model has caused its U.S.-traded shares (MTPLF) to soar by 245% in a month, but it also brings challenges such as potential dilution of shares and high price volatility. With Bitcoin’s 30-day price swings ranging between 16% and 21% Metaplanet's Bitcoin Bet: A New Paradigm for Corporate Treasury [ 6 ], the firm’s market value is increasingly tied to the cryptocurrency’s movements. Nonetheless, Metaplanet remains optimistic, with CEO Simon Gerovich stating that Bitcoin’s limited supply and weak correlation with traditional assets make it a valuable reserve holding Metaplanet Hits 85% of Bitcoin Yearly Target, Becomes Fifth Largest Corporate Bitcoin Holder [ 1 ].

Metaplanet’s bold approach may reshape how companies in Asia manage their treasuries, especially as institutional interest in Bitcoin continues to grow. By positioning Bitcoin as a safeguard against currency depreciation and economic turbulence, Metaplanet is part of a broader movement among firms looking to protect their purchasing power amid expanding money supply Metaplanet's Bitcoin Bet: A New Paradigm for Corporate Treasury [ 6 ]. Supportive regulation, such as Japan’s progressive crypto policies and the U.S. BITCOIN Act of 2025, further validates this strategy Metaplanet's Bitcoin Bet: A New Paradigm for Corporate Treasury [ 6 ].