CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Tokyo–listed firm Metaplanet has made another major move—acquiring approximately 780 Bitcoin (~USD 92.5–93 million)—bringing its total holdings to about 17,132 BTC, equivalent to nearly USD 2 billion today Tech in AsiaAInvestcrypto.news.
This marks yet another milestone in Metaplanet’s transformation into what analysts now call “Japan’s MicroStrategy,” as it aggressively builds a Bitcoin treasury portfolio and aims to hold over 1% of total Bitcoin supply (~210,000 BTC) by 2027 X (formerly Twitter)+15AInvest+15Nasdaq+15.
Key Highlights
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New Purchase: 780 BTC acquired for approx. $92.5M, at an average price around $118,600 per BTC Binance+7AInvest+7AInvest+7
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Total Holdings: Metaplanet now holds 17,132 BTC, valued at close to $2 billion with an average cost basis near $100,000 per coin Business Insider+15AInvest+15AInvest+15
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Institutional Role: The company is ranked among the top corporate Bitcoin holders globally, and its stock surged ~5–6% following the announcement Phemex+3AInvest+3AInvest+3
Strategy & Impact
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Metaplanet began accumulating BTC in April 2024, pivoting fully to a Bitcoin-first treasury model with equity and debt issuance funding its purchases Business Insider
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Its approach mirrors that of MicroStrategy (recently rebranded “Strategy”), which pioneered corporate Bitcoin adoption and inspired many follow-on treasury strategies Financial Times+1AInvest+1
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Analysts emphasize that companies like Metaplanet are capitalizing not just on Bitcoin’s upside, but also on investor sentiment—trading at net-asset-value premiums as confidence in BTC treasury models grows Financial Times
What It Means for Crypto Markets & Bangladesh
Institutions boosting Bitcoin exposure—especially via major public filings—play a dual role:
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Driving price support during volatile periods, and
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Encouraging legitimacy of crypto holdings among traditional investors and corporates globally.
For investors in Bangladesh and development markets:
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This reinforces Bitcoin’s appeal as a reserve asset and inflation hedge.
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Signals that diversified treasury strategies, incorporating digital assets, may be viable for small-cap firms with excess capital.
Risks & Considerations
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Metaplanet’s stock is facing dilution pressure from ongoing equity issuance, despite BTC price gains—its shares are down ~40% from this year’s highs even with rising holdings value The Block+13crypto.news+13Bitget+13.
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The company’s ranking slipped to 7th globally among public Bitcoin holders, underscoring the pace of competition from other treasury-driven firms AInvest+3crypto.news+3AInvest+3.
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Large-scale accumulation strategies remain sensitive to macro shocks and governance scrutiny around leverage and audit transparency.
Bottom Line
Metaplanet’s latest acquisition underscores the accelerating trend of corporate balance sheets adopting Bitcoin. The firm’s latest 780 BTC purchase not only cements its reputation in the Bitcoin corporate holder rankings but also highlights a growing institutional thesis: treating Bitcoin as strategic capital, not just a speculative asset.
CentBit.Online will keep an eye on developments across corporate Bitcoin strategies and their influence both globally and in South Asia’s emerging crypto-fintech landscape.