Metaplanet Doubles Bitcoin Holdings to 20,000 BTC

Tokyo-based Metaplanet has expanded its Bitcoin holdings by acquiring 1,009 BTC worth about US$112 million, bringing its total to 20,000 BTC.

The latest purchase was made at an average price of US$111,100 per bitcoin, according to the company’s disclosure. This milestone makes Metaplanet the sixth largest public company holding Bitcoin, as per Bitcointreasuries.net rankings. The company’s rapid accumulation is striking—Metaplanet doubled its holdings from 10,000 BTC to 20,000 BTC in under three months, with an ambitious year-end target of 30,000 BTC. To achieve this, the firm recently announced plans to raise 130 billion yen (US$880 million) through an international share offering, primarily to fund further Bitcoin purchases.

Key Highlights

• Metaplanet now holds 20,000 BTC, doubling in under three months
• Plans to raise ¥130B ($880M) for further Bitcoin purchases
• Corporate demand outpaces supply, buying BTC 4x faster than mining

Metaplanet’s strategy mirrors MicroStrategy’s corporate Bitcoin treasury model, which has seen significant success in the U.S. Like MicroStrategy, Metaplanet is exploring borrowing against its Bitcoin holdings to acquire cash-generating businesses, signaling a long-term strategy of using BTC as both a treasury reserve and financial collateral.

This aggressive accumulation comes amid a supply-demand imbalance in the Bitcoin market. Corporations are collectively purchasing around 1,755 BTC daily, compared to miners producing only 450 BTC, meaning businesses are absorbing Bitcoin nearly four times faster than new supply enters circulation. With more than 90 public companies now holding over 948,000 BTC, corporate treasuries have increased Bitcoin holdings by 347 percent since 2022.

Also Read: Metaplanet Buys 780 Bitcoins, Now Holds $2B in BTC

Metaplanet’s swift rise underscores how companies adopting this treasury strategy can scale rapidly in an increasingly supply-constrained Bitcoin market.