Metaplanet Expands Bitcoin Holdings to Over 4,855 BTC as Price Surpasses $87K
Metaplanet, the publicly-listed Japanese firm, announced on Monday that it had acquired an additional 330 Bitcoin (BTC), bringing its total holdings to 4,855 BTC, currently valued at over $420 million. The purchase comes as Bitcoin surges past the $87,300 mark, recovering from last week’s losses.
This latest acquisition marks Metaplanet’s third bitcoin purchase this month, despite broader market uncertainty driven by concerns over tariffs and a general lack of optimism. Earlier this month, Metaplanet solidified its position as the tenth-largest public holder of Bitcoin.
Metaplanet isn’t alone in its bullish stance on Bitcoin. Another Japanese company, fashion retailer ANAP Holdings, also increased its BTC holdings, purchasing approximately 16.66 BTC (worth around 200 million yen, or about $1.4 million) last week. The company’s cryptocurrency holdings will be managed by its subsidiary, ANAP Lightning Capital. ANAP Holdings plans to assess its Bitcoin assets quarterly, with any fluctuations in market value directly impacting its profit and loss statements.
ANAP’s BTC yield for the quarter stands at 12.1%, compared to the previous quarter’s impressive 95%. This “BTC Yield” metric is unique to the firm, measuring the growth of Bitcoin relative to fully diluted shares.
In a time of financial instability, Bitcoin has shown resilience compared to traditional assets. While U.S. equities lost $5.4 trillion in value over two days following President Trump’s announcement of reciprocal tariffs in April, Bitcoin’s decline was comparatively modest at just 6%, highlighting its relative stability.
As for Metaplanet, the company’s stock on the Tokyo Stock Exchange has seen a nearly 0.9% increase since market open, reflecting investor confidence in its growing Bitcoin strategy.
