By Nermeen Nabil Khear TLDR
- Metaplanet, dubbed “Asia’s MicroStrategy,” purchased 319 BTC for $26.3 million
- Total holdings now at 4,525 BTC with plans to reach 10,000 BTC by year-end (470% increase)
- Purchase comes amid market uncertainty due to U.S. trade tariffs on Chinese goods
- Eric Trump was appointed to Metaplanet’s Strategic Advisory Board last month
- Metaplanet used stock rights and bonds to fund its Bitcoin accumulation strategy
Tokyo-listed Metaplanet has acquired 319 Bitcoin (BTC) worth 3.78 billion yen ($26.3 million) as part of its growing treasury strategy. The purchase was made at an average price of 12,849,780 yen ($82,549) per coin.
The company, often called “Asia’s MicroStrategy,” has now accumulated a total of 4,525 BTC. According to company statements, Metaplanet plans to grow its Bitcoin holdings by 470% to reach 10,000 BTC by the end of 2025.
CEO Simon Gerovich stated that Metaplanet will expand its BTC holdings by “utilizing the most accretive capital market tools available.” The company has engaged in various capital market activities to fund its accumulation strategy.
“Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury Company,” Gerovich tweeted on Saturday.
Market Reactions
The Bitcoin purchase comes during a period of uncertainty in digital asset markets. BTC dropped more than 2% on Sunday during Asian trading hours, sliding to $83,482.
This market movement coincided with mixed signals from Washington regarding U.S. trade policy toward China. By Monday, 1 a.m. ET, Bitcoin had recovered slightly, trading up 0.4% over 24 hours at $84,990, according to CoinGecko.
Ether was up 1.8% to $1,638 over the same period. Other top cryptocurrencies by market cap posted slight gains or remained unchanged.
Traditional markets showed resilience despite comments from the Trump administration about new tariffs on Chinese electronics. Nasdaq 100 futures rose over 1% in early trading, while S&P 500 futures climbed 0.7%.
Strategic Decisions
Last month, Metaplanet appointed Eric Trump, son of U.S. President Donald Trump, to its newly formed Strategic Advisory Board. The company cited his “business expertise and passion for Bitcoin” as key factors in the appointment.
Metaplanet is following a strategy similar to Michael Saylor’s MicroStrategy, which has influenced many publicly listed firms to add Bitcoin to their treasury holdings.
The company issued stock acquisition rights and bonds to support its Bitcoin accumulation strategy. These financial tools are designed to be accretive to shareholders while enabling the company to build its crypto reserves.
The Tokyo-listed firm made this purchase as the Trump administration continues to send mixed messages about tariffs. While smartphones and semiconductors were temporarily excluded from a proposed 10% “reciprocal” tariff, President Trump later clarified that these products will remain subject to a separate 20% national security levy.
Commerce Secretary Howard Lutnick indicated that more sector-specific tariffs are expected within the next two months. This policy uncertainty has created volatility in both traditional and cryptocurrency markets.
The Trump administration has also launched two Bitcoin-related initiatives: a Strategic Bitcoin Reserve funded by seized BTC and held as a permanent national asset, and a U.S. Digital Asset Stockpile, which includes other confiscated cryptocurrencies.
Metaplanet’s latest Bitcoin purchase represents another step in its mission to become a leading Bitcoin treasury company in Asia. The firm’s stock (JP:3350) rose 3.71% following the announcement.
The post Metaplanet Acquires $26.3 Million in Bitcoin, Plans 470% Holdings Increase by Year-End appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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