Tokyo-based investment firm Metaplanet has continued its aggressive Bitcoin accumulation, adding 463 BTC to its treasury reserves in a single purchase valued at approximately $53.7 million.
The acquisition was revealed on Monday, with the company disclosing that the newly acquired BTC was purchased at an average price of $115,895 per coin. With this latest move, Metaplanet’s total Bitcoin holdings have grown to 17,595 BTC, purchased at an average cost of $101,422, bringing the firm’s total BTC investment to roughly $1.78 billion, according to CEO Simon Gerovich.
Strategic capital raise to fuel Bitcoin standard strategy
The announcement follows Metaplanet’s recent filing on Friday to raise as much as 555 billion yen ($3.7 billion) via a new issuance of perpetual preferred shares. This capital-raising move is part of the company’s long-term commitment to a “Bitcoin standard” strategy — a model where BTC serves as the foundation of corporate treasury growth.
“Our goal is to have multiple tools to raise capital for buying Bitcoin,” Gerovich posted Sunday on X. “On a Bitcoin standard, the mission is to continuously grow Bitcoin per share. Issuing perpetual preferreds is a highly effective mechanism to support that goal.”
Building a corporate Bitcoin treasury in Asia
Metaplanet has emerged as one of the most notable corporate Bitcoin holders in Asia, often compared to U.S. firm MicroStrategy for its bold accumulation strategy. The firm’s escalating BTC purchases coincide with a growing trend among global companies to hedge against fiat currency devaluation and participate in digital asset growth.
As interest in Bitcoin ETFs and global adoption continues to rise, Metaplanet’s moves signal that Asian institutions may increasingly view Bitcoin not just as a speculative asset—but as a long-term strategic reserve.