Metaplanet, Asia’s largest corporate holder of Bitcoin, has announced the acquisition of 1,004 Bitcoin this past Monday, enhancing its ongoing strategy to accumulate the cryptocurrency.
This recent purchase follows the company’s revelation of record profits for the first quarter, signaling a robust financial performance.
The Tokyo-based entity has acquired these coins at an average price of JP¥15,134,304 per Bitcoin, equivalent to approximately $104,180. This latest investment, amounting to around $104 million, brings Metaplanet’s total Bitcoin holdings to 7,800, now valued at over $800 million.
*Metaplanet Acquires Additional 1,004 $BTC* pic.twitter.com/r86rLc7ngh
— Metaplanet Inc. (@Metaplanet_JP) May 19, 2025
Metaplanet Positions Itself as a Leader in Bitcoin Accumulation
With this aggressive strategy, Metaplanet has surpassed the Bitcoin treasury of El Salvador, which owns only 6,181 Bitcoin according to data from the nation’s Bitcoin Office. The company aims to enhance shareholder value by utilizing Bitcoin as a core asset, having initiated its purchasing strategy in April 2024. It targets holding 10,000 BTC by the end of 2025.
As documented by Bitcoin Treasuries, Metaplanet ranks 10th among public companies globally regarding Bitcoin ownership. This strategy mirrors that of Michael Saylor’s MicroStrategy, which currently boasts over 568,840 BTC in its portfolio.
Revenue Growth Driven by Bitcoin Investments
In its recent quarterly earnings report, Metaplanet announced a remarkable 88% revenue increase, generating JP¥877 million ($6 million) for the first quarter of FY2025, largely attributed to its Bitcoin strategy.
The firm has distinguished itself as Japan’s only publicly traded entity with registered Bitcoin exposure and ranks as the 11th largest public company worldwide in terms of Bitcoin holdings, leading the charge in Asia.
Moreover, by May 12, the company reported a Bitcoin yield of 170%, achieving a net gain of 2,996 BTC during the period.
“Our results speak for themselves: we don’t set targets to feel safe—we set them to exceed them, quarter after quarter,” the company stated in its earnings report.
The post Metaplanet Scores Additional 1,004 Bitcoin, Reports Record-Breaking Q1 2025 Revenue appeared first on Finance Newso.
