The Japanese Metaplanet technology company has acquired another 319 bitcoins for a value of approximately 3.78 billion ¥ ($ 26.3 million), continuing its aggressive strategy of accumulation of Bitcoin in the midst of the growing US commercial tensions.
The company listed in Tokyo purchased Bitcoin at an average price of 11.85 million ¥ ($ 83,147) for money, according to an announcement of Monday on Monday. The latest acquisition brings the total shareholdings of Metaplanet Bitcoin to 4,525 BTC, with an aggregate base of costs of $ 408.1 million at an average purchase price of $ 90,194 per bitcoin.
The purchase comes when Bitcoin suffered a slight drop during the weekend, going down more than 2% to $ 83,482 during the Asian trading hours. The Bitcoin and Crypto market has shown sensitivity to emerging geopolitical tensions, in particular around potential new US commercial tariffs aim for Chinese electronics.
Metaplanet often indicated as “Microstrattegy Asia”, outlined ambitious plans to expand its 470% Bitcoin participations to reach 10,000 BTC by the end of 2025 and 21,000 bitcoin by the end of 2026 For the first quarter of 2025, Metaplanet recorded a 95.6% BTC performance, with a figure of 6.5% year to 14 April.
The latest move of the company has raised its position to become Bitcoin’s ninth public holder at a global level. The Bitcoin strategy of Metaplanet has attracted further attention following the recent appointment of Eric Trump to his strategic consultative committee, citing his commercial competence and passion for Bitcoin. The times of the purchase coincide with complex market dynamics while investors develop mixed signals of Washington as regards the US commercial policy.
The metaplanet Bitcoin acquisition strategy is supported by various capital market activities, including emissions of bonds and actions acquisition rights, designed to raise funds by minimizing the dilution of shareholders. The company currently performed about 41.7% of its “210 million floors”.
The strategic accumulation for the strategic pivot of Metaplanet closely reflects the playbook open from Michael Saylor’s strategy, even if on a small scale. Since he launched his Bitcoin Treasury operations, the Japanese company has shown considerable success in the implementation of a similar approach to exploit financial instruments and market opportunities to acquire Bitcoin.
Like the strategy, Metaplanet has used a combination of convertible debt offers and related equity tools to finance its acquisitions while maintaining a healthy balance. The strategy has produced impressive results, with the company’s bitcoin participations at over 4,500 BTCs in just over a year.