Metaplanet Accelerates Its Bitcoin Accumulation, Now Asias Largest Holder

The Japanese company Metaplanet, operating under the name «Strategy,» has acquired 319 BTC for $26.52 million, with an average purchase price of $83,147 per coin.

The firm’s total cryptocurrency assets have reached 4,525 BTC, valued at $408.1 million, with an average acquisition cost of $90,194.

As of the first quarter, the company’s bitcoin investments yielded a return of 95.6%, while the performance from January 1 to April 14 stood at 6.5%.

According to Bitcoin Treasuries, Metaplanet has moved up to the ninth position among corporations regarding digital gold reserves, solidifying its status as Asia’s largest bitcoin holder.

Metaplanet has been aggressively increasing its crypto assets since it adopted its bitcoin strategy in early April 2024. The firm aims to amass 10,000 BTC by the end of 2025.

Following the implementation of its crypto strategy in February, the company’s stock saw a remarkable surge of over 2,700%.

On April 13, Strategy purchased 3,459 BTC at an average price of $82,618 per coin, totaling $285.8 million.

The company’s bitcoin reserves have now grown to 531,644 BTC, valued at $35.92 billion, with an average purchase cost of $67,566 per BTC.

Strategy ranks first among corporations for the total amount of held coins, with the second-place holder, MARA, managing 47,600 BTC.

It’s worth noting that for the first quarter, the company reported unrealized losses amounting to $5.91 billion.