Metaplanet boosts Bitcoin reserves to 18,888 BTC

Tokyo-listed Metaplanet has acquired 775 BTC worth $94M, raising its reserves to 18,888 BTC valued at $1.95B. Its Bitcoin assets outweigh debt 18-fold.

Strategic Bitcoin accumulation

Tokyo-listed Metaplanet Inc (3350) announced the purchase of 775 BTC for 13.73 billion yen ($94 million), according to its latest filing. The acquisition was made at an average price of 17.72 million yen ($120,500) per bitcoin.

Following the purchase, the company’s reserves increased to 18,888 BTC, worth approximately 284.1 billion yen ($1.95 billion). This move cements Metaplanet’s position as the seventh largest corporate bitcoin holder worldwide.

Financial strength and low leverage

Across all acquisitions, the average purchase cost now stands at 15.04 million yen ($102,100) per BTC. The company reported a Bitcoin Yield of 29.3% for the latest period, down from 129.4% in Q2.

Despite this decline, Metaplanet maintains a strong balance sheet. Its outstanding debt totals only $117 million, secured by bitcoin holdings valued at $2.18 billion. According to director of bitcoin strategy Dylan LeClair, the company’s 19th Series Ordinary Bonds are over-collateralized by nearly 19 times.

Market reaction and outlook

Shares of Metaplanet rose 4% to close at 900 yen on Monday, even as bitcoin slipped to $115,500. This performance highlights investor confidence in the company’s strategy of using bitcoin as a treasury reserve asset.

With an expanding BTC treasury and minimal leverage, Metaplanet strengthens its reputation as a pioneer in corporate bitcoin adoption. The company’s approach demonstrates how digital assets can enhance balance sheet resilience and long-term financial planning.