Japanese Bitcoin treasury firm Metaplanet Inc. has executed its largest single Bitcoin purchase to date, acquiring 5,419 BTC for roughly $627–632.5 million at an average price of about $116,000 per BTC. This September 22, 2025 transaction lifted the Tokyo Stock Exchange–listed company’s total reserves to 25,555 BTC, worth around $2.67–2.71 billion at the time of reporting, and positioned it among the top five public corporate Bitcoin holders globally and the largest in Asia. The latest acquisition is part of Metaplanet’s deliberate pivot to a Bitcoin-focused treasury strategy, modeled on U.S. firm MicroStrategy (referred to as “Strategy” in some coverage), with the company using equity financing to scale up its BTC balance sheet. According to disclosures and industry reports, Metaplanet has either completed or is targeting about $1.4 billion in share issuance proceeds earmarked specifically for Bitcoin purchases, which funded the most recent buy and supports an aggressive roadmap of 30,000 BTC by end-2025, 100,000 BTC by 2026, and 210,000 BTC by 2027—approximately 1% of Bitcoin’s fixed 21 million supply. This strategy is significant both for Japan’s traditionally conservative corporate sector and for the broader Bitcoin market, as it deepens the trend of listed companies using BTC as a primary reserve asset despite price volatility and regulatory uncertainty.

AI-generated background, compiled from web sources — not editorial content.

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