Metaplanet, a publicly traded company, has significantly increased its Bitcoin holdings, positioning itself as the fourth-largest corporate holder of the digital asset. The firm recently acquired an additional 5,288 BTC for approximately $615.67 million, expanding its treasury strategy amid a dynamic cryptocurrency market.
This latest purchase brings Metaplanet's total reserves to 30,823 BTC. The company's financial results show substantial growth in its Bitcoin-related operations, even as its stock price experienced a notable decline following the announcement.
Key Takeaways
- Metaplanet is now the fourth-largest corporate holder of Bitcoin after acquiring 5,288 BTC for $615.67 million.
- The company's total Bitcoin holdings have reached 30,823 BTC, acquired for a total of $3.33 billion.
- Quarterly revenue from its Bitcoin Income Generation segment grew by 115.7% compared to the previous quarter.
- Despite positive operational news, Metaplanet's shares dropped 10% during Wednesday's trading session.
Details of the Latest Bitcoin Acquisition
Metaplanet executed a significant purchase, adding 5,288 bitcoins to its corporate treasury. The transaction was valued at $615.67 million, which calculates to an average price of $116,870 per bitcoin for this specific acquisition.
This move is part of a larger, ongoing strategy by the company to accumulate Bitcoin as a primary treasury reserve asset. The firm has been consistently investing in the cryptocurrency, reflecting a strong conviction in its long-term value.
Understanding Corporate Bitcoin Treasuries
A growing number of public companies are adding Bitcoin to their balance sheets. They do this for several reasons, including hedging against inflation, seeking higher returns than traditional assets, and diversifying their corporate treasury. Companies like MicroStrategy pioneered this strategy, and others, including Metaplanet, have followed suit.
Total Holdings and Average Cost
With this latest addition, Metaplanet's total Bitcoin holdings now stand at an impressive 30,823 BTC. The company has invested a total of $3.33 billion to accumulate this position over time.
The overall average purchase price for its entire Bitcoin stash is approximately $107,912 per bitcoin. This figure is crucial for investors as it represents the company's cost basis, against which future gains or losses will be measured.
Strong Financial Performance and Upgraded Guidance
Alongside its acquisition news, Metaplanet reported robust financial results for its most recent quarter. The company's Bitcoin Income Generation segment has shown remarkable growth and profitability.
According to CEO Simon Gerovich, this segment recorded quarterly revenue of $16.16 million (equivalent to ¥2.438 billion). This represents a significant increase of 115.7% when compared to the second quarter of 2025, demonstrating rapid expansion in its Bitcoin-related business activities.
Projected Bitcoin Yield
CEO Simon Gerovich stated that based on the company's strategy and recent acquisitions, Metaplanet's projected Bitcoin yield for the year 2025 is an estimated 497.1%. This high-yield projection underscores the aggressive nature of the company's Bitcoin-focused financial strategy.
Revised Full-Year Forecast
The strong performance in the third quarter prompted Metaplanet to revise its consolidated financial guidance for the full fiscal year of 2025. The company now anticipates significantly higher revenue and profit than previously forecast.
The new guidance reflects a 100% increase in projected revenue and an 88% increase in projected operating profit compared to its prior forecast. This upward revision signals strong confidence from management in the sustainability of its current business momentum.
"Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned Metaplanet preferred share issuance, which supports our broader Bitcoin Treasury strategy," stated CEO Simon Gerovich.
The CEO's statement highlights that the strong operational results are a key component of a larger plan. The company intends to issue preferred shares, using its strengthened financial position to further support and expand its Bitcoin treasury holdings.
Market Reaction and Broader Industry Trends
Despite the positive news regarding its Bitcoin acquisitions and financial performance, Metaplanet's stock (ticker: 3350) did not react favorably. During Wednesday's trading session, the company's shares fell by 10%, closing at 516 yen.
This negative market reaction could be attributed to several factors. Investors may be concerned about potential dilution from the upcoming preferred share issuance mentioned by the CEO, or it could be a case of "selling the news" after a run-up in the stock price.
Surging Crypto Trading Volumes
Metaplanet's strategy is unfolding against a backdrop of increasing activity in the broader cryptocurrency market. Recent data shows that the combined spot and derivatives trading volume on centralized exchanges has reached a yearly high.
In August, trading volume surged by 7.58% to reach $9.72 trillion, the highest monthly volume recorded in 2025. This indicates heightened interest and participation in the crypto market from both retail and institutional players.
Institutional Adoption Gains Momentum
Further evidence of growing institutional interest comes from the Canton Network, an institutional-grade blockchain. According to research from Copper, the network has seen a significant surge in activity, now processing more than 500,000 daily transactions.
This growth is reportedly fueled by major banks and U.S. crypto exchanges joining as validators on the network. The increasing involvement of established financial institutions in blockchain infrastructure suggests a maturing market and provides a supportive environment for companies like Metaplanet that are heavily invested in digital assets.
