Metaplanet’s Bitcoin holdings
On October 1, Metaplanet achieved its 2025 target with the purchase of 5,268 BTC, bringing its total holdings to 30,823 BTC. The company purchased them at an average price of $107,912 per Bitcoin, which means the total investment was roughly $3.33 billion.
At Bitcoin’s current price of around $112,000, the holdings are worth about $3.45 billion. This leaves Metaplanet with an unrealized profit of around $120 million on its Bitcoin holdings.
To finance its Bitcoin acquisitions, Metaplanet recently raised approximately $1.4 billion from issuing preferred shares, a combination of debt and equity, following shareholders’ approval. In spite of the volatility, the company continues to increase its holdings of cryptocurrency, standing as one of the largest corporate bitcoin owners in Japan.
Metaplanet is not the only one that is under pressure. Other companies with significant token holdings have watched share prices drop in recent times as demand tapers off and excitement about crypto treasury stocks wears off.