- Metaplanet now holds 20,000 BTC after four major August purchases totaling over $300 million.
- Despite rapid BTC accumulation, Metaplanet stock drops 4% amid broader market selling pressure.
Metaplanet disclosed acquiring 1,009 Bitcoins worth $112 million which marks a new milestone for the company in amassing Bitcoin holdings now totaling 20,000 BTC. With the current valuation, the firm’s Bitcoin assets now exceed $2 billion. In the disclosure shared on the 1st of September, the company provided details about the acquisition and mentioned the average purchase price of each coin of $111,068.
*Metaplanet Acquires Additional 1,009 $BTC, Total Holdings Reach 20,000 BTC* pic.twitter.com/kwvUkQaFth
— Metaplanet Inc. (@Metaplanet_JP) September 1, 2025
With this purchase, the Japanese investment firm is now one of the top public creditors of Bitcoin, ranking above Riot Platforms. The firm is also succeeding some of the heavyweight treasuries like Marathon Digital and Strategy.
Rapid Accumulation Since July
Metaplanet has been expanding its Bitcoin position aggressively. In August, it completed four large purchases: 463 BTC, 518 BTC, 775 BTC, and 1,009 BTC. These transactions brought its total from 18,888 BTC to the current 20,000 level in under a month.
Meanwhile, the company had previously raised its year-end target from 10,000 BTC to 30,000 BTC. To fund this expansion, it raised about $837 million through overseas share offerings. Most of this capital is set aside for Bitcoin purchases planned for September and October.
Metaplanet will hold a shareholder meeting in Tokyo to discuss new funding options, including preferred stock. These proposals are aimed at maintaining the company’s buying strategy.
Bloomberg reported that Eric Trump is expected to attend the meeting. Trump, who was appointed as a strategic adviser to Metaplanet’s board in March 2025, has been described by the firm as “a leading voice and advocate of digital asset adoption worldwide.”
Stock Slides Despite Treasury Growth
Following the latest Bitcoin purchase, Metaplanet’s stock dropped 4%, closing at 843 yen. The price has fallen around 7% over the past week, adding to a broader decline. While the company’s shares surged earlier this year, recent weakness in the stock has mirrored the wider market.
Bloomberg data shows the stock had gained over 400% by mid-2025 but has since lost nearly half its value. In response, Metaplanet announced a new $884 million capital raise through a global share sale, with the option to expand the offering. The company is also reviewing other ways to strengthen its balance sheet.
As of the time of writing, Bitcoin is trading for $108,980, marking a 0.27% increase in the past 24 hours and a 2.65% decrease over the past week. The wider narrative is negative, with further withdrawals from Bitcoin ETFs and widespread strain in the digital asset market.
The latest move by Metaplanet is in line with the firm’s long-term corporate strategy to increase its Bitcoin holdings. The firm still prioritizes digital assets as a significant reserve, despite the downturn in the market.
