Japanese investment firm Metaplanet, has made headlines again with another large Bitcoin purchase. This time, the company added 1,241 BTC to its treasury, which cost about $126.7 million at an average price of $102,119 per Bitcoin.
This latest buy brings Metaplanet’s total holdings to 6,796 BTC, putting Metaplanet ahead of El Salvador, which holds 6,174 BTC. The total value of Metaplanet’s Bitcoin stack has grown to over $706 million based on current market prices.
Metaplanet started buying bitcoin in April 2024. Since then, the company has been buying aggressively, in order to grow its holding. The average price Metaplanet has paid across all its purchases is about $89,492 per Bitcoin.
To support these buys, the company has issued about 3.6 Billion JPY (approximately $23 million) in bonds and stock acquisition rights.
These actions have made many compare Metaplanet’s approach to MicroStrategy, but Metaplanet is growing its Bitcoin exposure at a faster rate.
For example, Metaplanet’s “BTC Yield, a measure of Bitcoin growth per share, reached 95.6% in Q1 2025 and has already added another 38% in Q2.
In fact, Metaplanet’s Bitcoin earnings speed is now 3.8 times faster than MicroStrategy’s, according to industry expert Adam Back.
