Metaplanet Bitcoin Purchase Takes Holdings to 20K BTC, Overtaking Riot Platforms
Tokyo, Sep 1, 2025 Metaplanet has significantly increased its bitcoin holdings, acquiring an additional 1,009 BTC for its treasury. This move brings the company’s total bitcoin stash to 20,000 BTC, surpassing Riot Platforms and making Metaplanet the sixth-largest corporate holder of the cryptocurrency. The acquisition highlights the company’s ongoing commitment to expanding its digital asset portfolio amid growing institutional interest in bitcoin.
Despite the sizable accumulation, Metaplanet’s stock closed lower, dropping 5.5% to ¥831. Market analysts suggest that short-term investor sentiment and broader market fluctuations may have influenced the decline. Nevertheless, the company’s strategic bitcoin investment positions it as a major player in the corporate crypto landscape, signaling confidence in bitcoin’s long-term potential and reinforcing its growing influence in the digital asset ecosystem.
Why this milestone matters
Metaplanet’s move cements its reputation as Asia’s most aggressive public-market accumulator of bitcoin. With Metaplanet Bitcoin holdings 20,000 BTC, the Tokyo-listed firm now sits just behind the sector’s biggest corporate treasuries and signals continued institutional confidence in BTC as a reserve asset.
The latest purchase at a glance
Size: 1,009 BTC
Value: ~¥16.5B (≈ $112M)
Rank impact: Surpasses Riot Platforms for sixth place among public companies by BTC holdings
The company framed the buy as part of a long-term strategy to make bitcoin a core treasury component. Executives have repeatedly emphasized balance-sheet resilience and an inflation-hedging mandate that aligns with Metaplanet Bitcoin holdings 20,000 BTC.

Market reaction: shares slip on the day
Despite the larger bitcoin stash, Metaplanet shares fell 5.5% to ¥831 on Monday. Short-term equity pressure following sizeable treasury actions is not unusual, particularly when traders weigh currency effects, near-term dilution risk, or profit-taking against longer-term bitcoin exposure.
By the numbers
Cumulative BTC spend: ~¥302.3B
Average acquisition cost: ~¥15.1M per BTC
Performance (Jul 1–Sep 1): ~30.7% BTC yield
mNAV: Just under 2
These figures illustrate how Metaplanet Bitcoin holdings 20,000 BTC has scaled in both size and strategic importance, even as equity volatility persists.
What to watch next
Treasury cadence: Whether additional buys maintain the company’s climb up the rankings
Equity/BTC correlation: Sensitivity of the stock to BTC price swings and yen moves
Peer response: If other Asian corporates emulate a bitcoin-forward treasury stance
Policy backdrop: Any Japan-specific guidance that could influence treasury crypto holdings

Bottom line
Metaplanet has boosted its bitcoin holdings to 20,000 BTC with a recent $112 million purchase, turning its balance-sheet strategy into a powerful market statement. The acquisition propels the company past Riot Platforms, securing a prominent spot on the global corporate bitcoin leaderboard and showcasing its growing influence in digital assets.
Despite the strategic move, the company’s shares experienced a near-term dip, reflecting short-term market reactions. However, Metaplanet’s long-term focus on bitcoin highlights its confidence in the cryptocurrency’s role in corporate finance, signaling that the firm is positioning itself for sustained influence and potential future gains.
FAQs
Q1 . Why is Metaplanet Bitcoin holdings 20,000 BTC such a big deal?
A . It moves Metaplanet to sixth among public companies by BTC, highlighting deep treasury conviction and growing Asian leadership in corporate bitcoin exposure.
Q2 . How did the market react to the new purchase?
A . Shares fell 5.5% to ¥831 on the day, a reminder that equity responses can diverge from long-term treasury strategy.
Q3 . What’s Metaplanet’s average bitcoin cost basis?
A . Roughly ¥15.1M per BTC, based on cumulative purchases of about ¥302.3B.
Q4. Did Metaplanet surpass Riot Platforms in BTC holdings?
A . Yes, The latest buy pushed its stash ahead of Riot, placing Metaplanet sixth among publicly traded corporate holders.
Q5 . What’s next for Metaplanet’s treasury strategy?
A . Watch for additional buys, correlation with BTC price, and any Japan policy changes that could shape future allocations.


