A staggering $104 million Bitcoin acquisition has catapulted Metaplanet into the cryptocurrency stratosphere, with the firm adding 1,004 BTC to its burgeoning digital treasury at an average price of $103,885 per coin. This monumental transaction—the second-largest single-day purchase by any entity—has swelled Metaplanet’s holdings to 7,800 BTC, positioning the company as Asia’s premier Bitcoin holder and surpassing even El Salvador’s sovereign reserves.
Metaplanet’s $104M Bitcoin buy propels it past El Salvador’s reserves, cementing its status as Asia’s crypto titan.
The market’s reaction proved unequivocally enthusiastic, with Metaplanet’s stock surging a robust 15% following the announcement. Such bullish sentiment isn’t entirely unfounded; the company’s Bitcoin investments have yielded a staggering 170% return since early 2025, a performance that would make traditional fund managers weep into their Brooks Brothers handkerchiefs. The announcement also triggered a 2.5% price increase in Bitcoin within 24 hours, demonstrating the growing influence of institutional players on cryptocurrency markets. The acquisition was officially announced on May 19, 2025, causing immediate ripples throughout the financial sector.
Executed through their innovative “moving-strike warrant program” (a mechanism allowing flexible equity issuance that raises fewer eyebrows among regulatory watchdogs), this acquisition represents another calculated step toward Metaplanet’s ambitious 10,000 BTC target. The strategy mirrors MicroStrategy’s playbook—accumulate digital assets aggressively while the traditional financial establishment gradually, begrudgingly acknowledges Bitcoin’s legitimacy. This approach aligns perfectly with Bitcoin’s growing market dominance, which has pushed its total capitalization beyond $1.7 trillion in recent months.
Metaplanet’s longer-term vision appears even more audacious: controlling 1% of Bitcoin’s finite 21-million-coin supply. This ambition, coupled with strong Q1 financial results, suggests the firm views its digital asset portfolio not as speculative froth but as foundational infrastructure for future growth.
The ripple effects extend beyond Metaplanet’s balance sheet. Such conspicuous institutional inflows often trigger broader market rallies and validate Bitcoin as a treasury asset—a notion that would have seemed preposterous to mainstream financial analysts merely five years ago.
Whether this represents prescient financial acumen or reckless corporate gambling depends entirely on Bitcoin’s long-term trajectory. Yet one truth remains inescapable: Metaplanet has positioned itself at the vanguard of corporate cryptocurrency adoption, for better or worse. Their treasury management strategy now serves as either cautionary tale or revolutionary blueprint for corporate finance in the digital age.