After issuing 2b yen in zero-interest ordinary bonds, once again Metaplanet disclosed acquiring 160 Bitcoins, and with this purchase, its total BTC holdings are now 4,206 BTC. Since the last few quarters, the Japanese giant has constantly boosted its holdings to acquire 10k Bitcoin by 2025 and 21k by 2026.
According to the X post of Metaplanet dated April 2, 2025, the recent purchase was at an average price of 12,489,609 yen per Bitcoin, and the aggregate purchase was 1.998 billion yen.
Till writing, the total Bitcoin held by Metaplanet is valued at $356.1 million, and from April 01, 2025, to April 02, 2025, the Bitcoin yield of the company is 3.9%, and the yield from January 01, 2025, to March 31, 2025, is 95.6%.
Since the beginning of 2024, Metaplanet has shown its inclination toward crypto, especially Bitcoin, and announced that it would invest in BTC as an investment strategy.
With a fresh buying of 160 Bitcoin, the company has become the world’s ninth-largest publicly listed Bitcoin holder and is referred to as the MicroStrategy (now Strategy) of Asia.
When Metaplanet announced its Bitcoin investment strategy, it grew significantly, reaching a new milestone; however, when writing, it was down by 1.23% at 404 JPY.
In the weekly time frame, the stock of Metaplanet is down by 19%, yet it has reflected a massive growth of 304.81% in the past 6 months.
Most recently, the company disclosed its finances, showing a growth of 801% year on year in revenue, net income up by 1876%, and net profit margin growing by 297%.
It is worth noting that MSTR stock added 90.54% in the 52-week time frame, while Metaplanet stock grew 1,920%.
According to the data from TradingView, 420 million Metaplanet shares are free-floating, and 38.20 million are closely held. The data also says that the company’s significant revenue is generated from the Bitcoin treasury, followed by the hotel business.
Bitcoin price update and analysis
Over weeks, Bitcoin prices have tumbled below the mark of $90k, and when writing, it was trading at $2.67 trillion with a loss of 5.32% in a week and more than 10% in the weekly frame.
Back-to-back declines have dragged BTC below all its crucial exponential moving averages, and its market capitalization has also seen significant bleeding, currently below $2 trillion.
However, despite this decline, its dominance has continuously grown, and to date, it dominates around 62% of the market, with Ethereum holding control at around 9%.
If Bitcoin continues to fall in the coming session, it might fall below the mark of $76k, followed by the next visible support of $73k.
Yet, in case of reversal, Bitcoin could trade above $90k, followed by the next resistance of $103k.