Metaplanet Pushes Bitcoin Holdings to 8,888 BTC

Tokyo-based Metaplanet Inc. (3350.T) has purchased an additional 1,088 Bitcoin, bringing its total holdings to exactly 8,888 BTC worth over $930 million as the company continues its aggressive cryptocurrency accumulation strategy through multiple funding mechanisms.

The latest purchase, made at an average price of 15.519 million yen per Bitcoin (approximately $105,000), cost the company 16.885 billion yen and demonstrates Metaplanet's sustained commitment to building one of the largest corporate Bitcoin treasuries globally.

With total Bitcoin acquisitions now reaching 122.269 billion yen at an average cost of 13.756 million yen per coin, Metaplanet has positioned itself among the most Bitcoin-focused publicly traded companies worldwide, following strategies pioneered by firms like Strategy .

Multi-Pronged Funding Strategy

Metaplanet's Bitcoin accumulation has been funded through an sophisticated combination of equity and debt instruments designed to maximize capital raising while minimizing dilution concerns. The company recently completed its ambitious "21 Million Plan," which saw the full exercise of 210 million stock acquisition rights.

Between May 1 and May 16, 2025, investors exercised 94.14 million shares across three series of stock acquisition rights, bringing Metaplanet's total outstanding shares to 593.214 million as of May 16. The completion of the 13th through 17th Series of Stock Acquisition Rights on May 20 marked the successful conclusion of the plan originally disclosed in January.

The company has supplemented equity fundraising with strategic bond issuances to EVO FUND, raising $71 million through two separate zero-coupon, non-interest-bearing ordinary bond series in late May. The 16th Series raised $50 million with maturity on November 27, 2025, while the 17th Series contributed $21 million with November 28, 2025 maturity.

Corporate Bitcoin Treasury Trend

Metaplanet's accumulation strategy positions it within the growing corporate Bitcoin treasury movement that has gained momentum following Strategy's pioneering approach. However, the Japanese company's funding mechanisms and acquisition pace distinguish it from other corporate Bitcoin adopters.

The precision of reaching exactly 8,888 Bitcoin holdings suggests deliberate planning around symbolic numbers, potentially reflecting cultural significance of the number eight in Japanese business culture, where it represents prosperity and success.

At current market prices, Metaplanet's Bitcoin holdings represent a substantial portion of the company's market capitalization, creating significant exposure to cryptocurrency price movements while positioning shareholders for potential upside from Bitcoin appreciation.

Metaplanet stock currently stands at 1,149 JPY, or up 168.48% over the past month.