Metaplanet, a publicly traded Japanese company, has acquired 1,241 Bitcoin (BTC) for approximately $117 million on May 12, 2025. This purchase elevates Metaplanet's total BTC holdings to 6,796, allowing it to surpass El Salvador's official BTC reserves and positioning the company as a leading corporate Bitcoin holder in Asia.
Following this acquisition, Bitcoin's price spiked from $93,800 to $95,950—a 2.3% increase. The transaction has drawn significant attention both from the cryptocurrency sector and the Japanese stock market, with shares of Metaplanet experiencing notable post-announcement gains. The move is part of Metaplanet's broader strategy to employ Bitcoin as a treasury reserve, mirroring the approach taken by MicroStrategy and signaling strong confidence in BTC as a hedge against economic and currency volatility.
The acquisition underlines a growing trend of institutional and corporate adoption of Bitcoin, suggesting that similar actions by other public companies may follow. Analysts note that this could exert positive influence on overall market dynamics, spark further corporate BTC purchases, and place additional attention on the role of digital assets in treasury diversification. The step may also attract regulatory focus due to the increasing size and influence of corporate Bitcoin holdings.
Metaplanet's leadership has indicated intentions to continue growing its Bitcoin reserves, aided by potential further bond issuances. This proactive accumulation signals not only increased institutional support for Bitcoin but also marks a transformative period for BTC's role in corporate finance.