Tokyo-listed Metaplanet significantly increased its Bitcoin exposure in the fourth quarter of 2025, acquiring 4,279 BTC for approximately $451 million, according to a statement from CEO Simon Gerovich.
The purchases were made at an average price of $105,412 per Bitcoin, lifting the company’s total holdings to 35,102 BTC as of Dec. 30. Metaplanet’s cumulative Bitcoin acquisitions now total roughly $3.78 billion, with an average purchase price of $107,606 per BTC.
Gerovich said the company achieved a Bitcoin yield of 568.2% year-to-date in 2025, highlighting the rapid expansion and performance of its Bitcoin-focused treasury strategy.
Metaplanet has positioned Bitcoin as a core balance-sheet asset, aligning itself with a growing group of publicly traded companies that treat the cryptocurrency as a long-term store of value rather than a short-term trade.
During the quarter, the firm also drew an additional $130 million from its Bitcoin-backed credit line, bringing total borrowings under its $500 million facility to $230 million.
The continued accumulation occurred amid heightened volatility in crypto markets and increasing institutional participation, placing Metaplanet among the larger corporate Bitcoin holders globally as companies race to scale exposure ahead of broader regulatory clarity and adoption.
