Metaplanet Inc.
BTC Holdings
16352
Total P&L
+19.8%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$99,502
Average price paid for each Bitcoin
Share Price
$1,333
Current trading price per share
Market Cap
$6,033.2M
Total market capitalization
Enterprise Value
$5,123.5M
Market cap plus debt minus cash
NAV Multiple
3.086
Net Asset Value multiplier
BTC / Market Cap
32.4%
Bitcoin holdings as % of market cap
About Metaplanet Inc.
Metaplanet Inc. (TSE: 3350.T) has rapidly emerged as a major force in the global Bitcoin landscape, positioning itself as a pioneering public company in Japan with a bold, forward-thinking approach to digital asset investment. Originally focused on Web3, metaverse, and blockchain-driven businesses, Metaplanet has leveraged its innovative background to become a leader in corporate Bitcoin adoption. The company’s core operations span the renovation and operation of hotel assets as blockchain-enabled platforms, consulting for Web3 projects, and the development of digital products—all underpinned by a strong belief in the transformative potential of Bitcoin and decentralized technologies.
Metaplanet’s Bitcoin strategy is both aggressive and transparent. The company has publicly committed to building a substantial Bitcoin treasury, viewing BTC not just as a reserve asset but as a strategic hedge against inflation and fiat currency devaluation. This approach echoes the playbook of global leaders in the space, with Metaplanet aiming to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. With a total cost basis of $414,214,677, Metaplanet’s conviction in Bitcoin is clear, and its ongoing accumulation has made it the largest public Bitcoin holder in Asia and one of the top ten worldwide.
Metaplanet’s market significance cannot be overstated. Its rapid ascent in Bitcoin holdings has drawn comparisons to industry giants and has set a new benchmark for corporate Bitcoin adoption in Asia. By integrating Bitcoin into its treasury and business model, Metaplanet is not only enhancing shareholder value but also signaling a broader shift in how public companies in Japan and beyond approach digital assets.
Metaplanet’s commitment to Bitcoin is reflected in its frequent and sizable acquisitions. The company’s recent activity underscores its aggressive accumulation strategy:
As of mid-April 2025, Metaplanet’s total Bitcoin holdings have reached 4,525 BTC, placing it firmly among the world’s top ten public Bitcoin-holding companies and solidifying its status as Asia’s largest corporate holder. The company’s average acquisition cost stands at approximately $90,194 per BTC, reflecting both its long-term vision and willingness to invest at scale (bitcoinnews.com).
Metaplanet’s ongoing disclosures and transparent reporting set a high standard for corporate governance in the digital asset space. With ambitious targets for further accumulation and a clear investment thesis, Metaplanet Inc. continues to shape the narrative for public companies embracing Bitcoin as a strategic asset.
Recent Developments
- Jul 14, 2025: Bitcoin holdings increased by 797.00 BTC to 16352 BTC with cost basis of $1.6B (BTC @ $119.1K), stock price $1558.00
- Jul 7, 2025: Bitcoin holdings increased by 2205.00 BTC to 15555 BTC with cost basis of $1.5B (BTC @ $109.2K), stock price $1552.00
- Jun 30, 2025: Bitcoin holdings increased by 1005.00 BTC to 13350 BTC with cost basis of $1.3B (BTC @ $108.4K), stock price $1650.00
- Jun 25, 2025: Bitcoin holdings increased by 1234.00 BTC to 12345 BTC with cost basis of $1.2B (BTC @ $106.1K), stock price $1593.00
- Jun 23, 2025: Bitcoin holdings increased by 1111.00 BTC to 11111 BTC with cost basis of $1.1B (BTC @ $101K), stock price $1635.00
Metaplanet Inc. — Bitcoin Holdings Over Time
April 23, 2024 - Present
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Metaplanet Inc. — Stock vs BTC Dynamics
April 23, 2024 - Present
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Balance Sheet History