“Japan Micro Strategy” Metaplanet purchased 4,279 BTC in Q4, spending approximately 69.855 billion JPY (about $448 million), which pushed its total holdings to 35,102 BTC, valued at around $3 billion.
According to disclosed company information, these purchases were executed at an average price of 16.325 million JPY (about $105,000) per BTC, funded through debt financing, equity issuance, and options strategies.
This Tokyo-listed company is often referred to as “Japan Micro Strategy” due to its aggressive Bitcoin accumulation strategy. The company reported a “Bitcoin Yield” of 11.9% for Q4 ending December 30, which is a key performance indicator measuring growth relative to share dilution. This marks a milestone in the transformation of 2025 — Metaplanet’s holdings surged from 1,762 BTC at the end of 2024 to over 33,000 BTC, with total acquisitions for the year reaching 559.726 billion JPY (about $3.59 billion), at an average cost of 15.946 million JPY (about $102,000) per BTC.
Metaplanet’s “Bitcoin Income Generation” division uses independent pool options strategies to generate recurring income without utilizing core reserve assets. In 2025, this division generated 8.58 billion JPY (about $55 million) in revenue, exceeding initial expectations. Quarterly revenue also increased from approximately 680 million JPY (about $4.3 million) in Q4 2024 to over 4.2 billion JPY (about $27 million) by the end of 2025, with a compound growth rate of 57%. The company officially listed Bitcoin reserves as its core business on December 18, 2024.
To support this series of purchases, Metaplanet drew down $280 million in Bitcoin-backed loans under a $500 million credit framework in Q4; additionally, in late December, it raised 21.249 billion JPY by issuing 23.61 million Class B convertible preferred shares. The company also redeemed the remaining 3.75 billion JPY of Series 19 ordinary bonds on December 29. These measures echo the approach of US peer Strategy, which increased its Bitcoin holdings by over 225,000 BTC in 2025, reaching a total of 672,497 BTC. Despite this, Metaplanet’s expansion in Asia continues to attract investor enthusiasm.
Metaplanet (Tokyo Stock Exchange ticker: 3350) has seen its stock price soar over 345% this year, far surpassing Bitcoin’s 100% increase, even as Bitcoin retreated from its high of over $126,000 in October. On the X platform, the community responded enthusiastically to this announcement, praising the company’s “amazing” ability to attract capital and predicting its 2026 holdings could reach 100,000 BTC.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Metaplanet 2025 achieves a perfect conclusion! Invested $448 million to increase Bitcoin holdings, surpassing 35,000 coins in total holdings.
“Japan Micro Strategy” Metaplanet purchased 4,279 BTC in Q4, spending approximately 69.855 billion JPY (about $448 million), which pushed its total holdings to 35,102 BTC, valued at around $3 billion.
Metaplanet Acquires Additional 4,279 BTC, Total Holdings Reach 35,102 BTC pic.twitter.com/Bkas5kCZGY
— Metaplanet Inc. (@Metaplanet) December 30, 2025
According to disclosed company information, these purchases were executed at an average price of 16.325 million JPY (about $105,000) per BTC, funded through debt financing, equity issuance, and options strategies. This Tokyo-listed company is often referred to as “Japan Micro Strategy” due to its aggressive Bitcoin accumulation strategy. The company reported a “Bitcoin Yield” of 11.9% for Q4 ending December 30, which is a key performance indicator measuring growth relative to share dilution. This marks a milestone in the transformation of 2025 — Metaplanet’s holdings surged from 1,762 BTC at the end of 2024 to over 33,000 BTC, with total acquisitions for the year reaching 559.726 billion JPY (about $3.59 billion), at an average cost of 15.946 million JPY (about $102,000) per BTC. Metaplanet’s “Bitcoin Income Generation” division uses independent pool options strategies to generate recurring income without utilizing core reserve assets. In 2025, this division generated 8.58 billion JPY (about $55 million) in revenue, exceeding initial expectations. Quarterly revenue also increased from approximately 680 million JPY (about $4.3 million) in Q4 2024 to over 4.2 billion JPY (about $27 million) by the end of 2025, with a compound growth rate of 57%. The company officially listed Bitcoin reserves as its core business on December 18, 2024. To support this series of purchases, Metaplanet drew down $280 million in Bitcoin-backed loans under a $500 million credit framework in Q4; additionally, in late December, it raised 21.249 billion JPY by issuing 23.61 million Class B convertible preferred shares. The company also redeemed the remaining 3.75 billion JPY of Series 19 ordinary bonds on December 29. These measures echo the approach of US peer Strategy, which increased its Bitcoin holdings by over 225,000 BTC in 2025, reaching a total of 672,497 BTC. Despite this, Metaplanet’s expansion in Asia continues to attract investor enthusiasm. Metaplanet (Tokyo Stock Exchange ticker: 3350) has seen its stock price soar over 345% this year, far surpassing Bitcoin’s 100% increase, even as Bitcoin retreated from its high of over $126,000 in October. On the X platform, the community responded enthusiastically to this announcement, praising the company’s “amazing” ability to attract capital and predicting its 2026 holdings could reach 100,000 BTC.