Metaplanet’s Bold Bitcoin Moves: 35,102 BTC and Soaring Yields
4.7 Investments Metaplanet acquired 4,279 BTC in Q4 2025, raising total holdings to 35,102 BTC. Despite market volatility, it reported a 568.2% BTC yield and strong revenue from Bitcoin-related operations.
Metaplanet Inc. significantly expanded its Bitcoin holdings in the fourth quarter of 2025, acquiring 4,279 BTC for approximately $451 million at an average price of $105,412 per coin. This brought its total Bitcoin balance to 35,102 BTC, accumulated at an average cost of $107,606 per BTC, with a total investment of about $3.78 billion. Despite Bitcoin's price volatility, which saw the portfolio's market value drop by 18.9% to $3.06 billion, Metaplanet reported a year-to-date BTC yield of 568.2% for 2025, a metric reflecting the increase in Bitcoin holdings per fully diluted share. The company funded its purchases through loans, new stock issuance, and operating income, while also generating revenue from Bitcoin derivatives and option strategies. Metaplanet's Bitcoin Income Generation business reported JPY 4.24 billion in Q4 revenue and JPY 8.58 billion for the full year, exceeding forecasts. The company's aggressive accumulation strategy positions it as the fourth largest corporate Bitcoin holder globally and highlights a growing trend of institutional adoption of Bitcoin as a treasury asset.
