Metaplanet Inc. Expands Bitcoin Holdings to 4,046 BTC

MicroStrategy’s Japanese subsidiary, Metaplanet Inc., has added another 696 Bitcoin to its growing portfolio, bringing its total holdings to 4,046 BTC.
This acquisition comes alongside the company reporting strong earnings from its Bitcoin investments in the first quarter of the year.
Metaplanet’s Bitcoin Purchase Strategy
Metaplanet made the latest Bitcoin purchase through cash-secured put options, a strategy that enables the company to buy Bitcoin at a lower effective cost.
The company confirmed that the latest acquisition of 696 BTC was made at a total cost of 10.152 billion yen, with each Bitcoin priced at an average of 14,586,230 yen. This brings the average price of all 4,046 BTC held by the company to 12,943,181 yen per BTC, with a total investment of 52.368 billion yen.
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Bitcoin Treasury Operations Boost Financial Strategy
Metaplanet’s Bitcoin Treasury Operations remain a key part of its broader financial strategy. By utilizing put options, Metaplanet enhances its capital efficiency, generating revenue and expanding its Bitcoin reserves at advantageous prices.
The continued expansion of Bitcoin holdings has proven to be a crucial element in the company’s growth, contributing to its robust financial performance in 2025.