Japanese investment firm Metaplanet has significantly bolstered its Bitcoin portfolio, now exceeding $400 million after a recent acquisition. The firm purchased 330 Bitcoin for $28.2 million, averaging $85,605 per Bitcoin , bringing its total holdings to 4,855 Bitcoin valued at $414 million. This latest investment has led to a year-to-date yield of more than 119% for Metaplanet.
To finance this Bitcoin acquisition, Metaplanet issued bonds worth 2 billion Japanese yen (approximately $13.3 million) at the end of March. This strategic move underscores the firm’s commitment to growing its Bitcoin holdings and illustrates an increasing trend among institutional investors in the cryptocurrency space. Currently, Metaplanet stands as Asia’s largest corporate Bitcoin holder and ranks tenth globally, showcasing the expanding influence of institutional investment in the cryptocurrency market.
Analysts note that the influx of institutional capital into Bitcoin is propelling the cryptocurrency through its typical four-year cycle, with expectations that the market may experience a significant peak in mid-2026. The prediction is bolstered by a more mature market characterized by increased liquidity. As more firms engage with Bitcoin , the potential for price appreciation appears promising.
Metaplanet has set an ambitious goal of acquiring a total of 21,000 Bitcoin by the year 2026, aimed at enhancing Bitcoin adoption in Japan. This strategy has drawn parallels to prominent firms like MicroStrategy, known for its substantial Bitcoin holdings. Recently, another major player, MicroStrategy, acquired 3,459 Bitcoin for approximately $285.5 million, further solidifying its position as the largest corporate holder.
Despite current uncertainties impacting investor sentiment, analysts remain optimistic about Bitcoin ’s long-term price trajectory. Some experts project that Bitcoin could potentially reach upwards of $1.8 million by 2035, fueled by its increasing recognition as a viable alternative to traditional savings technologies and its capacity to rival gold ’s substantial market capitalization.
