Metaplanet has acquired 775 more bitcoins for $93 million, pushing its total holdings to 18,888 BTC as it continues to champion Bitcoin as a corporate asset.
Key Takeaways
- 1Metaplanet purchased 775 BTC at an average price of $120,006, bringing its total to 18,888 BTC.
- 2The firm’s Bitcoin portfolio is now worth approximately $2.2 billion.
- 3Dormant wallets moved nearly 32,000 BTC, raising volatility concerns across the market.
- 4Bitcoin is currently trading at $115,402, down 2.2 percent in the past 24 hours.
What Happened?
Metaplanet, a Tokyo-listed investment firm, has expanded its Bitcoin holdings again, purchasing 775 BTC for around $93 million. This latest move brings the company’s total stash to 18,888 BTC, now valued at roughly $2.2 billion. The average acquisition cost across all purchases stands at $102,653 per bitcoin.
Metaplanet’s Strategic Bitcoin Play
Since launching its Bitcoin-focused treasury strategy in April 2024, Metaplanet has swiftly climbed the ranks among corporate BTC holders. With its latest buy priced at $120,006 per BTC, the firm is signaling long-term conviction even at elevated market levels.
Metaplanet has acquired 775 BTC for ~$93 million at ~$120,006 per bitcoin and has achieved BTC Yield of 480.2% YTD 2025. As of 8/18/2025, we hold 18,888 $BTC acquired for ~$1.94 billion at ~$102,653 per bitcoin. $MTPLF pic.twitter.com/9r1law8jyH
,Simon Gerovich (@gerovich) August 18, 2025
- CEO Simon Gerovich confirmed the buy on X, stating “18,888 BTC. Onward and upward.”
- He emphasized that the company is not just holding Bitcoin but generating consistent returns from it.
- Metaplanet reported a 2025 yield of 480.2 percent and continues to position Bitcoin as both a reserve asset and performance engine.
The company’s quarterly metrics back this up:
- Q2 revenue hit 1.2 billion yen ($8.4 million), a 41 percent jump quarter-over-quarter.
- Net income swung to a 11.1 billion yen ($75.1 million) profit after a loss in Q1.
- Bitcoin yield performance has remained positive for five straight quarters, with the latest reported yield at 29.3 percent from July 1 to August 18, 2025.
Dormant Wallet Activity Sparks Market Volatility
As Metaplanet added to its holdings, blockchain watchers observed unusual activity from long-inactive wallets. According to analyst Maartunn, 31,967 BTC worth $3.78 billion moved from wallets that had been dormant for three to five years.
These rare transfers have historically coincided with major market shifts:
- They can signal the start of a selloff or mark significant price bottoms.
- Traders are now closely monitoring whether these coins are headed for exchanges.
The timing raised eyebrows as the movement came just as institutional investors like Metaplanet were ramping up exposure.
Bitcoin’s Price Slides Amid Mixed Signals
Despite strong corporate buying, Bitcoin’s price dropped. As of the latest update:
- BTC is trading at $115,402, down 2.2 percent over the past 24 hours.
- It has fallen over 5 percent in the past week, with daily trading volumes above $30 billion.
Analysts believe the combination of profit-taking, dormant wallet activation, and persistent volatility is contributing to the downturn. Still, they note that sustained institutional accumulation offers longer-term support even during pullbacks.
CoinLaw’s Takeaway
I find Metaplanet’s strategy incredibly bold and refreshing. In a world where most companies play it safe, here’s a Japanese firm treating Bitcoin like a core financial instrument, not just a speculative asset. What stands out is their discipline: buying even at $120,000 per coin shows true conviction. I’ve seen too many firms hesitate at lower levels and miss the boat entirely. And while dormant wallet activity is shaking up traders, I believe it’s the calm, strategic moves like Metaplanet’s that really shape the future of crypto. If more firms across Asia follow suit, this could be the start of something much bigger than MicroStrategy 2.0.
