Bitcoin Surge Triggers $28M Shopping Spree: Metaplanet Buys Additional 330 BTC
In a striking display of confidence amid market turbulence, Japanese corporate giant Metaplanet has doubled down on its bitcoin strategy, acquiring an additional 330 BTC worth approximately $28 million as the cryptocurrency’s price climbed above $87,300.
This latest purchase, announced Monday, brings Metaplanet’s total bitcoin holdings to an impressive 4,855 BTC—a portfolio currently valued at over $420 million. The move represents the company’s third bitcoin acquisition this month alone, further cementing its position as the tenth-largest public holder of BTC globally.
Japanese Corporate Bitcoin Rush Gains Momentum
Metaplanet isn’t alone in its enthusiasm for cryptocurrency. Fellow Japanese company ANAP Holdings recently joined the bitcoin bandwagon, purchasing approximately 16.66 BTC valued at roughly 200 million yen ($1.4 million) last week. ANAP’s subsidiary, ANAP Lightning Capital, will manage these assets with quarterly market value assessments planned to reflect gains or losses in profit and loss statements.
The fashion brand has reported promising returns on its bitcoin strategy so far, with its quarter-to-date BTC yield—a custom metric measuring bitcoin growth per fully diluted share—reaching 12.1%. Even more impressive, the previous quarter’s yield stood at a remarkable 95%.
Bitcoin Outperforms Traditional Markets
Bitcoin’s relative stability compared to traditional financial markets appears to be driving this corporate interest. While U.S. equities suffered a devastating $5.4 trillion value loss over just two days following President Trump’s reciprocal tariff announcements earlier in April—sending the Nasdaq plummeting 11%—bitcoin experienced a comparatively modest 6% decline.m
This resilience hasn’t gone unnoticed by investors. Metaplanet’s stock on the Tokyo Stock Exchange has risen nearly 0.9% since market open, suggesting shareholder approval of the company’s cryptocurrency strategy despite broader market uncertainty and general lack of economic optimism.
As bitcoin continues to recover from last week’s losses, Metaplanet’s aggressive accumulation strategy may signal growing institutional confidence in cryptocurrency as a corporate treasury asset—particularly during periods of traditional market instability.
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