Japan’s Metaplanet Expands Bitcoin Holdings, Eyes Potential US Listing

Key Takeaways:

Increased Bitcoin Reserves – Metaplanet has strengthened its Bitcoin holdings with the recent purchase of 156 BTC, bringing its total stash to 2,391 BTC. This move aligns with its strategy of adopting Bitcoin as a treasury asset.

Potential US Listing – The company is exploring the possibility of listing its shares in the US, aiming to attract more global investors and enhance its market presence.

Strategic Shift Toward Bitcoin – Metaplanet continues to position itself as a Bitcoin-focused entity, following a similar playbook to companies like MicroStrategy, which have integrated Bitcoin into their corporate strategy.

Metaplanet, a publicly traded Japanese firm often compared to MicroStrategy for its aggressive Bitcoin (BTC) investment strategy, has once again increased its BTC holdings.

Overview

On March 3 2025, Metaplanet announced that it had acquired 156 BTC for approximately $13.4 million at an average price of $85,890 per coin. This latest purchase brings the company’s total BTC holdings to 2,391 BTC. The company highlighted the purchase of additional BTC as part of its broader initiative to strengthen its financial position through digital assets. 

This move aligns with its long-term vision of leveraging BTC as a store of value and hedging against currency depreciation. Metaplanet entered the BTC market in mid-2023 and has since been steadily accumulating crypto. Its strategy mirrors US-based MicroStrategy, which famously adopted BTC as its primary treasury asset. With Japan’s low interest rate environment and ongoing economic uncertainties, Metaplanet sees BTC as a viable alternative to traditional assets.

Exploring a US Listing to Enhance Global Reach

In addition to expanding its BTC reserves, Metaplanet is actively exploring a potential listing in the United States. The company aims to tap into the deeper capital markets and broader investor base that the US provides. A US listing could offer greater liquidity, higher valuation potential, and increased exposure to institutional investors more familiar with BTC-focused corporate strategies. 

The move comes as several international firms seek dual listings to leverage the advantages of US markets, particularly given the growing acceptance of BTC among American institutional investors. If Metaplanet proceeds with the listing, it could significantly enhance its global footprint and attract investors interested in BTC-centric companies.

Implications for Bitcoin Adoption in Japan and Beyond

Metaplanet’s continued BTC acquisition and potential US listing highlight the growing trend of corporate BTC adoption. In Japan, where regulatory frameworks around crypto remain relatively strict, Metaplanet’s approach could influence other companies to consider digital assets as part of their financial strategy. Moreover, Metaplanet’s actions reflect the broader global shift toward BTC as a reserve asset.

As more corporations integrate BTC into their treasury strategies, the asset’s legitimacy and acceptance are expected to rise, potentially driving further institutional adoption. This could also prompt regulatory bodies in Japan and other countries to reevaluate their stance on BTC and digital assets.

With its latest Bitcoin purchase and potential expansion into US markets, Metaplanet is positioning itself as a significant player in the evolving digital asset landscape. Whether other Japanese firms follow suit remains to be seen, but the company’s strategy underscores the increasing role of Bitcoin in corporate finance.



Fhumulani Lukoto Cryptocurrency Journalist

Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.

View all posts by Fhumulani Lukoto >

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