Metaplanet End-of-Year "Replenishment" of 4,279 Bitcoins, Total Holdings Surpass 35,000 Coins

Japanese publicly listed company Metaplanet announced on December 30, 2025, that after summer restructuring, the company increased its Bitcoin holdings by 4,279 coins in the fourth quarter.

This move also ended its brief silent period following the last large-scale public acquisition completed with Strategy in late September, indicating that Metaplanet's "Bitcoin Treasury" strategy is regaining momentum.

The company's acquisitions in Q4 cost over $451 million, with an average cost of approximately $105,412 per Bitcoin, bringing its total Bitcoin holdings to 35,102 coins.

Company director Simon Gerovich confirmed on social media that Metaplanet's total cost for the 35,102 BTC is about $3.78 billion, meaning the average cost per coin is roughly $107,686.

This restart of acquisitions by Metaplanet is no coincidence; it is a strategic continuation aligned with its "Japan Version Strategy" positioning. In Q3 2025, the company had jointly increased holdings with Strategy in a high-profile move.

As early as September 22, Metaplanet and Strategy announced simultaneously a large-scale Bitcoin purchase plan, with the former investing $630 million to buy 5,419 BTC, temporarily surpassing Strategy in holdings;

A few weeks later, Metaplanet invested another $615 million to acquire 5,268 BTC. Afterwards, its Bitcoin asset management department entered a quarter-long restructuring period until this year-end reaccumulation.

According to the "Bitcoin Yield Rate" indicator, Metaplanet's Bitcoin yield this quarter reached 11.9%, with a year-to-date return of 568.2%.

This indicates that even though the company raised funds through stock issuance, diluting per-share equity, it still significantly increased the number of Bitcoins held per share, creating substantial Bitcoin value gains for shareholders.

In summary, with Metaplanet's year-end reaccumulation restart, not only does it quell market controversy over the sustainability of its strategy, but it also confirms that the "Corporate Bitcoin Treasury" model is being replicated and evolving globally.

In the future, as more listed companies follow suit, the cross-regional corporate holdings camp centered on Bitcoin asset allocation on the balance sheet is accelerating to take shape, becoming a stabilizing force in the long-term supply and demand dynamics of Bitcoin.

#Metaplanet # Bitcoin Treasury