Japanese investment firm Metaplanet has dramatically expanded its Bitcoin treasury, accumulating 16,352 BTC valued at approximately $1.64 billion. The company acquired 7,464 BTC within the past month alone, including a significant weekly addition of 3,002 BTC. This strategic accumulation has delivered a remarkable year-to-date yield of 435.9%, with an average per-Bitcoin acquisition cost of $100,191.
Bitcoin’s market strength forms the backdrop for Metaplanet’s strategy, with its market capitalization recently eclipsing $2.4 trillion. This positions Bitcoin above traditional tech giants Amazon and Alphabet in valuation. Institutional engagement continues to intensify, underscored by spot Bitcoin ETFs attracting $2.7 billion in net inflows.
The firm’s aggressive Bitcoin accumulation is projected to drive substantial shareholder value. Metaplanet’s stock anticipates a potential 50% upside with a target price of 2,400 JPY, while its modified net asset value per share has adjusted to 3.78. This reflects growing market confidence in the company’s Bitcoin-centric treasury approach.