Japanese investment firm Metaplanet is exploring strategic corporate acquisitions using its Bitcoin holdings, targeting cash-generating businesses such as a Japanese digital bank to diversify its financial portfolio.
The company recently expanded its Bitcoin treasury by acquiring 2,204 BTC for $237 million, bringing its total holdings to 15,555 Bitcoin with an average purchase price of $99,985 per coin.
Market reaction saw Metaplanet’s stock trading volume surge to $11.6 million, signaling investor interest in its Bitcoin utilization strategy. This approach highlights corporate efforts to integrate cryptocurrency into finance despite nascent crypto-backed lending frameworks.
Metaplanet’s Bitcoin-focused acquisition strategy yielded 345% growth despite modest operational revenue, positioning Bitcoin as a core treasury asset.