Metaplanet Nears 17,600 BTC Holdings, Emerging as Asia’s Potential MicroStrategy Amid Growing Institutional Bitcoin Interest

Key Points

1. Metaplanet's Bitcoin holdings now total 17,595 BTC, valued at approximately $2 billion, making it the seventh-largest publicly traded company in terms of Bitcoin holdings globally.

2. The company recently raised ¥555 billion (about $3.7 billion) through perpetual preferred shares to fund further Bitcoin acquisitions, emphasizing its strategy to grow Bitcoin per share.

3. Metaplanet's stock price declined by 6.68% to 992 JPY, reflecting short-term market reactions despite its long-term Bitcoin accumulation strategy.

4. The number of public companies holding over 1,000 BTC has increased from 24 at the end of Q1 2025 to 35 in early Q3, indicating rising institutional adoption of Bitcoin.

5. Metaplanet's aggressive Bitcoin accumulation highlights broader trends in institutional confidence and the evolving crypto landscape in Asia.