Metaplanet, Japanese Treasury Company Bitcoin, has it It has been purchased An additional 150 Bitcoin (BTC), making it closer to its plan to obtain 21000 BTC by 2026. The purchase cost March 18 1.88 billion yen ($ 12.6 million) or 83,671 dollars per bitcoin.
The purchase process reaches the total Metaplanet holdings of 3,200 BTC at a value of $ 261.8 million at this time writing this report. Despite this last purchase, the Metaplanet share price decreased by 0.5 % a day. On March 5, the company’s share price jumped by 19 % after it announced the latest Bitcoin purchase of 497 coins.
Change the price of Metaplanet on March 18. Source: Google Financing
To date, Metaplanet has released a little more than 44 million joint shares from the company’s shares to finance its bitcoin purchases. It has given stocks to raise funds to buy Bitcoin the company the title “Microstrategy”, where the formula follows similar procedures from Michael Silor’s strategy (previously known as Microstrategy).
The Metaplanet performance index, a major performance indicator that shows the percentage of the total BTC’s change compared to fully reduced shares, is 60.8 % for the continuous quarter from January 1, 2025 to March 18, 2025. This is a smaller change from the previous quarter, which witnessed a 310 % return.
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The purchase of Metaplanet March 18 makes it the eleventh of the largest bitcoin company and the largest in Asia, According to To data from Bitgo.
Metaplanet plan 21000 BTC Investor Investment Sparks
After Metaplanet announced its plan to become Bitcoin Treasury Company, its share price increased by 4,800 % as of February 10. He fell 34 % to 4,030 yen ($ 26.9) since February 19, is still much higher than 150 yen ($ 1) recorded on March 19, 2024.
According to the company’s offer, the base of the shareholders in Metaplanet grew 500 % in 2024, with the investment of 50,000 people or entities in the company. The market value increased by 9652 % in one year, According to To data from stock analysis.
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Metaplanet’s ascension comes as Japan showed a softening position towards digital assets. On March 6, the ruling party in the country moved to reduce encrypted capital taxes by 20 %. In November 2024, the government approved the stimulus package, committed to tax reform.
Japanese legislator, Satoshi Hamada, asked the government to consider establishing a strategic bitcoin reserve and transfer part of the foreign currency reserves to BTC.
However, Japanese Prime Minister Shigo Ishiba later answered, saying that the Japanese government did not know enough about the plans of other countries, which made it difficult for the government to express its views on this issue.
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