Metaplanet Buys 463 Bitcoin, Holdings Rise to 17,595 BTC

Published: 2025-08-04 19:23:27 |

Tokyo-based Metaplanet bought 463 Bitcoin on August 4 at an average price of $115,895. This raises its corporate treasury to 17,595 BTC (approx. $2.02 bn), making it one of the top public Bitcoin holders. Over the past year, Metaplanet’s dip-buying strategy grew reserves from under 1,000 to nearly 18,000 BTC. Arkham Intelligence data shows its treasury yield hit 41.7% in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025 and 129.4% in Q2 2025, with a 24.6% return from July 1 to August 4. To reach its 210,000 BTC target by end-2027, Metaplanet plans to raise up to $3.73 bn via a perpetual preferred shares offering with dividends up to 6%. This mirrors MicroStrategy’s model but adds dividend obligations if Bitcoin weakens. Bitcoin’s price is now compressed around $114,400, facing resistance at the 200-day MA (~$115,300), the $115,724 level and the 50-day MA (~$116,442). Short-term bullish momentum is limited, but Metaplanet’s institutional accumulation may provide support. Traders will watch if Bitcoin can reclaim $115,724 and $116,442; failure could trigger a pullback to $112,200 or the psychological $110,000.

Bullish

Metaplanet’s large-scale accumulation and strong treasury yield performance highlight institutional conviction in Bitcoin as a reserve asset. The fresh purchase of 463 BTC at around $115,895 raises its holdings to 17,595 BTC and underlines a clear dip-buying strategy. While Bitcoin faces technical resistance at $115,300–$116,442 and short-term momentum is muted, continued institutional demand may provide a price floor and attract further buyers. Over the long term, the planned $3.73 bn funding for additional BTC accumulation suggests sustained bullish pressure. Traders should monitor key levels for breakout signals but expect overall positive support from Metaplanet’s strategy.