Japan’s Metaplanet Acquires An Additional $28.2M In Bitcoin Amid Uncertainty Over US Tariffs

The Japanese investment entity Metaplanet has expanded its BTC reserves by acquiring an additional 330 BTC, investing around $28.2 million, as it strengthens its commitment to a crypto asset strategy amidst global trading market fluctuations prompted by updates in U.S. tariff policies.

On Monday, the company disclosed the transaction, mentioning it secured the Bitcoin at an average price of 12.18 million yen—approximately $85,605 per Bitcoin.

This transaction marks Metaplanet’s third BTC purchase in April, elevating its overall holdings to 4,855 Bitcoin. The firm obtained 319 BTC at an average price of 12.85 million yen ($82,549) per crypto token just last week.

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Metaplanet’s Recent Bitcoin Acquisition Coincides with BTC Climb Beyond $87K

The most recent purchase aligns with Bitcoin surpassing $87,000 for the first time since April 2. Over the last 24 hours, the cryptocurrency has risen 2.5% and was trading at $87,279 during the time of publication.

Metaplanet commenced its Bitcoin accumulation in April 2024 and has remained proactive with its acquisitions, even as the markets have shown adverse reactions to increasing trade tensions.

In April alone, the firm has acquired 809 BTC, aiming for a target of 10,000 Bitcoin by the end of the year.

Currently, with its holdings, Metaplanet has become the largest corporate BTC holder in Asia and ranks tenth worldwide. The average cost of its purchases is $89,928 per BTC.

*Metaplanet Purchases Additional 330 $BTC* pic.twitter.com/Gkjp7wUi4S

— Metaplanet Inc. (@Metaplanet_JP) April 21, 2025

Metaplanet’s approach has been akin to that of Michael Saylor’s company, Strategy, which has consistently promoted Bitcoin as a reserve asset.

Recently, Strategy revealed its acquisition of 3,459 Bitcoin, bringing its total to 531,644 Bitcoin, despite reporting $5.91 billion in unrealized losses for Q1 2025.

Metaplanet’s stock has shown favorable movement as a result of its BTC investment. As of 1:13 p.m. local time, shares on the Tokyo Stock Trading network had increased by 0.85%, with the company’s stock value having soared more than 1,080% since embracing this strategy last year.

Interestingly, the company recently appointed Eric Trump, the son of former US President Donald Trump, to its newly established Strategic Advisory Board, highlighting his business expertise and rising interest in Bitcoin.

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Trump Administration Initiates Strategic Bitcoin Reserve and Digital Asset Stockpile Projects

In parallel, the Trump administration has instituted two national initiatives. A Strategic BTC Reserve, utilizing confiscated Bitcoin as a long-term long-term holding, and a Digital Asset Stockpile, encompassing other seized cryptocurrencies for strategic deployment or potential liquidation.

The adoption of BTC is also gaining traction in the US. As indicated by Bitcoin Law data, 47 Bitcoin reserve bills have been proposed across 26 states, with 41 still active.

Last week, both New Hampshire and Florida advanced their bills to enable their respective governments to retain Bitcoin as part of their financial reserves.

On the same day, Florida’s House Insurance and Banking Committee unanimously approved HB487, a bill that would permit the state’s Chief Financial Officer and the State Board of Administration to allocate up to 10% of certain funds into BTC.

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