The latest acquisition of 1,009 BTC has seen Metaplanet Bitcoin holdings top 20,000 coins, currently valued at $2 billion at the current market price.
According to an announcement by the Japanese Bitcoin treasury company, the purchase happened just a few hours before a scheduled key shareholder vote about a Metaplanet capital raising plan.

Leading Bitcoin Treasury Company
Late last month, Bloomberg reported that Eric Trump, the son of US President Donald Trump and a company adviser since March, would attend the Metaplanet capital raising plan meeting. According to available information, the proposal seeks to approve the issuance of 550 million new shares to overseas users, targeting a minimum raise of at least $884 million. The firm intends to use the proceeds for additional Metaplanet Bitcoin holdings.
Also read: Strategy and Metaplanet Bitcoin Hoards Raise Questions Over Market Concentration
The company that formerly traded as Red Planet Japan has metamorphosed from a hotel operator to become a leading Bitcoin treasury company. According to data from BitcoinTreasuries.net, the firm now ranks as the world’s sixth-largest corporate Bitcoin holder, having slightly surpassed Riot Platforms.
Plan Faces Uncertain Future
The news about Metaplanet Bitcoin holdings reaching 20,000 comes hot on the heels of an announcement that the firm had accumulated 10,000 BTC only three months ago. Earlier in 2025, the firm announced that its target for Metaplanet Bitcoin holdings was 30,000 BTC, which was three times its initial goal of acquiring 10,000 BTC.
The firm announced last month that its Metaplanet capital raising plan, targeting 130 billion yen, would involve acquiring more Bitcoin over the next two months. However, the plan to raise Metaplanet Bitcoin holdings faces an uncertain future, and analysts wonder whether the company can sustain the buying spree.
Also read: Metaplanet vs. MicroStrategy: Who Will Win the Bitcoin Treasury Race?
Questions on the Effectiveness of the Flywheel Funding Model
The company’s stock market price has reportedly declined 54% since the middle of June. The decline has effectively strained the company’s recent successful “flywheel” funding model that heavily relied on increasing share prices to attract investors.
The ongoing volatility could make the firm look less attractive to potential investors. Should potential shareholders choose to exercise caution, this could lead to liquidity constraints and effectively slow the pace of Metaplanet Bitcoin holdings accumulation. Currently, the Metaplanet capital raising plan aims to diversify by introducing a public share offering targeting overseas investors to support its projected growth.
Conclusion
The involvement of the Trump family, with Eric Trump as an advisor, last March was intended to help accelerate the Metaplanet Bitcoin holdings acquisition plan and add an international appeal to it.
However, the current volatility in the company’s equity and cryptocurrency market may introduce a serious challenge to the plan. It is hoped that the Metaplanet capital raising plan will create the much-needed diversification and put the firm back on its aggressive Bitcoin acquisition roadmap.
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Summary
- Metaplanet Bitcoin holdings have increased to 20,000 BTC worth over $2 billion.
- Metaplanet is currently the sixth-largest corporate holder of Bitcoin globally.
- The firm is implementing a capital raising plan targeting $884 million, utilizing 550 million new shares, with the intention of using the proceeds to increase its Bitcoin holdings.
- The firm’s stock price has dropped 54% since June, forcing it to vacate the “flywheel” funding model.
Glossary to Key Terms
Metaplanet: A Japanese public company that has transformed from its previous business of hotel operations into a major corporate Bitcoin treasury firm.
Bitcoin holdings: The value of bitcoin, as determined by reference to the Bitcoin Reference Rate.
Flywheel model: A flywheel strategy uses a self-reinforcing loop of interconnected business elements to build momentum for sustained growth and profitability. This imitates a physical flywheel that takes time to start but accelerates with consistent effort.
Capital raising plan: A process through which a company raises funds from external sources to achieve its strategic goals.
FAQs for Metaplanet Bitcoin holdings
What is Metaplanet’s total Bitcoin holding after this acquisition?
Metaplanet’s total Bitcoin holdings now stand at an impressive 20,000 BTC after acquiring an additional 1,009 BTC.
Why is Metaplanet investing so heavily in Bitcoin?
Metaplanet considers Bitcoin a strategic asset for inflation hedging, a long-term store of value, and benefits from its transparency and security.
Is Metaplanet the largest corporate holder of Bitcoin?
Strategy, formerly MicroStrategy, currently ranks as the world’s leading holder of Bitcoin. However, Metaplanet is considered a major player among Japanese companies.
What is the significance of Metaplanet making such significant Bitcoin investments?
This highlights continuing acceptance and institutional confidence in Bitcoin and cryptocurrency within Asia and the rest of the world.

