Metaplanet Acquires 4,279 Bitcoin for $451 Million in Q4 2025

Metaplanet acquired 4,279 Bitcoin in Q4 2025 for approximately $451 million, averaging $105,412 per Bitcoin.
The company aims to accumulate 210,000 Bitcoin by 2027 and currently holds 35,102 BTC.
Metaplanet's BTC Yield has reached 568.2% Year-to-date (YTD) in 2025.
The total investment in Bitcoin amounts to nearly $3.78 billion at an average price of $107,606 per BTC, resulting in an unrealized loss of about $520.34 million.
Metaplanet's stock price dropped by 8% to 405 JPY, reflecting the decline in Bitcoin's price, which is currently trading at $87,698.31.
The company's market value adjusted net asset value (mNAV) fell from 1.17 to 1.03 in a single day.
Metaplanet also issued 23,610,000 MERCURY Class B preferred shares through third-party allotment.
Operating revenue from Bitcoin income is projected to be JPY 4.242 billion in Q4 2025.
The stock recently experienced a low of 403 JPY and a high of 421 JPY, with a decline in 24-hour trading volume below the average of nearly 34 million shares.
Previously, Metaplanet's stock rose 4.16% due to shareholder approval of major proposals, including issuing dividend-paying preferred shares to enhance Bitcoin holdings.