TL;DR
- Metaplanet resumed Bitcoin purchases after more than three months and acquired 4,279 BTC for over $450 million, reactivating its treasury policy.
- The company increased its total holdings to 35,102 BTC, with an average cost of $107,606 per unit.
- The core of the strategy is BTC Yield: it reached 11.9% in the fourth quarter and 568.2% in 2025.
Metaplanet bought Bitcoin again and put an end to a period of silence that lasted more than three months. The Japanese firm confirmed the acquisition of 4,279 BTC, a transaction exceeding $450 million that brings its Bitcoin treasury policy back into operation.
The purchase was executed at an average price close to $105,412 per BTC. Following this transaction, the company raised its total holdings to 35,102 BTC. Director Simon Gerovich confirmed that the total portfolio cost stands at around $3.78 billion, with an average price of $107,606 per Bitcoin. The company maintains a structural accumulation approach with a long-term focus.
It is worth noting that the strategy does not focus on the nominal size of the purchases, but on BTC Yield. This metric measures how much Bitcoin corresponds to each share, adjusted for capital issuance. In the fourth quarter, Metaplanet reported a BTC Yield of 11.9%. On a year-to-date basis for 2025, the yield reached 568.2%.
Metaplanet Records a BTC Yield of +568.2%
The December purchase also marks the return of Bitcoin Treasury Operations. Since late September, no new acquisitions had been disclosed. During that period, Metaplanet coordinated purchases with Strategy, the leading corporate reference in the sector.
On September 22, 2025, Strategy announced the purchase of 850 BTC. On the same day, Metaplanet executed an acquisition of 5,419 BTC for $630 million. Two weeks later, the Japanese firm added another 5,268 BTC for $615 million, bringing its balance to 30,823 BTC. After that block of purchases, no further announcements were made until today.
That extended pause during the fourth quarter raised doubts about the future pace of the strategy. However, all signs suggest that Metaplanet will continue to prioritize recurring accumulation and measure its performance in terms of BTC per share, not market timing.
At the time of writing, Bitcoin (BTC) is trading at around $87,900 per unit. It is up 0.9% over the past 24 hours, and its volume exceeded $32.4 billion, despite a 17% decline
