Metaplanet Joins Top 5 Public Bitcoin Holders Worldwide
Japanese company Metaplanet has become one of the top five public companies holding bitcoin globally. The Tokyo-listed firm now owns 30,823 BTC. This bitcoin is worth over $3.6 billion. This makes Metaplanet the fourth largest publicly traded bitcoin treasury company in the world.
Big Bitcoin Purchase in October 2025
On October 1, 2025, Metaplanet bought 5,268 BTC. The average price was $116,870 per bitcoin. The company spent more than $615 million on this purchase. This buy helped Metaplanet pass its goal of owning 30,000 BTC for the 2025 fiscal year, ahead of schedule.
Simon Gerovich, Metaplanet’s president and CEO, said, “Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned Metaplanet preferred share issuance, which supports our broader Bitcoin Treasury strategy.”
From Hospitality to Bitcoin Leader
Metaplanet started as a small hospitality company. It has now changed into what it calls “Asia’s Bitcoin Rocketship.” The company began its bitcoin strategy in 2024. Since then, it has grown fast by using share offerings, derivatives trading, and reinvesting revenue to buy more bitcoin.
Metaplanet raised over ¥500 billion (about $3.34 billion) through equity offerings, convertible bonds, and other financing methods. This money helped fund its bitcoin purchases.
Strong Bitcoin Returns and Business Growth
The company bought bitcoin at an average price of about $107,912 per BTC. In 2025, it earned a 497.1% return on bitcoin, much higher than many other companies.
Metaplanet’s Bitcoin Income Generation business, which includes options trading and other strategies, made ¥2.44 billion ($16.5 million) in revenue in Q3 2025. This was a 115.7% increase from Q2.
Because of this growth, Metaplanet doubled its full-year revenue forecast to ¥6.8 billion ($46 million). It also raised its operating profit forecast to ¥4.7 billion ($32 million).
Stock Price and Investor Interest
Despite strong results, Metaplanet’s stock price has been volatile. On October 1, 2025, the stock dropped over 10% to 516 yen after the big bitcoin purchase. Over the past month, the stock fell 37%, causing some short-term worries among retail traders.
However, big investors are still confident. Capital Group, a U.S. firm managing $2.6 trillion in assets, is now Metaplanet’s largest shareholder. It owns 11.45% of the company, worth nearly $500 million.
Other major investors include Vanguard, JPMorgan, Citigroup, and State Street. Benchmark Equity Research has kept a “Buy” rating on Metaplanet. They set a target stock price of 2,400 yen by 2026.
Building a Bitcoin Platform Beyond Holding BTC
Metaplanet is not just buying bitcoin. It is also building a full Bitcoin platform with new business lines to make money. The company keeps its bitcoin holdings safe while growing other parts of the business.
In 2025, Metaplanet launched two new subsidiaries:
- Metaplanet Income Corp. (U.S.): Focused on derivatives trading and income generation.
- Metaplanet Japan subsidiary: Focused on Bitcoin media, events, and community services.
The company also started Bitcoin.jp. This is an online hub for everything Bitcoin in Japan. It offers news, education, conferences, and financial services. Bitcoin.jp will host the Bitcoin Japan 2027 conference.
Looking Ahead: Project NOVA
In 2026, Metaplanet plans to launch Project NOVA. CEO Gerovich calls it the “gateway to everything BTC in Japan.” Details about Project NOVA are still secret. The company has marked it as “classified” in official documents.
Metaplanet’s fast growth and strong bitcoin strategy make it a key player in the crypto world. Investors and followers will watch closely as the company expands its bitcoin business in the coming years.
