Japanese company Metaplanet has purchased an additional 136 Bitcoin (BTC) for a total of $15.2 million, bringing its total holdings to 20,136 BTC. The company now stands as the sixth-largest corporate Bitcoin holder, with a cumulative investment of $2.8 billion. This recent acquisition follows a major purchase of over 1,000 BTC just last week.
Metaplanet's aggressive accumulation strategy has resulted in an impressive 487% BTC yield year-to-date in 2025. The company uses this yield to measure the success of its Bitcoin strategy and its potential benefit to shareholders. From July 1 to September 8, 2025, Metaplanet reported a BTC yield of 30.8%, highlighting its rapid accumulation.
Despite the strong performance of its Bitcoin holdings, Metaplanet’s shares are struggling. Following the latest acquisition, the company's stock fell by 2.3% in Tokyo trading, extending a nearly 20% decline over the past week. The stock is currently at a near four-month low, down 63% from its peak this year. Technical analysis suggests further losses are likely, with indicators showing a bearish trend.
Critics of corporate crypto treasuries warn that large Bitcoin investments can expose a company's shares to the high volatility of the crypto market. Experts note that the long-term sustainability of such strategies depends more on a company's balance sheet and leverage rather than short-term market enthusiasm.
September 2025, Cryptoniteuae