Metaplanet Discloses $451 Million Bitcoin Buy To Close Q4 2025

bitcoinistPublished on 2025-12-31Last updated on 2025-12-31

Abstract

Metaplanet, a Japanese Bitcoin treasury company, announced it purchased 4,279 BTC in Q4 2025 for $451 million at an average price of $105,412 per Bitcoin. This acquisition, disclosed by CEO Simon Gerovich, ended a three-month period without any new buys. The company's total holdings now stand at 35,102 BTC, with a collective cost basis of $3.78 billion. However, due to a recent price decline, the current value of its Bitcoin portfolio is approximately $3.08 billion, meaning the entire holdings are currently at a loss. Despite this significant purchase, Metaplanet remains the world's fourth-largest corporate Bitcoin holder, still trailing behind Twenty One Capital. Bitcoin's price was around $88,000 at the time of writing.

Japanese Bitcoin treasury company Metaplanet has just announced that it accumulated 4,279 BTC during the fourth quarter of 2025.

Metaplanet Spent $451 Million On Bitcoin In Q4 2025

As revealed by Metaplanet CEO Simon Gerovich in a new X post, the Bitcoin treasury company participated in some fresh accumulation over Q4 2025. In total, the firm added 4,279 BTC at an average buying price of $105,412 during this period. The latest announcement has followed three months of no new purchases from Metaplanet. The last time that the Japanese company added more BTC was in September, with two big buys involving more than 5,000 tokens each occurring in the second half of that month.

About a week or so after the second of those purchases, Bitcoin formed a high above $126,000, which has acted as the top of the bull market so far. The firm has not been making announcements since then, which may be due to the fact that the asset has witnessed a notable drawdown.

Nonetheless, the new announcement suggests that Metaplanet was silently buying tokens in the background, with the company only choosing to unveil it as 2025 approaches an end. As a result of this accumulation, Metaplanet’s holdings have grown significantly. Before the Q4 2025 buying spree, the firm held 30,823 BTC. Now, that figure has risen to 35,102 BTC.

The Q4 2025 treasury expansion cost the company a total of $451.06 million, but due to the decline in the cryptocurrency’s price recently, the value of the tokens is down to $376.26 million today.

The new accumulation isn’t the only portion of the Bitcoin treasury that has gone underwater; the firm’s entire holdings are in fact currently in a state of loss. With a cost basis of $107,606 per token, Metaplanet’s 35,102 BTC holdings cost $3.78 billion to assemble. Today, these coins are worth just $3.08 billion.

Metaplanet is currently the fourth largest corporate holder of BTC in the world, as rankings from BitcoinTreasuries.net show.

The top 10 corporate holders of BTC | Source: BitcoinTreasuries.net

Even with its Q4 2025 buying, Metaplanet is still more than 8,000 BTC behind Twenty One Capital, which holds 43,514 BTC. Thus, Simon’s company will need a couple more purchases of this size to close in the gap.

In the table, it’s apparent that Strategy, the OG treasury firm, is in a different stratosphere from the rest of the names on the list, with its total Bitcoin holdings standing at 672,497 BTC right now.

Unlike Metaplanet, the Michael Saylor-led company continued to make regular purchase announcements even as BTC went through its bearish shift. The latest of these came up this Monday, with the firm loading up on 1,229 BTC.

BTC Price

At the time of writing, Bitcoin is floating around $88,000, unchanged from one week ago.

The price of the coin has been stuck in consolidation recently | Source: BTCUSDT on TradingView

Related Questions

QHow much Bitcoin did Metaplanet accumulate in Q4 2025 and at what average price?

AMetaplanet accumulated 4,279 BTC at an average buying price of $105,412 during Q4 2025.

QWhat is the total number of Bitcoin held by Metaplanet after its Q4 2025 purchases?

AAfter the Q4 2025 purchases, Metaplanet's total Bitcoin holdings have risen to 35,102 BTC.

QWhat is the current value of Metaplanet's Bitcoin holdings and how does it compare to their total cost basis?

AThe current value of Metaplanet's Bitcoin holdings is $3.08 billion, which is a loss compared to their total cost basis of $3.78 billion.

QAccording to the article, what rank is Metaplanet among the world's largest corporate Bitcoin holders?

AMetaplanet is currently the fourth largest corporate holder of BTC in the world.

QHow does the Bitcoin accumulation strategy of Metaplanet differ from that of Michael Saylor's company, MicroStrategy?

AUnlike Metaplanet, which did not make purchase announcements for three months during the bearish market, MicroStrategy continued to make regular purchase announcements even as BTC's price declined.

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363 Total ViewsPublished 2025.05.13Updated 2025.05.13

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