Metaplanet has become one of the biggest corporate Bitcoin holders, owning 15,555 BTC with plans to increase to 210,000 BTC by 2027, amounting to 1% of all Bitcoin.
The company started buying Bitcoin in 2024 as a hedge against rising prices but is now rapidly scaling its holdings, with a recent purchase of 2,204 BTC for $237 million.
Metaplanet's Bitcoin strategy involves using BTC as collateral to acquire cash flow businesses, with a focus on buying profitable ventures like Japanese digital banks for enhanced services.
While ranking among the top five companies in Bitcoin holdings, Metaplanet faces risks with its strategy, including potential regulatory hurdles in Japan and challenges in integrating a digital bank, showcasing a bold but risky corporate finance approach.