Tokyo-listed Metaplanet announced on December 5 that it has secured new financing backed by its existing Bitcoin holdings, even as the company has halted additional BTC purchases since September 30, 2025.
JUST IN: JAPAN'S METAPLANET JUST ANNOUNCED THEY HAVE RAISED $50 MILLION TO BUY MORE #BITCOIN
CORPORATE SUPPLY SHOCK. IT’S GOING GLOBAL ? pic.twitter.com/aq8mu95bDO
— The Bitcoin Historian (@pete_rizzo_) December 5, 2025
According to multiple sources, Metaplanet’s Bitcoin reserves remain unchanged at 30,823 BTC, the same level reported at the end of September. Based on valuations at that time, the company is maintaining approximately USD 3.33 billion in digital assets.
This pause stands in contrast to Metaplanet’s previously aggressive accumulation strategy, which included targets of 30,000 BTC by the end of 2025 and 100,000 BTC by 2026. The company acquired 5,288 BTC in the third quarter alone, yet its buying pace has slowed dramatically since then, drawing attention across crypto and financial markets.
Market Volatility Prompted Temporary Strategy Shift
Metaplanet cited heightened market volatility as the primary reason for suspending BTC purchases. In its December 5 announcement, the company noted that recent sharp price fluctuations prompted a temporary shift toward a more conservative financial posture.
Rather than aggressively deploying capital, Metaplanet said it prioritized evaluating market conditions. At the same time, the company has begun focusing not only on increasing its holdings but also on generating income from existing BTC reserves.
This includes a strategy of using Bitcoin as collateral in options trading to earn premium income, which is an approach meant to strengthen its financial footing while minimizing shareholder dilution. The company described the model as a balance between risk management and revenue generation in the cryptocurrency investment landscape.
USD 50 Million Raise Signals Imminent Return to Accumulation
Metaplanet completed a USD 50 million financing round by leveraging its current Bitcoin holdings as collateral. The company stated that it intends to resume BTC accumulation starting next year, signaling that its long-term expansion strategy remains intact.
The company’s financial outlook also remains strong. Revised fiscal 2025 guidance released in early October projects:
Revenue: USD 46.26 million
Operating profit: USD 31.97 million
Both figures represent significant upward revisions from earlier estimates.
With corporate value increasingly correlated with its Bitcoin reserves, Metaplanet appears ready to re-enter an aggressive acquisition phase. Its strategy aimed at the next major crypto cycle is expected to play a critical role in shaping the company’s long-term growth.
