Key Insights:
- Metaplanet now holds 17,595 BTC worth $1.78 billion, and is 8% on its progress toward its goal of 210,000 BTC.
- Metaplanet’s stock fell over 7%, slipping below ¥1,000 for the first time since May, as the Bitcoin price remains under pressure.
- With BTC facing strong resistance at $115,000, over 60% of Binance Futures traders hold long positions, signaling bullish sentiment.
Metaplanet, popular as Japan’s MicroStrategy, purchased an additional 463 Bitcoins on August 4, for an investment of $53.7 million. This latest purchase comes amid the Bitcoin price drop over the past week, thereby taking the company’s total BTC holdings to 17,595 BTC. Throughout 2025, Metaplanet has been on a massive BTC buying spree, and is still just 8% of its desired goal to hold 210,000 BTC by the end of 2027.
Metaplanet Buys the Bitcoin Price Dips
Japan-based investment firm Metaplanet has acquired an additional 463 Bitcoin (BTC) for approximately $53.7 million at an average price of $115,895 per coin. The company disclosed the purchase in its latest update dated August 4, 2025.
Following this acquisition, Metaplanet’s total Bitcoin holdings have reached 17,595 BTC, worth roughly $1.78 billion. The firm’s average purchase price across all holdings stands at $101,422 per BTC. The net BTC yield achieved by the Japanese firm, since the beginning of 2025, is 459.2%. Speaking on the development, Shinpei Okuno, head of Capital Strategy at Metaplanet, wrote:
After rejection at $120,000 last week, Bitcoin has been under strong selling pressure. Last week’ it came down to $113,000 to fill the CME gap, resulting in major crypto market liquidations.
Amid the global market volatility, investors are waiting on the sidelines, waiting for the next directional move as the BTC price continues to stay under the crucial support of $115,000.
Metaplanet Stock Crashes 7%, Long-Term Buyers Remain Bullish
Despite the latest Bitcoin purchase, the Metaplanet stock price has crashed over 7%, slipping under $1,000 JPY for the first time since May. As reported earlier, the company’s stock has been in bearish grip following Bitcoin selling pressure recently. Metaplanet’s stock has been down almost 50% since its peak in June.
Metaplanet’s market-adjusted net asset value (mNAV) currently stands at 2.45, with the company still holding only 8% of its 2027 BTC accumulation target. Based on current figures, the firm is on track to increase its BTC holdings more than 12-fold over the next 2.5 years.
Analysts note that if Metaplanet’s mNAV were to reset to 1x today and remain at that level through the end of 2027, its stock would be priced at approximately 5,000 JPY (around $34). Similarly, at 2x mNAV, the estimate rises to 10,000 JPY ($68), and if the current 2.45 mNAV holds, the stock could reach 12,250 JPY ($83).
These projections come on the heels of the company’s aggressive accumulation strategy. Company CEO Simon Gerovich recently stated:
BTC Futures Traders Lean Bullish
BTC price has been under strong selling pressure recently, with Bitcoin bulls struggling to cross strong resistance at the $115,000 level. Popular crypto analyst Captain Faibik stated that a successful move above $115,000 could pave the way for BTC price upside to $118,000.
According to crypto analyst Ali Martinez, 60.25% of traders with open Bitcoin (BTC) positions on Binance Futures are currently positioned long. The data suggests a prevailing bullish sentiment among derivatives traders.
It will be interesting to see whether Michael Saylor announces a fresh BTC purchase later today. Last week, the company purchased $2.5 billion worth of BTC following its successful fundraise through the STRC IPO.
Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fiction novels and sometimes explores his culinary skills.
