Metaplanet has hoarded another 775 Bitcoins, bringing the total to 18,888 coins. The Japanese "Coin Hoarding King" has invested $775 million betting on the long-term value of BTC.

The Japanese listed company Metaplanet announced that it has increased its holdings by an additional 775 Bitcoins (BTC), bringing its total holdings to 18,888 BTC (approximately $2.18 billion at current market prices). This purchase cost 114.3 billion yen (about $775 million), with an average cost of approximately $120,000 per coin, higher than the disclosed market price ($115,600). Metaplanet continues its aggressive corporate Bitcoin reserve strategy, having purchased a total of 981 BTC over the past two weeks (463 coins on August 4 and 518 coins on August 12), solidifying its position as the "largest corporate Bitcoin holder in Japan." Its model is seen as the Asian version of "MicroStrategy," and analysts believe it may trigger a wave of Bitcoin allocation among Asian listed companies, especially in the context of the Fed's potential rate cuts in September and the clearer regulatory landscape for digital assets in Japan.

Japan's "Coin Hoarding King" Takes Action Again, Holdings Approaching 19,000 Coins

The document submitted by Metaplanet on Monday (exact date not specified) disclosed the latest Bitcoin accumulation action. The company purchased 775 BTC for 114.3 billion yen (approximately $775 million), with an average cost of about $120,000 per coin (significantly higher than the disclosed market price of $115,600). This accumulation increased its total Bitcoin reserve to 18,888 coins, valued at approximately $2.18 billion at current prices. This marks Metaplanet as Japan's most active corporate Bitcoin buyer, continuing to strengthen its cryptocurrency strategic reserves.

Copy MicroStrategy Model Cost Premium Shows Confidence

Since launching its Bitcoin strategic reserve plan last year, Metaplanet has clearly benchmarked itself against the US-listed company MicroStrategy (currently holding over 628,900 BTC), aiming to become the benchmark for Asian enterprises allocating Bitcoin. Its recent increases in holdings have shown an accelerating trend:

• August 4: Invested approximately $53 million to purchase 463 BTC
• August 12: Invested approximately $61.4 million to purchase 518 BTC
• This operation: invested $775 million to purchase 775 BTC It is worth noting that the average cost of $120,000 per coin is higher than the market price, demonstrating the company's strong confidence in the long-term value of Bitcoin and its willingness to pay a premium to continue accumulating.

Asian companies following the trend? Positioning before the Fed cuts interest rates

The continuous large purchases of Metaplanet occur at critical time points:

1. Fed policy shift expectations: The market is generally betting that the Fed will start cutting interest rates in September, which could lead to increased liquidity favorable for risk assets, including Bitcoin.
2. Advantages of Japan's Regulatory Environment: As a pioneer country in digital asset regulation, Japan provides compliance certainty for Metaplanet's strategy.
3. Regional Demonstration Effect: Analysts point out that Metaplanet's bold move may catalyze a wave of Bitcoin allocations among Asian listed companies. As the regulatory framework becomes increasingly clear, more enterprises may follow suit by including Bitcoin in their corporate asset reserve portfolios to hedge against the depreciation risk of fiat currency and capture long-term appreciation potential.

Stay Steady as Asian Enterprises Lead in Coin Holdings, Market Focuses on FOMO Effect

The latest increase in holdings further solidifies Metaplanet's position as the "largest corporate Bitcoin vault in Asia." Although its scale is still smaller than MicroStrategy, its rapid accumulation momentum highlights the growing interest of non-U.S. enterprises in Bitcoin assets. Market participants are closely watching whether Metaplanet's case will trigger a broader wave of Bitcoin adoption among Asian companies, especially in the context of increasing macroeconomic uncertainty.

Conclusion

Metaplanet has been steadily increasing its Bitcoin holdings at an almost weekly frequency, with total holdings approaching 19,000 coins, making its strategic positioning as the "Japanese version of MicroStrategy" increasingly clear. The action of purchasing coins at a premium (costing $120,000 vs. market price of $115,600) highlights the management's strong belief in Bitcoin's long-term value. This move comes on the eve of the Fed's potential interest rate cut in September, and combined with Japan's relatively friendly regulatory environment, Metaplanet is becoming a pioneer for Asian companies in allocating crypto assets. Whether its continuously expanding Bitcoin reserve can trigger imitation by regional companies will be a key test of Bitcoin's penetration as a "corporate reserve asset" narrative in the Asian market. Investors should pay attention to its subsequent holdings and the possible industrial ripple effects.