Metaplanet, the Tokyo-based investment powerhouse often dubbed “Asia’s MicroStrategy,” has strategically enhanced its Bitcoin holdings with a new purchase of ¥300 million ($2 million), totaling over 38.4 BTC. This latest acquisition elevates the firm’s total Bitcoin assets to approximately 398.8 BTC, valued at around $22.7 million. The move aligns with its ongoing strategy to strengthen its position as a leading crypto-focused entity in Asia.

In tandem with this acquisition, Metaplanet announced a partnership with SBI Group’s crypto investment arm, SBI VC Trade, aimed at refining its Bitcoin trading and custody solutions. This collaboration will leverage SBI’s expertise to ensure tax-efficient, compliant custody services and utilize Bitcoin as collateral for financing, enhancing Metaplanet’s financial agility.

Despite a challenging market environment, Metaplanet’s management remains bullish on Bitcoin, viewing it as a crucial treasury reserve asset. This optimism is backed by recent corporate actions to secure funds for further Bitcoin investments, reinforcing its commitment to providing robust crypto exposure to domestic investors.