Metaplanet doubles down on Bitcoin buying amidst market crash

Japan’s Metaplanet will continue buying Bitcoin even as the crypto market downturn has weighed heavily on the company’s shares.

Summary

  • Metaplanet said it will continue accumulating Bitcoin despite a sharp market selloff that has pushed its shares down more than 63% over the past 6 months.
  • The firm added roughly $451 million worth of Bitcoin in Q4 2025, lifting total holdings to 35,102 BTC.

As Bitcoin price touched $60,000 around the Asia open, Metaplanet CEO Simon Gerovich took to X to reaffirm the company’s decision to continue stockpiling the flagship cryptocurrency.

“We are fully aware that, given the recent stock price trends, our shareholders continue to face a challenging situation,” Gerovich wrote, before adding that the current market scenario will not affect Metaplanet’s Bitcoin buying strategy.

“We will steadily continue to accumulate Bitcoin, expand revenue, and prepare for the next phase of growth,” Gerovich said.

Metaplanet shares were down over 6% at the time of writing after falling from the day’s open. Losses have been more prominent over the past six months, with the stock dropping more than 63.4% over that period.

Bitcoin is down over 47% from its all-time high as of press time, but the persistent downturn over the past month did not deter Metaplanet from inflating its reserves.

Throughout the last quarter of 2025, Metaplanet acquired roughly $451 million worth of the largest cryptocurrency, which pushed its total holdings to 35,102 BTC.

According to data from Bitcoin Treasuries, the company’s average cost of acquisition is around $107,716. That puts the company at an unrealized loss of nearly 39% based on current prices.

Metaplanet is not the only Bitcoin hoarder that is currently underwater, as Strategy, the largest corporate holder, reported a $12.6 billion net loss for Q4 2025. With an average acquisition cost of $76,052 per BTC, its holdings are also in the red, with losses of over 13%.

However, like Gerovich, Strategy CEO Michael Saylor has assured that the company will continue buying Bitcoin and even dismissed fears of liquidation by noting that BTC would have to crash to $8,000 before it becomes a concern.

Metaplanet, on the other hand, is gearing up to raise as much as $137 million using a combination of common shares and stock acquisition rights to fatten its reserves and reduce debt.

The announcement, however, did not bode well with company shareholders, as the company’s stock fell by over 3.5% on the day.

Source: https://crypto.news/metaplanet-doubles-down-on-bitcoin-buying-amidst-market-crash/