Metaplanet Stock Falls to 3-Month Low Amid New Bitcoin Buying

Key Insights:

• Metaplanet stock loses upside momentum and falls below 1000 JPY.
• MTPLF stock could hit the 100-SMA at $6.58 amid lower trading volumes.
• Metaplanet has purchased an additional 463 BTC for $53.7 million at an average price of $115,895 per Bitcoin.

Metaplanet Inc, Asia’s largest corporate holder of Bitcoin, on Monday said it acquired an additional 463 BTC for $53.7 million. However, Japan-listed Metaplanet stock and MTPLF tumbled to 3-month low levels.

Metaplanet stock was trading 6.40% lower at 995 JPY at the time of writing. Shares failed to hold the rebound after a historic trade deal between the United States and Japan.

Metaplanet acquired an additional 463 BTC at an average price of $115,895 per Bitcoin, according to an official announcement on August 4.

The company’s total Bitcoin holdings reached 17,595 BTC after the latest purchase. These were acquired for nearly $1.78 billion at an average price of $101,422 per BTC.

CEO Simon Gerovich said the company has achieved a BTC yield of 459.2% YTD 2025 with its Bitcoin acquisition strategy. Notably, the quarter-to-date BTC yield was 24.6%.

Metaplanet sits on $243.69 million in unrealized profit after the latest purchase. The firm last purchased 780 BTC for $92.5 million on July 28.

The company has acquired 13,549 BTC since April this year, indicating the accelerated Bitcoin strategy to generate value for its shareholders. It plans to hold at least 30,000 BTC by the end of 2025.

Metaplanet stock price fell nearly 7% in response to the recent crash in Bitcoin price. At the time of writing, the stock was trading at 992 JPY on Monday.

The 24-hour low and high were 1,022 and 978 JPY. The 24-hour trading volume was more than 2 times lower than the average volume of 48 million.

As per recent data, the stock price dipped more than 36% in a month due to profit booking and continued shorting. This reduced the year-to-date return to 185%.

Meanwhile, the over-the-counter (OTC) stock of Metaplanet resonates with the performance of the Japan-listed Metaplanet stock. MTPLF stock has increased by nearly 200% YTD 2025.

MTPLF stock price closed 6.57% lower at $7.09 on Friday. The stock rallied 342% in a year as it became one of the most traded stocks.

In the daily timeframe, the stock was trading below the 50-day simple moving average (SMA) and moving towards the 100-day SMA at $6.58.

Bitcoin Price Traders Under Pressure

Bitcoin price has lost upside momentum and continued to trade mostly sideways at the time of writing. The price fell more than 5% recently due to factors including US tariffs and hot inflation prints, options expiry, and on-chain data signals.

At the time of writing, Bitcoin price was up just 0.5% in the past 24 hours, with the price trading at $114,238. The 24-hour low and high were $113,462 and $114,984, respectively.

Furthermore, the trading volume further decreased by 15% in the last 24 hours, indicating a significant decline in interest among traders.

Meanwhile, the derivatives market data showed muted trading activity. At the time of writing, the total BTC futures open interest declined 0.76% to $79.67 billion in the last 24 hours.

4-Hour BTC futures OI on CME and Binance fell more than 0.30% and 0.60%, respectively. This indicates uncertainty among derivatives traders about the upcoming Bitcoin price action.