Metaplanet Expands Bitcoin Holdings to $380 Million: BTC to Break $85,500 Resistance?

Metaplanet Inc., the Bitcoin treasury company, has made the headlines once again by adding another 319 BTC to its holdings. With this purchase, Metaplanet’s Bitcoin holdings now stand at an impressive 4,525 BTC, worth over $380 million. This latest acquisition was completed at an average price of ¥11.8 million per Bitcoin. The total cost of the transaction was ¥3.78 billion. Despite the recent market fiasco, Metaplanet’s stock has been stable, gaining 0.57%.

Metaplanet’s Innovative Financing Drives Aggressive Bitcoin Holdings Expansion

Metaplanet’s bold move is backed by its innovative financing strategy. Partnering with EVO FUND, the company has issued zero-coupon bonds, allowing it to raise funds without interest payments. EVO FUND also gains rights to purchase Metaplanet shares at market prices, providing cash flow that the firm uses to repay bonds or acquire more Bitcoin. Between January and March 2025 alone, Metaplanet issued several rounds of bonds worth 2–4 billion yen each.

Metaplanet has acquired 319 BTC for ~$26.3 million at ~$82,549 per bitcoin and has achieved BTC Yield of 108.3% YTD 2025. As of 4/14/2025, we hold 4525 $BTC acquired for ~$386.3 million at ~$85,366 per bitcoin. pic.twitter.com/aN0Jz9SgwQ

— Simon Gerovich (@gerovich) April 14, 2025

The firm’s unique metric, BTC Yield, measures its success in accumulating Bitcoin relative to its shares in circulation. From January to March 2025, Metaplanet achieved a BTC Yield of 95.6%, with a continued growth rate of 6.5% from April 1–14. This highlights the company’s efficiency in expanding its Bitcoin holdings while minimizing shareholder dilution.

Aiming for Global Leadership in Bitcoin Holdings

Metaplanet’s strategy resembles that of U.S.-based Strategy by Michael Saylor, positioning itself as Asia’s largest Bitcoin treasury firm. The company has further plans to acquire 10,000 BTC by the end of 2025 and an ambitious 21,000 BTC by 2026. Representative Director Simon Gerovich emphasized this vision: “Our goal is to lead the Bitcoin renaissance in Japan and emerge as one of the largest corporate holders globally.”

With Japan’s growing interest in cryptocurrency and Metaplanet’s aggressive expansion tactics, the firm is setting a precedent for corporate adoption of Bitcoin as a treasury asset. As it continues to execute its bold plans, all eyes are on whether Metaplanet can redefine corporate finance in Asia through its unwavering commitment to Bitcoin.

Bitcoin Price Analysis of the Last 24 Hours: Bitcoin Struggles to Zoom Past $85,000

Bitcoin commenced trading around the $85,250 mark, working in a range from the previous day. Although the Bitcoin price was above $85,000, strong bearish pressure persisted as it struggled to hold on to that level. In the first few hours, Bitcoin attempted to ignite upward movements, but faced quick correction as it fell to $84,750 support first. By 4:30, a death cross had formed on the MACD, leading Bitcoin to breach support. However, Bitcoin prevented itself from dipping further and formed a trading range around the $84,600 mark, eventually falling to the $84,250 support.  

Chart 1: published on TradingView, April 14, 2025

With a golden cross in support, Bitcoin tried to move further up at 9:00 AM, but could not sustain the movement as a downtrend took it to $83,580. With the asset now oversold, an uptrend formed, but plateaued around the $84,950 mark. Overbought conditions were observed as a trend reversal came in. Rapid action on the MACD followed as Bitcoin fluctuated on a general downtrend, finding support at $83,000. With another golden cross, Bitcoin started climbing again, facing rejection at $85,330. 

Bitcoin Price Prediction: Can Bitcoin Leave $85K Behind Today?

Bitcoin has tested the $85,300 resistance twice but has failed to break through. Even yesterday, it jumped past the mark, but was not able to hold its gains. As of now, the coin has stabilized around the $84,400 mark. If Bitcoin can resist the bearish pressure and hold on to this level, $85k may become an achievable target today. However, that scenario has slight chances, with the selling pressure already on the rise. If a downward trend follows, Bitcoin should look to find a support level as close to $84,000 as possible.