Metaplanet said it will continue accumulating Bitcoin despite a sharp crypto market downturn that has pushed its shares down more than 63% over the past six months.
The Japan-based firm added roughly $451 million worth of Bitcoin in the fourth quarter of 2025, lifting total holdings to 35,102 BTC even as prices slid toward $60,000 during Asian trading hours.
“We are fully aware that, given the recent stock price trends, our shareholders continue to face a challenging situation,”
Said Metaplanet chief executive, Simon Gerovich, adding that the selloff will not change the company’s Bitcoin strategy.
“We will steadily continue to accumulate Bitcoin, expand revenue, and prepare for the next phase of growth,”
Gerovich said.
Metaplanet’s average acquisition cost is about $107,716 per Bitcoin, leaving the firm with an unrealised loss of nearly 39% at current prices, according to Bitcoin Treasuries data.
The company’s stance mirrors that of other large corporate holders, including Strategy, which reported a $12.6 billion loss in the fourth quarter while reaffirming its long-term Bitcoin buying plans.
Metaplanet is also seeking to raise up to $137 million through a mix of common shares and stock acquisition rights to bolster reserves and reduce debt, a move that coincided with a further decline in its share price.
At the time of reporting, Bitcoin price was $65,613.58.