Metaplanet has restarted its Bitcoin accumulation after months of silence. The Tokyo-listed firm returned to the market with a major fourth-quarter buy.

The move ends a clear pause that followed its aggressive summer strategy. It also reinforces Metaplanet’s long-term commitment to Bitcoin as a core treasury asset.

Metaplanet Buys 4279 BTC in Q4

Simon Gerovich confirmed the purchase on X, stating that Metaplanet added 4,279 BTC during the fourth quarter of 2025. The company executed the buy at an average price of about $105,412 per Bitcoin, placing the total value at $451.06 million.

This acquisition pushed Metaplanet’s total Bitcoin holdings to 35,102 BTC. Gerovich disclosed that the firm now holds Bitcoin worth roughly $3.78 billion at an average portfolio cost of $107,606 per BTC. The update marked the first public confirmation of new market buying since late September.

Metaplanet has acquired 4279 BTC during Q4 2025 for $451.06 million at ~$105,412 per bitcoin and has achieved BTC Yield of 568.2% YTD 2025. As of 12/30/2025, we hold 35,102 $BTC acquired for ~$3.78 billion at ~$107,606 per bitcoin. $MTPLF $MPJPY pic.twitter.com/AFRldH4hVI

— Simon Gerovich (@gerovich) December 30, 2025

Metaplanet tracks its performance using a metric known as “BTC Yield.” The figure measures how much Bitcoin the company holds per share over time. For Q4, the firm recorded a BTC Yield of 11.9%, reflecting a meaningful increase despite additional share issuance.

Year-to-date numbers paint an even sharper picture. Metaplanet reported a BTC Yield of 568.2% for 2025, showing that its strategy sharply expanded Bitcoin exposure per share. Management continues to position the model as a long-term bet on Bitcoin rather than short-term price movements.

The renewed activity signals the return of Metaplanet’s dedicated Bitcoin Treasury Operations. The firm had remained publicly quiet after its last coordinated buying phase with Strategy, the largest corporate Bitcoin holder globally.

Metaplanet’s Q4 Purchase Follows Massive September BTC Accumulation

Metaplanet’s last reported market activity dated back to September 22, 2025. On that day, both Metaplanet and Strategy disclosed large Bitcoin purchases. Strategy added 850 BTC, while Metaplanet completed a far larger move relative to its size.

Metaplanet spent about $630 million to acquire 5,419 BTC during that announcement. The scale of the deal briefly put the Japanese firm ahead of Strategy in terms of purchase intensity. Market watchers flagged the move as one of the boldest corporate Bitcoin buys of the year.

The company followed up weeks later with another major transaction. It spent roughly $615 million to add 5,268 BTC, raising its total holdings to 30,823 BTC at the time. After that burst, the firm stopped reporting fresh purchases.

This week’s announcement ends that silence. It also confirms that Metaplanet never abandoned its Bitcoin-first treasury strategy. Instead, the firm appears to have waited for favorable conditions before re-entering the market.

With Bitcoin prices holding above six figures, Metaplanet has signaled confidence in long-term value. The Q4 buy places the firm firmly back among the most aggressive corporate Bitcoin accumulators globally.

Bitcoin Remains Range-Bound

According to the 4-hour chart on TradingView, Bitcoin was trading at $88,106 as of the time of publication. Despite showing signs of recovery, however, BTC has remained range-bound between $86,440 and $90,124 for the last 11 days. 

Failure to break above $90,124 could trigger continuation of the price consolidation as the tag of war continues between buyers and sellers. A push past this resistance may, however, trigger a stronger recovery.