Japan’s Metaplanet Buys Another $26M in Bitcoin Amid Tariff Market Uncertainty

Metaplanet, the Tokyo-listed firm dubbed “Asia’s MicroStrategy,” has boosted its Bitcoin holdings with a fresh 3.78 billion yen ($26.3 million) purchase amid growing tension over U.S. trade tariffs. 

The company said it acquired 319 BTC at an average price of 12,849,780 yen ($82,549) per coin, bringing its total holdings to 4,525 BTC. Metaplanet plans to boost its Bitcoin holdings by 470%, targeting a total of 10,000 BTC by year-end.

The timing of the purchase comes as digital assets falter under geopolitical pressure. Bitcoin dropped more than 2% on Sunday during Asia trading hours, sliding to $83,482 as investors digested conflicting signals from Washington over the direction of U.S. trade policy toward China.

Traditional markets remained resilient despite a flurry of comments from the Trump administration regarding new tariffs on Chinese electronics. Nasdaq 100 futures rose over 1% in early trading, while S&P 500 futures climbed 0.7%.

While smartphones and semiconductors were temporarily excluded from a proposed 10% “reciprocal” tariff, President Trump clarified late Sunday on Truth Social that the same products will remain subject to a separate 20% national security levy.

Commerce Secretary Howard Lutnick said further sector-specific tariffs are expected within the next two months.

By Monday, 1 a.m. ET, Bitcoin was up just 0.4% over the last 24 hours, trading at $84,990, according to CoinGecko. Ether was up 1.8% to $1,638 over the same period. The top ten cryptocurrencies by market cap have all posted slight gains or no change.

Metaplanet has leaned heavily into Bitcoin as its core treasury asset. Last month, the company appointed Eric Trump, son of the U.S. president, to its newly formed Strategic Advisory Board, citing his “business expertise and passion for Bitcoin.”

Metaplanet is positioning itself in the mold of Michael Saylor’s MicroStrategy, whose aggressive Bitcoin accumulation strategy has influenced a growing number of publicly listed firms to follow suit.

At the same time, the Trump administration has launched two separate initiatives: a Strategic Bitcoin Reserve, funded by seized BTC and held as a permanent national asset, and a U.S. Digital Asset Stockpile, which includes other confiscated crypto with potential for liquidation or strategic use.

Edited by Sebastian Sinclair