Metaplanet has expanded its Bitcoin reserves with a fresh purchase of 103 BTC worth $11.8M, bringing its total holdings to 18,991 BTC (over $2.14B). The Tokyo-listed firm, often called “Asia’s MicroStrategy,” is aggressively executing its Bitcoin Treasury Operations strategy by raising capital through share issuances and bonds, then converting proceeds into Bitcoin. Alongside the acquisition, it redeemed ¥3B ($20.4M) of its 19th Series Bonds to optimize liabilities. Metaplanet emphasizes shareholder value in Bitcoin terms, reporting a 29.1% BTC Yield this quarter, as its BTC per share rises despite dilution. The company’s rapid accumulation underscores Japan’s growing digital asset role while reflecting its belief that Bitcoin offers superior long-term value preservation over fiat reserves.