BlackRock just quietly increased its bet on the company sometimes called “Asia’s MicroStrategy.” The iShares Core MSCI EAFE ETF, one of the world’s largest international equity funds with over $189 billion in assets, added 299,300 shares of Metaplanet Inc. to its portfolio, pushing its total holdings to 3.72 million shares.

What BlackRock is actually buying into

Here’s the thing about IEFA: it tracks the MSCI EAFE IMI Index, which covers developed markets outside the US and Canada. Japan is a significant component. So BlackRock isn’t necessarily making an active conviction call on Metaplanet the way a hedge fund might.

This isn’t BlackRock’s first increase either. Back in September 2025, the fund added shares valued at roughly $6.75 million, bringing its total to 3.17 million shares at that time. The latest addition of 299,300 shares represents a continuation of that upward trajectory.

Metaplanet’s Bitcoin obsession, by the numbers