- Metaplanet expands its Bitcoin Treasury holdings to 4,206 BTC after buying 160 BTC worth $13.2M in the past day.
- The firm’s $359M Bitcoin investment and bond issuances have fueled a 3,000% stock surge, attracting strong institutional interest.
- Metaplanet reports a 95.6% BTC Yield in Q1, leveraging its Bitcoin Income Generation strategy as BTC trades above $85K.
Japanese stock Exchange-listed company Metaplanet continues its bid to become the largest corporate Bitcoin treasury with another massive BTC acquisition, boosting its total stash while leveraging its Bitcoin Income Generation strategy.
Metaplanet Expands Bitcoin Holdings, Surpasses 4,200 BTC with Latest Purchase
Metaplanet announced in a recent X post that it has added another 160 BTC to its coffers, putting its total holding at 4,206 BTC. The company also disclosed that the investment figure totals $13.2 million (1.998 billion ¥). And these tokens were bought at an average price of $82,680 (12.4 million ¥) for each BTC.
The Japan-based firm is currently on a Bitcoin buying spree. On March 31, Metaplanet issued zero-interest bonds totaling 2 billion ¥ to fund BTC purchases. The following day the company bought 696 BTC, valued at $67.8 million (10.152 billion ¥).
Per Bitcoin Treasuries data, this purchase propelled the Japanese firm into the top 10 publicly traded Bitcoin Treasuries above names like Bitcoin Group and Semler Scientific.
Metaplanet’s Bold Bitcoin Bet: $359M Investment Fuels 3,000% Stock Surge
In 2024, Metaplanet launched a Bitcoin acquisition program and branched off from its hotel business in December of that year. The company joined forces with EVO fund to increase its purchasing strength through zero-coupon bond issuances and stock acquisition rights.
Since the program launch, Metaplanet has invested a total of $359 million (54.3 billion ¥) in Bitcoin, purchasing at an average price of $85,300 (12.9 million ¥) for each Bitcoin. Moreover, its stock has increased over 3,000% which indicates strong institutional interest. The Japanese company also noted that it is on the path of earning $27.5 million (3.0 billion ¥) from its Bitcoin program in 2025. This will help the company hit its annual revenue target of $31.3 million (3.4 billion ¥).
Metaplanet Reports Strong BTC Yield as Bitcoin Rebounds Above $85K
In a bid to enable a transparent investment environment, Metaplanet has introduced specialized asset tracking metrics: BTC Yield, BTC Gain, and BTC ¥ Gain. These metrics measure BTC purchase against share dilution and capital deployment. The company posted a massive 95.6% BTC Yield for Q1, with another 3.9% already achieved in Q2.
In the broader market scene, Bitcoin has recovered from its recent slippage to trade within the green zone in the recent intraday session. At the time of writing, BTC trades at $85,685 following a 2.85% rally in the past day. It is positioned above the 200-day SMA and has witnessed 15/30 green trading days.
