Metaplanet Buys $12.6M in Bitcoin, Boosting Holdings to 3,350 BTC
Metaplanet has made headlines recently by substantially increasing its Bitcoin holdings to a total of 3,350 BTC, following a strategic purchase of 150 BTC valued at approximately $12.6 million. This move is part of the firm’s aggressive expansion strategy, which has seen it acquire 1,288 BTC in just the first 11 weeks of 2025.
In a statement released on March 24 via X, the Japanese investment firm revealed that its latest Bitcoin acquisition was made at an average price of $83,801 per BTC. This brings Metaplanet’s total investment in Bitcoin to $278.8 million, maintaining an average purchase price of $83,224 per BTC. The performance of its Bitcoin investments is monitored using a metric known as BTC Yield, which assesses the growth of Bitcoin holdings relative to the company’s fully diluted shares. After an impressive 309.8% increase in Q4 2024, the metric stands at 68.3% for Q1 2025.
Financing for these aggressive purchases has been sourced from stock acquisition rights via EVO FUND and zero-interest bonds. Notably, in March alone, Metaplanet redeemed ¥2 billion ($12.8 million) in bonds ahead of schedule and subsequently issued another ¥2 billion in new bonds. These funds have been utilized for several significant acquisitions, which include 156 BTC on March 3, 497 BTC on March 5, 162 BTC on March 12, and the recent 150 BTC.
The company’s ambitious goal is to reach a total of 10,000 BTC by the end of 2025 and a staggering 21,000 BTC by 2026, a milestone that would position it as a holder of approximately 1% of the total Bitcoin supply.
The market has reacted positively to Metaplanet’s latest moves, with data from Google Finance indicating that the company’s stock has surged to ¥5,060, reflecting a 6.98% increase within a 24-hour period. This growth has led to Metaplanet’s acquisition of a significant accolade, officially becoming Asia’s largest publicly listed Bitcoin holder and entering the ranks of the top 10 publicly listed Bitcoin holders globally.
In a further sign of its commitment to Bitcoin as a core aspect of its operations, Metaplanet recently announced the formation of a strategic advisory board, welcoming Eric Trump as its inaugural member. CEO Simon Gerovich has indicated that this board will comprise influential individuals dedicated to promoting Bitcoin adoption, viewing Trump’s appointment as a significant stride towards establishing Metaplanet as one of the leading Bitcoin treasury companies worldwide.
The backdrop of Metaplanet’s expansion occurs against a shifting regulatory landscape in Japan. On March 6, the country’s Liberal Democratic Party (LDP) proposed a substantial decrease in crypto capital gains taxes from 55% to 20%, a significant move that would encourage investment in the cryptocurrency sector. The plan also aims to categorize cryptocurrency as a distinct asset class separate from securities, under the Financial Instruments and Exchange Act.
