Metaplanet, a prominent Japanese investment firm, has made a significant move to expand its Bitcoin holdings, acquiring an additional $25.6 million worth of the cryptocurrency. This purchase, amounting to 269.43 BTC at an average price of $95,000 per coin, brings the company’s total Bitcoin reserves to 2,031.41 BTC, valued at approximately $163.3 million.
CEO Simon Gervovich revealed the update on February 17, 2025, through a post on social media platform X, highlighting the company’s ongoing commitment to increasing its Bitcoin reserves. The firm now holds an average purchase price of $80,394 per BTC, a notable increase from just 141 BTC at the beginning of 2024. By the end of the year, Metaplanet had surpassed 1,760 BTC, and its recent purchase has propelled it into the position of Japan’s largest institutional Bitcoin holder.
Metaplanet’s approach to Bitcoin acquisition is also guided by its unique metric, BTC Yield. This measures the value of its Bitcoin reserves relative to the company’s fully diluted shares. For the first quarter of 2025, the company reported a BTC Yield of 15.3%, following a remarkable rise of 309.8% in late 2024, underscoring the growth potential of its crypto holdings.
Metaplanet’s rise is not limited to its Bitcoin investments. The company has experienced exceptional performance in the stock market, becoming Japan’s top-performing stock with an over 4,000% increase in the past year. This rapid growth has also earned Metaplanet a place in the prestigious MSCI Japan Index, effective February 28, 2025. This inclusion is expected to attract further attention from investors and enhance the company’s market presence.
Metaplanet’s aggressive Bitcoin acquisition strategy draws parallels with that of MicroStrategy, the U.S. business intelligence firm led by Michael Saylor. MicroStrategy made headlines when it incorporated Bitcoin as its primary reserve asset in 2020, positioning itself as a hedge against inflation and declining stock prices. Like MicroStrategy, Metaplanet views Bitcoin as an important store of value, particularly in uncertain economic times.
Metaplanet has funded its Bitcoin purchases through a combination of bond issuances and stock rights. Recently, the company raised $26.3 million by issuing its 6th Series of Ordinary Bonds to EVO FUND on February 10, 2025. These bonds, which carry no interest, are part of the company’s broader financial strategy to raise capital and expand its Bitcoin holdings. The proceeds from stock rights will be used to repay these bonds upon maturity.
Looking ahead, Meta planet has set an ambitious target to expand its Bitcoin reserves to 10,000 BTC by the end of 2025. To achieve this, the company plans to strengthen partnerships and further boost Bitcoin adoption both within Japan and internationally. With its current trajectory, Meta planet is well on its way to becoming a major player in the institutional Bitcoin space.
Metaplanet’s aggressive Bitcoin buying strategy is one of the most significant moves in the cryptocurrency space in recent months. With the company’s market-leading position in Japan and its ambitious goals for the future, it is poised to play a critical role in the ongoing institutional adoption of Bitcoin.
Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9
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