Metaplanet has made headlines once again, acquiring an additional 156 Bitcoin (BTC) for approximately $13.4 million. This strategic move reflects the Japanese investment firm’s commitment to its ambitious growth strategy in the cryptocurrency market.
CEO Simon Gerovich announced on X that the BTC was purchased at an average price of about $85,890 per BTC. This latest acquisition raises Metaplanet’s total Bitcoin holdings to an impressive 2,391 BTC. Furthermore, the company has reported a substantial bitcoin yield of 31.8% for Q1 2025, following a remarkable 310% yield in Q4 2024.
Details From the Latest Buy
Last week, Metaplanet also revealed the purchase of 135 BTC, in addition to earlier acquisitions of 68 BTC and 269 BTC in February. Pursuing its ambitious goals, Metaplanet aims to accumulate 10,000 BTC by the end of 2025 and potentially 21,000 BTC by the end of 2026, as part of its long-term vision articulated in the company’s “Bitcoin Plan” shared on January 28.
To support these endeavors, Metaplanet has recently announced a $13.6 million issuance of zero-interest bonds. On February 27, the company issued 40 ordinary bonds, each with a face value of 50 million yen, accumulating a total of 2 billion yen. Notably, these bonds carry no interest and are set to be redeemable in full on August 26, 2025. The proceeds from this initiative will be directed to Evo Fund, Metaplanet’s dedicated Bitcoin acquisition fund.
Metaplanet Evaluates International Listing Options
In conjunction with its Bitcoin acquisition strategy, Metaplanet is exploring the possibilities of an international listing. Recently, Gerovich met with officials at the New York Stock Exchange (NYSE), emphasizing the company’s growth trajectory. “Metaplanet is a company of the future built on the Bitcoin standard and continues to grow steadily every day,” he stated in a March 3 post on X.
Furthermore, the CEO underscored the company’s commitment to making its shares more accessible to a global investor audience. By positioning itself at the forefront of financial innovation, Metaplanet aims to demonstrate that Japanese firms can lead in creating long-term value.
Currently, Metaplanet (MTPLF) shares are traded on OTC Markets since November 2024. OTC Markets provides liquidity and price information for approximately 12,400 over-the-counter securities, including various international companies. Impressively, MTPLF stock has emerged as one of the top performers on the Tokyo Stock Exchange over the past twelve months, surging by over 1,800%, according to Google Finance data.
This recent acquisition and the exploration of international listings reinforce Metaplanet’s strategic vision as it continues to expand its presence within the cryptocurrency market.
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