In a significant move within the cryptocurrency landscape, Japan’s Metaplanet has recently acquired an additional 555 Bitcoin, marking a pivotal chapter in the company’s ambitious accumulation strategy. With this latest purchase, the firm’s total Bitcoin holdings have soared to an impressive 5,555 BTC, valued at over $536 million at current prices.
On May 7, the Tokyo-listed company revealed that it had spent $53.4 million to acquire the latest batch of 555 BTC at an average price of $96,134 per Bitcoin. Overall, Metaplanet’s total investment in Bitcoin now exceeds $481.5 million, with an average purchase price of $86,672 per Bitcoin, as stated by CEO Simon Gerovich. This level of investment not only underscores the company’s commitment to Bitcoin but also reflects its strategic vision amidst a highly dynamic market.
In tandem with this acquisition, Metaplanet announced the issuance of an additional $25 million in zero-coupon ordinary bonds to fund its ongoing Bitcoin purchases. Since early 2024, the firm has successfully raised over 35 billion yen (approximately $244 million) via these bonds and stock acquisition rights through its partner, Evo Fund. This proactive approach demonstrates Metaplanet’s resolve to capitalize on the fluctuating crypto markets and enhance its Bitcoin portfolio.
Interestingly, the company’s proprietary metric, BTC Yield, has shown remarkable growth in recent quarters, recording an impressive 309.8% in Q4 2024, followed by 95.6% in Q1 2025, and 21% in the current quarter. CEO Gerovich noted the significance of the number five in Japanese culture, playfully exclaiming, “Go go go go — to the moon and beyond!” to signal optimism and determination towards future advancements.
Additionally, on May 1, Metaplanet announced plans to establish a wholly-owned U.S. subsidiary, Metaplanet Treasury Corp., located in Florida. This entity aims to raise up to $250 million to support and expand its Bitcoin investment strategy while engaging with U.S. capital markets.
Currently, Metaplanet stands as Asia’s largest public corporate holder of Bitcoin and ranks 11th globally, according to BitcoinTreasuries.NET. The firm demonstrated its aggressive acquisition strategy when it announced the purchase of 696 BTC for 10.2 billion yen (around $67 million) earlier in April. Following this, Metaplanet acquired 330 BTC for $28.2 million, further solidifying its standing in the Bitcoin market.
With an unwavering commitment to its Bitcoin strategy, Metaplanet’s stock surged by 11% by midday on the Tokyo exchange, a testament to the positive investor sentiment surrounding its ongoing accumulation of digital assets. As the cryptocurrency market continues to evolve, Metaplanet’s bold and calculated approach may serve as a blueprint for other corporations considering significant investments in Bitcoin.
