Bitcoin News Today: Bitcoin Firm Metaplanet Eyes 1% of Total Supply in Bold Treasury Push

Metaplanet Inc., a Tokyo-listed company repositioning itself as a leading corporate Bitcoin holder, has expanded its digital asset reserves to nearly 19,000 Bitcoin. The firm acquired 103 additional Bitcoin in a recent transaction valued at approximately $11.8 million, bringing its total holdings to 18,991 Bitcoin [1]. The purchase was made at an average price of 15.05 million yen per coin, with the total Bitcoin holdings currently valued at over $2.14 billion at prevailing exchange rates [2].

This acquisition is part of the company’s broader Bitcoin Treasury Operations strategy, a program formalized in 2024 to treat Bitcoin as a core corporate reserve asset. Under this approach, Metaplanet leverages capital market tools such as share issuances and bond programs to raise funds, which are then directly allocated into Bitcoin purchases [1]. The latest acquisition follows a similar transaction in late July, where the company added 775 Bitcoin to its balance sheet, underscoring its aggressive accumulation pace [2].

In parallel with its Bitcoin strategy, Metaplanet has been optimizing its balance sheet. The firm recently redeemed 3 billion yen (about $20.4 million) in its 19th Series Ordinary Bonds as part of an effort to reduce liabilities while maintaining its momentum in acquiring Bitcoin [1]. The company has also issued more than 4.9 million new shares through the exercise of warrants, which has funded its continued Bitcoin purchases, though it has also led to equity dilution [2].

Financial metrics highlight the effectiveness of this strategy. In the most recent quarter, Metaplanet reported a 29.1% BTC Yield, reflecting the growing proportion of Bitcoin per share despite dilution [1]. The company has adopted unique performance indicators, such as “BTC Yield” and “BTC Gain,” to evaluate shareholder value in Bitcoin terms rather than traditional financial metrics [2]. The Bitcoin Treasury approach also aligns with a broader trend in Japan, where regulatory clarity is driving institutional interest in digital assets [3].

Metaplanet’s recent inclusion in the FTSE Japan Index, following an upgrade from small-cap to mid-cap status, further underscores the company’s significance in both traditional and digital markets [5]. This inclusion is expected to attract passive investment flows into the firm, providing institutional investors with indirect exposure to Bitcoin [4]. According to industry analysts, the move could enhance liquidity and long-term stability for both the company and the broader Bitcoin market [5].

With a long-term goal of accumulating 210,000 Bitcoin—approximately 1% of the total supply—Metaplanet has positioned itself as a major player in corporate Bitcoin treasury management. Its strategic acquisitions, combined with its market visibility through index inclusion, suggest a continued expansion of Bitcoin’s role in corporate finance. For now, the company’s Bitcoin holdings remain among the largest publicly disclosed in the world, reflecting a bold and data-driven approach to asset preservation and shareholder value creation [2].

Source:

[1] Metaplanet Pushes Bitcoin Holdings Higher With Fresh $11.8M Buy, Now Holds Near 19K BTC (https://finance.yahoo.com/news/metaplanet-pushes-bitcoin-holdings-higher-051520918.html)

[2] Bitcoin Price Drops Below $112000 As Metaplanet ... (https://bitcoinmagazine.com/markets/bitcoin-price-drops-below-112000-as-metaplanet-announces-to-buy-11-7m-worth-of-bitcoin)

[3] Metaplanet Adds 103 BTC, Holdings Soar to 18991 Bitcoins (https://www.cointribune.com/en/metaplanet-buys-103-additional-btc-its-stock-reaches-18991-bitcoins/)

[4] Bitcoin treasury firm Metaplanet graduates to FTSE Japan ... (https://cointelegraph.com/news/metaplanet-added-ftse-japan-all-world-stock-indices)

[5] Metaplanet Joins FTSE Japan Index, Continues to Stack Bitcoin (https://finance.yahoo.com/news/metaplanet-joins-ftse-japan-index-063327830.html)