Metaplanet Acquires 555 Bitcoins, Stock Jumps 13.32%

Metaplanet Inc. has made a significant move in the digital asset landscape by acquiring an additional 555 Bitcoins. This purchase was made possible by raising $25 million through the issuance of zero-coupon bonds on May 7, 2025. The bonds, which were sold to EVO FUND, carry no interest, allowing Metaplanet to allocate the entire amount raised towards the acquisition of more Bitcoin.

The latest acquisition of 555 BTC was made at an approximate cost of $53.4 million, with each Bitcoin purchased at an average price of $96,134. This strategic move has resulted in a year-to-date BTC Yield of 136.7% for Metaplanet, demonstrating the company's effective capital deployment strategy. As of May 7, 2025, Metaplanet's total Bitcoin holdings stand at 5,555 BTC, acquired for around $481.5 million at an average cost basis of $86,672 per Bitcoin.

The zero-coupon bonds issued by Metaplanet are set to mature on November 6, 2025, with provisions for early redemption under specific conditions. By opting for bonds without interest obligations, Metaplanet has managed to minimize its capital costs while maximizing its exposure to Bitcoin. This financial maneuver underscores the company's commitment to leveraging innovative financing strategies to enhance shareholder value in the rapidly evolving digital asset market.

Metaplanet's latest acquisition further cements its position as Japan’s leading Bitcoin-focused public company. The company's aggressive Bitcoin accumulation strategy has garnered significant investor interest, contributing to a surge in its stock price. On May 7, shares of Metaplanet Inc. rose by 13.32%, closing at ¥485. This rally reflects growing excitement among investors about Metaplanet's approach to Bitcoin investment, which has seen the company amass 5,555 BTC in less than a year. With a market capitalization of ¥24.21 billion and a P/E ratio of 25.86, Metaplanet is increasingly being recognized as a pure Bitcoin play, gaining traction amidst a broader resurgence in the crypto market.