Metaplanet Adds 1,088 Bitcoin Valued at $117.5 Million

Generated by AI AgentCoin World
Monday, Jun 2, 2025 2:57 am ET1min read

Metaplanet, a prominent Japanese firm, announced on Monday its acquisition of an additional 1,088 bitcoin, bringing its total holdings to over 8,888 BTC. This latest purchase values the company's bitcoin stash at over $930 million. The acquisition cost the company 16.885 billion Japanese yen, equivalent to approximately $117.5 million, with an average purchase price of about 15.5 million yen, or $108,051, per bitcoin.

Metaplanet's aggressive bitcoin accumulation strategy, initiated with the adoption of a Bitcoin treasury policy in April 2024, has positioned the firm as the leading corporate BTC holder in Asia and among the top ten globally. Since the start of the year, the company has added 7,126 BTC, steadily progressing towards its year-end target of 10,000 BTC. This latest move comes on the heels of the company's issuance of $50 million in zero-interest bonds last week, which provided additional capital for BTC purchases without diluting existing equity.

Metaplanet reported a BTC yield of 66.3% for the year-to-date, with BTC gains, expressed in Bitcoin terms, rising to 2,684 BTC. This translates to approximately 40.5 billion yen in gains. The company's strategic investments in bitcoin have not only bolstered its financial position but also underscored its commitment to digital assets as a core component of its treasury management strategy.