Metaplanet Boosts Bitcoin Holdings by 11% to 5,555 BTC

Generated by AI AgentCoin World
Wednesday, May 7, 2025 3:39 am ET1min read

Metaplanet, a leading Japanese investment firm, has made a substantial addition to its Bitcoin holdings, purchasing 555 BTC for approximately $53.4 million. This acquisition brings the company's total Bitcoin holdings to 5,555 BTC, valued at over $536 million at current prices. The purchase was made at an average price of $96,134 per Bitcoin, marking a significant milestone in the company's aggressive accumulation strategy.

CEO Simon Gerovich celebrated the achievement on X, referencing the Japanese pronunciation of the number 5, "Go," and enthusiastically declared, "Go go go go — to the moon and beyond!" This latest purchase is part of Metaplanet's ambitious goal to hold 10,000 BTC by the end of 2025, a target set in April 2024. With this acquisition, the company has surpassed the halfway mark towards achieving this objective.

To fund its ongoing Bitcoin purchases, Metaplanet issued another $25 million in zero-coupon ordinary bonds. This marks the company's 13th bond issuance, following a similar $25 million raise just a week prior. Since early 2024, Metaplanet has raised over 35 billion yen ($244 million) through zero-coupon bonds and stock acquisition rights via its partner Evo Fund. This financial maneuvering underscores the company's commitment to its Bitcoin strategy and its ability to secure the necessary capital to execute its plans.

Metaplanet's proprietary key performance indicator, BTC Yield, has shown impressive growth in recent quarters. The indicator reached 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter. This metric reflects the company's success in leveraging its Bitcoin holdings to generate substantial returns, further validating its investment strategy.

In addition to its aggressive Bitcoin accumulation, Metaplanet is expanding its international presence. The firm recently announced plans to launch a wholly owned U.S. subsidiary, Metaplanet Treasury Corp., based in Florida. This new entity aims to raise up to $250 million to further its Bitcoin strategy and tap into U.S. capital markets. This move positions Metaplanet as a key player in the global Bitcoin landscape, with the largest public corporate Bitcoin holdings in Asia and ranking 11th globally, according to Bitcointreasuries.net.

Metaplanet's continued interest in Bitcoin aligns with a broader trend among publicly traded companies. In the first quarter of the year, these companies increased their Bitcoin holdings by 16.1%, indicating sustained institutional interest in the leading cryptocurrency despite market volatility. This trend highlights the growing acceptance and integration of Bitcoin into corporate treasury strategies, with Metaplanet leading the charge in Asia.