Metaplanet Boosts Bitcoin Holdings by 1111 BTC, Stock Surges 373%

Metaplanet, a Tokyo-based investment firm, has announced the acquisition of an additional 1,111 Bitcoin, bringing its total holdings to 11,111 BTC. This purchase is part of the company's ongoing Bitcoin Treasury Operations, which have been a core business initiative since mid-2024. The firm acquired the digital asset at an average purchase price of 15,535,502 yen ($106,408 million) per Bitcoin, with the total value of its holdings now exceeding $1.07 billion.

The latest acquisition marks a significant milestone in Metaplanet's aggressive Bitcoin accumulation strategy. Since December 2024, the company has increased its Bitcoin stash nearly 28-fold, pivoting from its original hotel management business. The firm's stock has seen a substantial uptick of over 373% year-to-date, despite a slight drop of 5.05% in the past 24 hours, reaching 1,690 Japanese yen on the Tokyo Stock Exchange.

Metaplanet's investment in Bitcoin has yielded impressive results. The company reported a quarter-to-date BTC yield of 107.9%, up from 95.6% in Q1 and 309.8% in Q4 2024. This metric, which tracks Bitcoin per fully diluted share over time, excluding the effects of dilution, is a key performance indicator for the firm. Additionally, Metaplanet posted a BTC gain of 4,367 BTC for $451.2 million for the ongoing quarter, based on reference prices from Bitflyer.

The company has funded its Bitcoin purchases through various capital market activities, including multiple zero-coupon bond issuances and equity-based investments. Since January, Metaplanet has issued and redeemed over a dozen series of ordinary bonds and stock acquisition rights, largely subscribed by EVO FUND. The firm has also issued over 210 million shares under its ‘210 Million Plan,’ with the board of directors resolving on June 16 to issue $210 million via no-interest bonds to buy more BTC.

Metaplanet's ambitious goal is to purchase 210,000 Bitcoins by the end of 2027. If successful, this acquisition would make the company the second-largest holder of Bitcoin among public companies, behind Michael Saylor’s company, Strategy. Previously, under the firm’s 21 million plan, it aimed to hold 21,000 BTC by the end of 2026, with no concrete plan for further purchases. Between May and June 2025 alone, the company raised over $300M through bonds and exercised stock rights, with proceeds explicitly allocated for Bitcoin accumulation.

The firm's strategy aligns with a broader trend among publicly listed companies adopting Bitcoin reserve strategies. This trend has led to 61 firms now holding a combined 3.2% of all BTC that will ever exist. Metaplanet's aggressive accumulation of Bitcoin reflects its confidence in the digital asset's long-term value and its potential to serve as a hedge against global geopolitical tensions and financial market uncertainties.