Metaplanet Boosts Bitcoin Holdings by 150 BTC, Stock Surges 50%

Metaplanet, a prominent investment firm based in Japan, has significantly increased its Bitcoin holdings, acquiring an additional 150 BTC worth approximately $12.5 million. This purchase brings the firm's total Bitcoin holdings to 3,200 BTC, valued at around $265 million. The acquisition was officially disclosed through a post on the social media platform X, where Metaplanet shared the relevant documents detailing the purchase.

The firm's aggressive Bitcoin acquisition strategy is part of a broader initiative to integrate Bitcoin as a major asset in its portfolio. To fund these acquisitions, Metaplanet has issued bonds worth ¥2 billion, set to mature in August 2025. These bonds are redeemable by a single bondholder, EvoFund, and are part of a long-term plan to expand the firm's Bitcoin holdings. This move follows a similar bond issuance in December 2024, where Metaplanet issued ¥5 billion in bonds, set for redemption in June 2025.

Since April of the previous year, Metaplanet has acquired over 1,150 BTC, valued at more than $120 million. This aggressive investment strategy has contributed to a significant rise in the firm's stock price, with a surge of over 50% following the December bond issuance. This increase has pushed the company's market capitalization beyond ¥1 billion.

In addition to its Bitcoin investments, Metaplanet has launched a rewards program for its shareholders. Investors holding 100 shares were entered into a lottery, with $199,500 distributed in Bitcoin to 2,300 selected participants. This initiative has further solidified Metaplanet's position as a leading institutional adopter of Bitcoin.

Metaplanet's strategic moves to acquire Bitcoin and issue bonds to fund these acquisitions demonstrate the firm's commitment to integrating Bitcoin as a major asset in its portfolio. The firm's aggressive investment strategy has not only increased its Bitcoin holdings but has also contributed to a significant rise in its stock price and market capitalization.