Metaplanet Boosts Bitcoin Holdings to $222M Amidst Market Uncertainty

Generated by AI AgentCoin World
Monday, Mar 3, 2025 4:51 pm ET1min read
BTC--

Metaplanet, a Tokyo-based investment firm, has made another significant purchase of Bitcoin, spending approximately $13 million to acquire 156 more BTC. This strategic move comes amidst a recent decline in Bitcoin prices, allowing Metaplanet to increase its holdings to 2,391 BTC, currently valued at over $222 million.

This latest acquisition follows a period of macroeconomic uncertainty, including President Trump's tariffs and the Bybit saga, which led to a temporary dip in Bitcoin's price. Metaplanet's BTC yield performance has been impressive, with a year-to-date return of 31.8% in 2025, demonstrating the success of the firm's Bitcoin strategy.

Metaplanet CEO Simon Gerovich recently revealed that he had been invited by officials from the New York Stock Exchange and Nasdaq to discuss the platforms' functions and potential ways to make Metaplanet shares more accessible to global investors.

Metaplanet's Bitcoin acquisition strategy began in April 2024, with the company adopting Bitcoin as a core part of its financial strategy to hedge against Japan's economic difficulties. The firm has since established a structured approach to acquiring Bitcoin through capital market activities, including plans to issue $745 million in zero-discount moving strike warrants, which would be the largest-ever equity capital raise for Bitcoin in Asia.

In January, Metaplanet announced its goal to amass 10,000 BTC by the end of 2025 and an even more ambitious target of 21,000 BTC by the end of 2026. With an average purchase price of $82,100 per BTC, the firm is currently up around 13% on its Bitcoin investment. According to data from BitcoinTreasuries, Metaplanet is now Asia's second-largest corporate Bitcoin holder and the 14th biggest in the world.

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