Metaplanet Boosts Bitcoin Holdings by 319 BTC, Reaching 4,525 BTC

Metaplanet, a prominent Japanese Bitcoin treasury company, has recently expanded its Bitcoin holdings by acquiring an additional 319 BTC. This purchase brings the company's total Bitcoin holdings to 4,525 BTC, valued at approximately $386.3 million. The acquisition was made at an average price of around $82,549 per Bitcoin, totaling approximately $26.3 million. This strategic move is part of Metaplanet's broader goal to accumulate over 10,000 BTC by the end of 2025 and ultimately reach 21,000 BTC by 2026.

Metaplanet's aggressive Bitcoin accumulation strategy is supported by a mix of equity and debt financing. The company has been raising funds through various means, including zero-coupon bond issuances and stock acquisition rights with EVO FUND. Since January, Metaplanet has issued 21 million shares across five tranches under its “210 Million Plan.” Most recently, it exercised 8.6 million and 4.2 million shares under its 14th and 17th stock rights series, raising over ¥35 billion to date, which accounts for roughly 42% of the planned 21 million share issuance.

The company has also completed early redemptions on several bond tranches, including its 9th Series, which was fully repaid ahead of schedule. Originally maturing in September 2025, the ¥2 billion issuance was redeemed using proceeds from EVO FUND’s exercise of the 13th to 17th stock rights series. Additionally, Metaplanet announced plans to raise ¥2 billion through its 10th Series of Ordinary Bonds issued on March 31.

Metaplanet's BTC Yield, a metric that measures the growth of its Bitcoin holdings relative to its fully diluted share count, has shown impressive results. The metric surged 309.8% in Q4 2024 and 95.6% in the first quarter of 2025, reflecting the company's successful treasury strategy. Earlier this month, Metaplanet added 160 BTC to its treasury for around $13.4 million, further demonstrating its commitment to Bitcoin accumulation.

Metaplanet's aggressive strategy positions it as a leader in the cryptocurrency space. According to data from Bitcoin Treasuries, Metaplanet is currently the largest corporate holder of Bitcoin in Asia. Globally, U.S.-based Strategy remains the largest corporate holder of the flagship crypto with 528,185 BTC worth approximately $44.5 billion in their stash. However, the company recently alerted shareholders it may have to sell part of its Bitcoin stash to meet financial obligations if it fails to raise fresh capital.

Metaplanet's decision to add 319 BTC to its holdings is a strategic maneuver that reflects the company's confidence in the long-term value and stability of Bitcoin. As the cryptocurrency market continues to mature, institutions and companies are increasingly recognizing the potential of Bitcoin as a store of value and a hedge against inflation. Metaplanet's decision to accumulate more Bitcoin aligns with this growing trend, positioning the company as a forward-thinking entity in the digital asset landscape.

The near 5000 BTC milestone is a testament to Metaplanet's aggressive approach to Bitcoin accumulation. This substantial holding not only demonstrates the company's financial strength but also its belief in the future of cryptocurrencies. As more companies and institutions adopt Bitcoin, the digital currency's legitimacy and acceptance are likely to increase, further solidifying its role in the global financial system.