Metaplanet has significantly increased its Bitcoin (BTC) holdings, announcing a fresh acquisition of 156 BTC worth $13.4 million as part of its ongoing Bitcoin Treasury Operations. This purchase brings its total Bitcoin holdings to 2,391 BTC, valued at approximately 29.828 billion yen.
*Metaplanet purchases additional 156 $BTC* pic.twitter.com/TAC7gfTSEB
— Metaplanet Inc. (@Metaplanet_JP) March 3, 2025
The company revealed that the latest 156 BTC purchase was executed at an average price of 12,952,147 yen per Bitcoin, underscoring Metaplanet’s commitment to accumulating Bitcoin as a strategic reserve asset.
According to company disclosures, in Q4 2024, Metaplanet’s BTC yield was 309.8%, while from January 1, 2025, to March 3, 2025, the firm achieved a BTC yield of 31.8%.
Raising Funds to Support Bitcoin Acquisition
To sustain its aggressive Bitcoin strategy, Metaplanet has been actively raising capital through stock and bond issuances:
- January 28, 2025 – The company’s Board approved the issuance of 21 million shares via the 13th to 17th Series of Stock Acquisition Rights to EVO FUND.
- February 10, 2025 – The Board also approved the 6th Series of Zero-Coupon Bonds to EVO FUND, raising 4 billion yen to fund further Bitcoin purchases.
- February 13, 2025 – Metaplanet received the 4 billion yen from bond issuance and allocated it entirely toward Bitcoin purchases.
By February 19 and 21, 2025, the company managed to fully repay its bonds early, utilizing proceeds from the 13th Series of Stock Acquisition Rights.
Progress on the ‘21 Million Plan’
Metaplanet is making steady progress on its ambitious “21 Million Plan,” which aims to expand Bitcoin holdings through strategic financial maneuvers:
- Between February 18 and 25, 2025, approximately 27.7% of the 13th Series of Stock Acquisition Rights were exercised, raising 7.13 billion yen.
- To date, Metaplanet has completed 5.5% of its “21 Million Plan.”
- On February 27, 2025, the company’s Board approved the 7th Series of Zero-Coupon Bonds to raise an additional 2 billion yen, further fueling its Bitcoin accumulation strategy.
Metaplanet’s continued investment in Bitcoin positions the company as a major corporate player in the crypto treasury movement, alongside industry giants like MicroStrategy.
