Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed Bitcoin treasury firm in Japan, has further strengthened its crypto reserves, adding 696 BTC in Q1 2025. The company’s total Bitcoin holdings now stand at 4,046 BTC, with its BTC yield soaring to 95.6% this quarter.
Strategic Bitcoin Accumulation Through Options Trading
In an April 1 announcement, Metaplanet disclosed that its Bitcoin acquisitions were facilitated through its Bitcoin Income Generation strategy, which involves selling cash-secured put options. This method allows the company to generate income while acquiring BTC at lower costs.
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Bitcoin acquired in Q1 2025: 696 BTC
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Total Bitcoin holdings: 4,046 BTC
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Average acquisition price per BTC: 14,586,230 yen
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Total investment this quarter: 10.152 billion yen
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Premium income from option selling: 770.35 million yen (equivalent to 50.26 BTC)
By incorporating this options-based strategy, Metaplanet effectively lowered its Bitcoin acquisition cost to 13,479,404 yen per BTC, securing better prices than direct market purchases.
Impressive BTC Yield Growth and Future Plans
Metaplanet has seen a remarkable BTC yield surge, reflecting the efficiency of its Bitcoin accumulation strategy:
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Q3 2024 BTC Yield: 41.7%
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Q4 2024 BTC Yield: 309.8%
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Q1 2025 BTC Yield: 95.6%
This metric, which measures the increase in Bitcoin per fully diluted share, highlights Metaplanet’s success in maximizing shareholder value through BTC acquisitions.
To fund future Bitcoin purchases, the company continues to raise capital via stock acquisition rights and bond issuances. With a proven track record in strategic Bitcoin accumulation, further BTC buys are likely in the coming quarters.
Metaplanet’s Bitcoin Bet – What’s Next?
With its aggressive Bitcoin accumulation, Metaplanet is positioning itself as Japan’s leading corporate BTC holder. The firm’s option-selling strategy has boosted yield and allowed it to optimize capital deployment.
As Bitcoin adoption grows, Metaplanet’s approach could serve as a model for other institutions looking to gain BTC exposure with minimized risk.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
