Metaplanet Acquires Another 162 BTC, Raises 2 Billion Yen to Fuel Bitcoin Strategy
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Metaplanet Inc. is making waves with its latest Bitcoin acquisition, further solidifying its position in the digital asset space. As part of its ongoing Bitcoin Treasury Operations, the company acquired 162 Bitcoin at an average price of 12,393,669 yen per Bitcoin, totaling a whopping 2.008 billion yen.
Metaplanet Boosts Holdings To 3,050 BTC
With this purchase, Metaplanet now holds a total of 3,050 Bitcoin, with an average purchase price of 12,607,094 yen per Bitcoin, bringing the total value of its Bitcoin holdings to 38.452 billion yen.
Metaplanet aims to reach 21,000 BTC by 2026 and 10,000 BTC by the end of 2025. Notably, From October 1 to December 31, 2024, Metaplanet achieved an impressive BTC Yield of 309.8%. For the first quarter of 2025, from January 1 to March 12, the company reported a BTC Yield of 53.2%. These results highlight the company’s strong performance in its Bitcoin Treasury Operations.
Metaplanet Raises 2 Billion Yen Through Bond Issuance
Additionally, On March 12, 2025, Metaplanet’s Board of Directors approved the issuance of its 8th Series of Ordinary Bonds, raising 2 billion yen through a third-party allotment to EVO FUND. These zero-coupon bonds are set to mature on September 11, 2025.
The company plans to redeem them using proceeds from the exercise of its 14th to 17th Series of Stock Acquisition Rights. The funds raised will be directed toward Metaplanet’s Bitcoin acquisition strategy, as detailed in its earlier disclosure on January 28, 2025.
Metaplanet has been steadily increasing its Bitcoin holdings since 2023. By using a smart borrowing strategy, similar to MicroStrategy, the company is taking advantage of Japan’s low interest rates to grow its Bitcoin stash. This approach is helping Metaplanet become one of the biggest corporate Bitcoin holders in Asia.
Metaplanet stock is currently trading at 3,605 JPY, up around 8%.
Bitcoin Shows Slight Recovery
After falling to a low of $76K, Bitcoin’s price went up today, reaching $82,120. It rose more than 3% during the day, with a low of $79,059 and a high of $83,737. The price movement comes after a period of uncertainty and market volatility, where Bitcoin faced downward pressure due to various factors, including broader economic concerns and shifts in investor sentiment.
