Tokyo-listed investment firm Metaplanet has made another bold move in its Bitcoin acquisition strategy, announcing on Monday the purchase of 269 Bitcoin worth ¥4 billion. The firm’s stock has surged 73% year-to-date, with much of the increase following its shift towards Bitcoin investments, according to MarketWatch data.
Total Holdings and Market Position
With this latest purchase, Metaplanet now holds approximately 2,031 BTC, currently valued at around $196 million. The company acquired Bitcoin at an average price of $80,700 per coin, reflecting a 16% increase in the value of its holdings.
Metaplanet is now ranked as the 14th largest public company worldwide in terms of Bitcoin holdings, according to Bitcoin Treasuries. Within Asia, it stands as the second-largest corporate Bitcoin holder, trailing behind China’s Boyaa Interactive, which holds 3,183 BTC.
Performance and Financial Strategy
The firm’s proprietary performance metric, BTC Yield, has shown impressive results. Between July and September 2024, it reached 41%, soaring to 309% in the fourth quarter of 2024. Currently, the yield stands at around 15% quarter-to-date as of February 17, 2025.
To fund its Bitcoin acquisitions, Metaplanet recently raised ¥4 billion through a zero-coupon bond issuance to EVO FUND. Additionally, the company approved the issuance of 21 million shares to EVO FUND via Stock Acquisition Rights.
Future Bitcoin Goals
Metaplanet remains committed to an aggressive Bitcoin accumulation strategy. The company has set an ambitious target of holding 21,000 BTC by 2026, reinforcing its belief in Bitcoin as a core asset for long-term value growth.