Metaplanet has added 160 more Bitcoin to its corporate treasury, pushing its total BTC stash to 4,206 as part of its ongoing, aggressive accumulation strategy.
The Tokyo-listed company shared the update on Wednesday, revealing the latest purchase cost around 1.998 billion yen (approximately $13.2 million), with an average price per Bitcoin of 12.4 million yen (or $82,680).
This latest acquisition caps off a busy week for Metaplanet. On Monday, the firm announced a 2 billion yen ($13.3 million) zero-interest bond issuance, with all proceeds allocated toward buying more Bitcoin.
Then on Tuesday, it disclosed a separate purchase of 696 BTC—funded using capital raised through previously sold cash-secured put options. This move showcases Metaplanet’s creative use of financial tools to support its BTC buying spree.
Together, these developments highlight the company’s broader plan to leverage traditional financial mechanisms—like bonds, derivatives, and equity-linked strategies—to become one of Asia’s top corporate Bitcoin holders.
Bitcoin Now a Core Business as Metaplanet Ramps Up Accumulation
Metaplanet began accumulating Bitcoin in 2024 and has rapidly scaled its efforts since. In December 2024, the firm officially recognized Bitcoin as a separate line of business in its corporate structure.
So far, Metaplanet has invested roughly 54.3 billion yen (about $359 million) into BTC, purchasing at an average price of 12.9 million yen per Bitcoin (around $85,300).
The company’s expansion into Bitcoin has been backed by EVO FUND, a strategic partner, through zero-coupon bonds and stock acquisition rights that help fuel its purchasing power.
Metaplanet Records 95.6% BTC Yield in Q1 as Accumulation Intensifies
To give shareholders better visibility into its performance, Metaplanet introduced a set of new metrics: BTC Yield, BTC Gain, and BTC ¥ Gain. These indicators help track Bitcoin growth in relation to capital deployment and share dilution.
In Q1, Metaplanet reported a BTC Yield of 95.6%, and in just the early days of Q2, it has already added another 3.9%.
With 4,206 BTC now sitting on its balance sheet—worth around $300 million—Metaplanet has quickly emerged as one of the most active corporate Bitcoin holders worldwide.
The company’s strategy has drawn comparisons to MicroStrategy’s approach in the U.S., though Metaplanet’s model is tailored for Japan—blending traditional financial tools with a high-conviction belief in the future of digital assets.
