Metaplanet from Japan has recently acquired 150 BTC, raising its total Bitcoin reserves to 3,200 BTC. This acquisition follows the company’s issuance of ¥2 billion in ordinary bonds to EVO FUND.
In a recent announcement, the Japanese investment firm reported that it purchased 150 BTC at an average price of ¥12.5 million ($83,611) each. The firm emphasized that this Bitcoin acquisition is part of its continuous initiative to enhance its Bitcoin Treasury Operations.
As of now, the company’s Bitcoin investments have summed up to 3,200 BTC, valued at over $266 million based on current market rates.
Recent data indicates that Bitcoin has experienced a slight decline of 0.24% over the last 24 hours of trading, currently priced at $83,323. The leading cryptocurrency by market capitalization has seen an increase of 3.5% over the past week. However, it has shown a downward trajectory over the month, with a 14% drop in the last 30 days.
The announcement revealed that Metaplanet’s BTC yield, which indicates the amount of Bitcoin held per share, surged by 309.8% in Q4 2024. In the first quarter of 2025, from January 1 to March 18, the yield increased from 53.2% to 60.8%, compared to the prior purchase made on March 12.
Earlier today, Metaplanet issued ¥2 billion in ordinary bonds to EVO FUND, marking the firm’s ninth overall bond issuance. According to the filing, the proceeds from this bond issuance are intended for further Bitcoin acquisitions. Despite this, shares of Metaplanet fell by 0.5%, reaching a price of ¥4,030.
Since April 2024, Metaplanet has been consistently increasing its BTC holdings after implementing its Bitcoin Treasury Operations. Often referred to as the “Asian Strategy (previously MicroStrategy),” the firm has been steadily growing its Bitcoin inventory. Since initiating its Bitcoin purchases in April 2024, Metaplanet’s stock price has skyrocketed by over 3,000%.