Metaplanet has recently increased its treasury by acquiring 150 BTC at an average price of ¥12.57 million ($80,000) per Bitcoin, bringing its total investment to ¥1.886 billion ($12.1 million).
As stated in an official announcement on Mar. 24, this latest addition elevates Metaplanet’s overall Bitcoin (BTC) reserves to 3,350 BTC, which were accumulated at a total cost of ¥42.22 billion ($270 million), averaging ¥12.60 million ($80,200) per BTC. Since adopting Bitcoin as a fundamental aspect of its operations, Metaplanet has rapidly expanded its holdings, now standing as the largest corporate Bitcoin holder in Asia.
To facilitate these acquisitions, the company has utilized stock acquisition rights through EVO FUND and zero-coupon bonds. In March alone, Metaplanet redeemed ¥2 billion ($12.8 million) in bonds ahead of schedule and raised an additional ¥2 billion ($12.8 million) through a new bond issuance. This approach enables the company to continue purchasing Bitcoin without incurring interest-bearing debt.
A significant metric for monitoring its Bitcoin strategy is BTC Yield, which measures the percentage growth of BTC holdings relative to fully diluted shares.
Following a remarkable 309.8% increase in Q4 2024, the Bitcoin Yield has reached 68.3% for the first quarter of 2025. Furthermore, since it began accumulating Bitcoin in April 2024, the company’s stock price has surged over 3,000%, reflecting strong investor confidence.
In other developments, on Mar. 21, Metaplanet announced the establishment of a new advisory board, with Eric Trump as its inaugural member. Trump, who brings experience in real estate and finance, is anticipated to offer valuable business insights to the firm’s goal of becoming a leader in Bitcoin treasury management.
Simon Gerovich, the CEO of Metaplanet, mentioned that the advisory board will comprise influential figures, speakers, and thought leaders dedicated to promoting Bitcoin adoption. While specifics regarding Trump’s role remain undisclosed, his appointment is part of a broader initiative to attract high-caliber advisory talent.