Metaplanet from Japan has made a significant addition to its Bitcoin portfolio, acquiring another 160 BTC, which elevates its total holdings to 4,206 BTC.
In a statement released on April 2, the company disclosed that this latest acquisition was made at an average cost of 12.49 million yen ($80,063) per Bitcoin, amounting to a total of 1.998 billion yen ($13.39 million). This transaction is part of Metaplanet’s ongoing strategy to build its Bitcoin treasury, a key factor in the firm’s growth.
The company also noted that it secured 696 Bitcoin during the first quarter of 2025 through the sale of cash-secured Bitcoin put options. Of these, 50 BTC were obtained from premiums, while 645.74 BTC were acquired through option exercises. The overall expenditure for these purchases was ¥10.152 billion ($91.7 million), and Metaplanet is actively seeking investor capital to support further acquisitions.
On March 31, Metaplanet successfully raised 2 billion yen ($13.22 million) via its 10th Series of Ordinary Bonds, with all proceeds earmarked for expanding its Bitcoin holdings. Since implementing its Bitcoin-centric strategy, the company’s stock has surged over 3,000%, reflecting strong investor enthusiasm.
The company indicated that it is on track to achieve its goal of generating ¥3.0 billion (~$27.5 million) from its Bitcoin initiative this year. This revenue will contribute to its overall target of ¥3.4 billion (~$31.3 million) for the fiscal year.
The primary measure used by the company to evaluate the effectiveness of its Bitcoin acquisition strategy is the BTC Yield, which assesses the percentage change in total Bitcoin assets relative to fully diluted shares. The Bitcoin yield climbed to 309% in Q4 2024 and reached 95% in Q1 2025.
As part of its long-term vision, Metaplanet aims to amass 21,000 BTC by 2026 and intends to exceed 10,000 BTC by the end of 2025, positioning itself as the largest corporate Bitcoin holder in Asia.