Metaplanet Expands Bitcoin Holdings to 2,031 BTC, Valued at $163.3 Million
Key Highlights:
- Metaplanet now holds 2,031 BTC, worth approximately $163.3 million.
- The company reported a 15.3% BTC yield in early 2025.
- Metaplanet’s stock surged 8%, now trading above 6,500 JPY, with a 78% increase since 2025 began.
Metaplanet Boosts Bitcoin Reserves with Major Acquisition
Often referred to as Japan’s MicroStrategy, Metaplanet has expanded its Bitcoin portfolio with the purchase of 269.43 BTC for $26.3 million, bringing its total holdings beyond 2,000 BTC.
Following the announcement, Metaplanet’s stock rose by 8%, reinforcing investor confidence in its Bitcoin investment strategy. Since the start of 2025, the company’s stock has gained over 78%.
BTC Yield and Average Acquisition Cost
CEO Simon Gerovich disclosed that the firm acquired BTC at an average price of $97,481 per BTC. As of February 17, 2025, Metaplanet’s total Bitcoin holdings amount to 2,031 BTC, acquired at an average cost of $80,394 per BTC.
In terms of performance, the company reported a BTC yield of 15.3% in early 2025, following a 309.8% yield in Q4 2024. The latest BTC acquisition was financed through capital raised via stock issuance.
Stock Issuance to Fund Additional Bitcoin Investments
Metaplanet plans to issue 21 million new shares to finance further Bitcoin acquisitions. According to the company’s announcement on X, these shares will be offered at a 0% discount through moving strike warrants, aiming to raise 116 billion yen ($740 million). The stock issuance period runs from February 18, 2025, to February 17, 2027.
This initiative marks one of the largest capital raises in Asian equity market history. The company plans to use these funds to aggressively expand its Bitcoin reserves, with CEO Gerovich previously setting a target of 10,000 BTC by the end of 2025. Additionally, Metaplanet is working on strategic partnerships to promote Bitcoin adoption in Japan.
Market Trends and Future Outlook
Metaplanet’s latest Bitcoin investment coincides with BTC approaching $97,000, despite experiencing selling pressure. Meanwhile, large BTC holders continue accumulating, with SpotOnChain reporting that a new wallet withdrew 568.74 BTC from Binance over four days at an average price of $96,769 per BTC (totaling $55.04 million).
With Metaplanet’s aggressive Bitcoin acquisition strategy and ongoing market trends, its stock price and BTC valuation could see further volatility and growth in the coming months.
