Metaplanet Purchase Another 497 BTC as Its Stock Jump 21%
Metaplanet's $44 million Bitcoin investment boosted its stock price 21%, making it Asia's largest corporate Bitcoin holder.
Japanese investment firm Metaplanet’s aggressive pursuit of Bitcoin has yielded significant returns, propelling its stock price to a 21% increase on March 5th, 2025.
This surge followed the announcement of a further $44 million investment in Bitcoin, acquiring 497 BTC at an average price of approximately $88,448 per coin.
Notably, this brings Metaplanet’s total Bitcoin holdings to 2,888 BTC, valued at roughly $251 million based on the current market price of approximately $87,150 per Bitcoin. The company’s average purchase price across all holdings is $84,240 per coin.
Metaplanet Buys The Dip
The purchase represents a significant commitment to Bitcoin, particularly considering the recent market volatility. Bitcoin experienced an 8.5% decline over the preceding 14 days, reaching a three-month low of under $79,000 on February 28th, 2025, largely attributed to anxieties surrounding potential trade tariffs introduced by US President Donald Trump.
Furthermore, the impact on Metaplanet’s stock price has been dramatic. Trading on the Tokyo Stock Exchange, Metaplanet’s shares (MTPLF) experienced a 21% increase by 2 pm local time on March 5th, reaching approximately 3,985 Japanese yen ($26.60).
Moreover, the remarkable performance contrasts with a recent dip mirroring Bitcoin’s price fluctuations. However, over the past twelve months, Metaplanet’s stock has showcased exceptional growth, exceeding a 1,700% increase, solidifying its position as a top performer on the Tokyo Stock Exchange.
Metaplanet’s CEO, Simon Gerovich, highlighted the firm’s impressive year-to-date yield of 45%, emphasizing the success of its Bitcoin strategy. This follows a Q1 2025 yield of approximately 31.8% and a remarkable 310% yield in Q4 2024. These gains, totaling roughly $66 million in Q1 2025 alone, from acquisitions of 794.5 BTC year-to-date, highlight the firm’s adept navigation of the cryptocurrency market.
Previous BTC Acquisitions
The firm’s ambitious Bitcoin acquisition plan, aiming to accumulate 21,000 BTC by 2026, positions Metaplanet as a key player in Japan’s burgeoning Bitcoin market.
Additionally, the firm’s ambitious goal is further supported by the recent issuance of $13.6 million in zero-interest bonds, a move explicitly designed to fund its Bitcoin strategy. Furthermore, the company’s exploration of international listings, including potential listings on the New York Stock Exchange and Nasdaq, signals a desire to expand its investor base globally.
Metaplanet’s strategic acquisitions have catapulted the firm to the position of the largest corporate Bitcoin holder in Asia and the 12th largest globally, surpassing Hong Kong’s Boyaa Interactive International. This achievement underscores Metaplanet’s commitment to leading Japan’s Bitcoin renaissance and its emergence as a significant global player in the cryptocurrency market.