Metaplanet Bolsters Bitcoin Holdings With Significant Purchase
By: Eva Baxter
Metaplanet, a prominent Japanese corporation, has made headlines with its latest move to secure its position as one of the largest corporate holders of Bitcoin. The company has recently acquired an additional 696 Bitcoin (BTC), valued at approximately $67.8 million, elevating its total Bitcoin holdings to 4,046 BTC, worth over $350 million. This acquisition marks a strategic step in Metaplanet's ambitious plan to accumulate a total of 21,000 BTC by 2026, serving as a leader in Japan's national Bitcoin adoption efforts.
According to Bitcoin Treasuries data, Metaplanet is now ranked ninth among publicly listed companies with significant Bitcoin exposure, surpassing well-known firms such as Bitcoin Group and Semler Scientific. The Tokyo-listed company has been proactive in its Bitcoin strategy, utilizing a dual approach to secure its latest acquisition. This approach involved the use of put option assignments to acquire 645.74 BTC and generating an additional 50.26 BTC from premium income derived from these options.
Metaplanet's financial maneuvers include the issuance of 2 billion yen in 0% ordinary bonds to finance its Bitcoin purchases and recent inclusion in BetaShares' Crypto Innovators ETF. Simon Georvich, CEO of Metaplanet, has expressed pride in the firm’s milestones, highlighting the increasing institutional interest in the company's Bitcoin-focused investments. Metaplanet's innovative financial strategies have not only bolstered its holdings but have also contributed significantly, generating 770 million yen in operating revenue from option premiums—making up 25.7% of the company's 3 billion yen annual revenue target.
The company's Bitcoin Yield Strategy, introduced last year, has shown success by achieving a 95.6% yield for the first quarter of 2025, surpassing the benchmark goal of 35%. This model enables Metaplanet to measure how effectively it leverages its Bitcoin reserves to enhance shareholder value. The latest announcements have positively impacted Metaplanet's stock, which saw a recovery, rising by 2% after a previous decline. This tactical foresight underscores Metaplanet's commitment to securing its position in the evolving cryptocurrency industry.
