TLDR
Metaplanet Inc. purchased 156 BTC at $85,483 per Bitcoin, bringing total holdings to 2,391 BTC
Company has grown Bitcoin holdings from 161 BTC to 2,391 BTC since July 2024
Current BTC yield is 31.8% for 2025 (Jan-Mar), following 309.8% yield in Q4 2024
Recently raised $26.4M through zero-coupon bonds in February 2025
Total Bitcoin investment stands at $196.87M with average purchase price of $82,322
Japanese investment firm Metaplanet Inc. has purchased an additional 156 Bitcoin (BTC) for $13.34 million. The company made the announcement on March 3, 2025.
The latest acquisition was executed at an average price of $85,483 per Bitcoin. This purchase brings Metaplanet’s total Bitcoin holdings to 2,391 BTC.
The company’s journey into Bitcoin began in July 2024. At that time, Metaplanet held just 161 BTC.
Over the past eight months, Metaplanet has rapidly expanded its Bitcoin treasury. The firm has invested a total of $196.87 million in Bitcoin purchases.
The average purchase price across all of Metaplanet’s Bitcoin acquisitions stands at $82,322 per BTC. This figure reflects the company’s dollar-cost averaging strategy.
Funding the Strategy
Metaplanet tracks its Bitcoin accumulation progress through a metric called BTC Yield. This measure calculates the ratio of Bitcoin accumulation to share dilution.
The company reported a 309.8% BTC Yield for the fourth quarter of 2024. The current yield from January 1 to March 3, 2025, is 31.8%.
*Metaplanet purchases additional 156 $BTC* pic.twitter.com/TAC7gfTSEB
— Metaplanet Inc. (@Metaplanet_JP) March 3, 2025
To fund its Bitcoin acquisition strategy, Metaplanet has been raising capital through bond issuances. The company issued its 6th Series of Ordinary Bonds in February 2025.
This bond issuance raised $26.4 million from EVO FUND. These were zero-coupon bonds, meaning they did not carry interest payments.
Metaplanet moved quickly to manage its debt obligations. By February 19, the company had repaid $13.2 million of its bonds ahead of schedule.
The remaining $13.2 million was cleared by February 21. This early repayment demonstrated the company’s strong financial position.
On February 27, Metaplanet issued fresh bonds worth $13.2 million. These new bonds were part of the company’s 7th Series of Ordinary Bonds.
The latest bonds will mature on August 26, 2025. This gives the company a six-month window to manage the debt.
Metaplanet plans to redeem these bonds using proceeds from stock acquisition rights. This approach aims to create a self-sustaining funding strategy for future Bitcoin purchases.
The company has integrated Bitcoin into its formal business plan. This integration guides Metaplanet’s capital market operations and asset accumulation strategy.
