Thu, February 20

Metaplanet’s Bitcoin Buying Spree Pushes Holdings to 2,031 BTC

Metaplanet’s Bitcoin Buying Spree Pushes Holdings to 2,031 BTC Market News
  • Metaplanet now holds 2,031 BTC, worth approximately $163.3 million.
  • The company reported a 15.3% BTC yield in early 2025.

Metaplanet, often called Japan’s MicroStrategy, has expanded its Bitcoin portfolio. The company acquired 269.43 BTC for $26.3 million, pushing its total holdings past 2,000 BTC. This purchase led to an 8% surge in Metaplanet’s stock, which now trades above 6,500 JPY. Since the start of 2025, the stock has gained over 78%.

CEO Simon Gerovich stated that the firm bought BTC at an average price of $97,481 per BTC. The company reported a year-to-date BTC yield of 15.3% in 2025. As of February 17, Metaplanet holds 2,031 BTC, purchased for approximately $163.3 million at an average cost of $80,394 per BTC.

The company’s BTC yield, which measures Bitcoin holdings against fully diluted shares, hit 309.8% in Q4 2024 and 15.3% in early 2025. Metaplanet funded its latest Bitcoin purchase through capital raised via stock issuance.

Stock Issuance to Fuel Further Bitcoin Investments

Metaplanet plans to issue 21 million new shares to finance additional Bitcoin acquisitions. The company announced on X that these shares will be available at a 0% discount through moving strike warrants. This fundraising effort aims to generate 116 billion yen ($740 million). The stock acquisition period runs from February 18, 2025, to February 17, 2027.

This capital raise marks one of the largest in Asian equity market history. The company intends to use these funds to expand its Bitcoin reserves significantly. Earlier this month, Metaplanet’s CEO outlined a goal of reaching 10,000 BTC by the end of 2025. The firm also plans to form strategic partnerships to drive Bitcoin adoption in Japan.

Metaplanet’s Bitcoin purchase comes as BTC flirts with $97,000, facing slight selling pressure. Meanwhile, BTC whales continue accumulating. SpotOnChain reported that a new wallet withdrew 568.74 BTC from Binance over four days at an average price of $96,769 per BTC, amounting to $55.04 million. Metaplanet’s aggressive Bitcoin strategy, combined with market trends, could impact both its stock and BTC price moving forward.

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