Categories: Payment system news

Tokyo-Listed Metaplanet Increases Bitcoin Stash To 3,050 BTC After Latest Purchase

Tokyo-based investment firm Metaplanet has doubled down on its aggressive Bitcoin accumulation strategy amid the crypto market bearishness, emulating the moves of Michael Saylor’s Strategy.

Metaplanet Buys More Bitcoin

Metaplanet announced the acquisition of 162 BTC for $13.3 million, in line with the company’s goal of acquiring 10,000 BTC by 2025 and 21,000 BTC by 2026 as part of its broader strategy to lead Japan’s Bitcoin renaissance.

Metaplanet’s purchase, made at an average price of $83,123 per coin, brings its total Bitcoin holdings to 3,050 BTC, valued at around $249.4 million at current prices.

The company’s stock rose by over 8% to 3,630 yen following the announcement of its Bitcoin acquisition, according to Yahoo Finance.

Metaplanet has acquired 162 BTC for ~$13.5 million at ~$83,123 per bitcoin and has achieved BTC Yield of 53.2% YTD 2025.  As of 3/12/2025, we hold 3050 $BTC acquired for ~$253.7 million at ~$83,180 per bitcoin. pic.twitter.com/dTPkfNv70p

— Simon Gerovich (@gerovich) March 12, 2025

Metaplanet’s last purchase was made a week ago, when it bought 497 Bitcoin for $43.9 million. The firm has purchased almost 1,300 BTC in 2025 so far. These Bitcoin purchases reinforce its commitment to the foremost cryptocurrency. Despite BTC’s short-term drawdowns, the company remains optimistic about the asset’s future price action.

Metaplanet’s CEO Simon Gerovich announced the company’s BTC yield performance for 2025 stood at 53.2%, well above its target of 35% yield per quarter.

BTC yield refers to the percentage change in the ratio of total Bitcoin holdings to fully diluted shares outstanding.

The firm’s endeavor to acquire Bitcoin for its holdings mirrors that of Michael Saylor’s Strategy (formerly MicroStrategy), with Metaplanet now owning over 0.01% of Bitcoin’s total circulating supply — placing it among the top 13 largest corporate Bitcoin holders globally. In Asia, the firm trails only China-based poker game giant Boyaa Interactive, which currently holds 3,183 BTC.

The company has adopted new financing strategies, as it unveiled a $745 million fundraising initiative in zero-discount moving strike warrants in “Asia’s largest-ever raise” to purchase Bitcoin.

superadmin

Recent Posts

Coinbase CEO Reveals Why Bitcoin Could Rise To $400,000 By 2030

Brian Armstrong, CEO of Coinbase exchange, has once again made a bullish long-term projection on…

12 hours ago

Russia’s Largest Securities Marketplace Adds XRP To New Crypto Futures Lineup

Russia’s largest securities exchange is expanding its cryptocurrency derivatives market, with XRP set to join…

13 hours ago

Garlinghouse Reveals What’s Next After XRP Price Reacts Following CLARITY Act Rejection

XRP price retreated sharply last week, drawing the attention of traders looking to understand what’s…

13 hours ago

Ripple Intensifies RLUSD Treasury Activity As 15 Million Tokens Vanish from Supply

Ripple has burned another 15 million RLUSD as large treasury transactions continue to move the…

15 hours ago

Multi-Asset Trading Venue Monochrome Exchange Launches IEO of Its Native Token, $MCR

Monochrome Exchange, a multi-asset trading platform, has announced the Initial Exchange Offering (IEO) of its…

19 hours ago

XRP Whales Are On Fire—Binance Records 6-Month High As Whales Reawaken

XRP whales have recorded a major feat this September, as whale inflows on Binance have…

2 days ago