Key Points
- Japanese Bitcoin firm Metaplanet has acquired an additional 269.43 BTC, bringing its total holdings to 2,000 BTC.
- This move led to an 8% increase in Metaplanet’s stock price.
Metaplanet, a Japanese investment firm specializing in Bitcoin, recently announced its acquisition of an additional 269.43 BTC. This investment, worth $26.3 million, brings the company’s total Bitcoin holdings to 2,000 BTC.
This strategic acquisition resulted in an 8% surge in Metaplanet’s stock price, pushing it back to the 6,500 JPY level.
Metaplanet’s Growing Bitcoin Portfolio
Since the start of the year, Metaplanet’s stock price has seen a notable increase, rising over 78%. Simon Gerovich, the firm’s CEO, disclosed that the newly acquired Bitcoin was purchased at an average price of $97,481 per BTC. The firm’s year-to-date BTC yield for 2025 stands at 15.3%.
Currently, Metaplanet holds a total of 2,031.41 BTC, acquired at a cumulative investment of approximately $163.3 million. The average cost per Bitcoin, according to company disclosures, is $80,394.
The firm’s BTC yield, which calculates the proportion of fully diluted shares to Bitcoin holdings, was 15.3% in early 2025, and 309.8% the previous year.
To finance its latest Bitcoin acquisition, Metaplanet issued a JPY 4 billion zero-coupon bond to EVO FUND, maturing in August 2025. The company has also authorized the issuance of the 13th to 17th Series of Stock Acquisition Rights, totaling 21 million shares, to finance future Bitcoin acquisitions.
Potential for Continued Growth
In recent months, Metaplanet’s stock price has risen more than 78%, showing a significant upward trend. The price has risen 8% today, surpassing 6520 JPY, and is pushing for new all-time highs.
The firm’s decision to initiate Bitcoin Treasury Operations has triggered substantial trading activity within the Japanese market. The company’s upcoming inclusion in the MSCI Japan Index after February 28, 2025, is expected to attract further attention.
The MSCI Index is a key benchmark for global institutional investors, influencing their decisions on Japanese stocks. The company’s goal of acquiring 21,000 BTC by 2026, along with its inclusion in the MSCI Index, could provide further momentum for the stock’s growth.
Metaplanet’s recent Bitcoin acquisitions align with the growing trend of Bitcoin accumulation by institutional investors. A recent SpotOnChain report revealed significant activity from a newly created wallet, which withdrew 568.74 BTC from Binance over the past four days. The estimated average price of these Bitcoins stands at $96,769 each, with a total value of around $55.04 million.