Japanese company Metaplanet saw its stock price rise to three-month highs on Monday following the announcement of its latest bitcoin (BTC) acquisition. The company added 1,004 bitcoins to its treasury, marking its third significant purchase this month.
A week ago, it purchased 1,241 bitcoins, surpassing El Salvador's reserves. Earlier, on May 7, Metaplanet made a comparatively smaller purchase of 555 bitcoins.
Metaplanet's stocks benefit from bitcoin acquisitions
According to an official disclosure, the latest transaction was valued at 15.19 billion yen (approximately 104.3 million dollars). The average purchase price for Metaplanet was 15.13 million yen, which is equivalent to 103,873 dollars per bitcoin.
"From July 1, 2024, to September 30, 2024, the company's BTC yield was 41.7%. From October 1, 2024, to December 31, 2024, the company's BTC yield was 309.8%. From January 1, 2025, to March 31, 2025, the company achieved a BTC yield of 95.6%. To date, from April 1, 2025, to May 19, 2025, the company's BTC yield is 47.8%," the statement said.
Metaplanet issues zero-coupon bonds to finance these purchases. In May 2025, it issued bonds totaling 64.7 million dollars. This includes 24.7 million dollars from the 12th series issued on May 2, 25 million dollars from the 13th series approved on May 7, and 15 million dollars from the 15th series issued on May 13.
The company currently owns a total of 7,800 bitcoins, with total investments of 105.38 billion yen, or approximately 712.5 million dollars. The average historical purchase price across all its bitcoin assets is 13.5 million yen per bitcoin, approximately 91,343 dollars per token.
Meanwhile, following the news, Metaplanet's shares, 3350.T, rose by 12.6%, according to Yahoo Finance data. At the time of publication, their trading price was 702 yen (4.8 dollars), which are highs last seen on February 13. In just the last month, the value of 3350.T has increased by 101.7%, significantly benefiting from the recent bitcoin rally. In fact, since the implementation of the bitcoin reserve strategy, stock prices have risen more than 15 times.
The company's financial performance further supports this upward trajectory. In its first quarter 2025 financial year earnings report, Metaplanet disclosed revenues of 6 million dollars, of which 88% came from trading bitcoin options.
This underscored the important role that bitcoin plays in its financial success. As the company continues to integrate bitcoin into its economic strategy, it sets a new standard for corporate cryptocurrency adoption in the region.#BinanceSquare #Write2Earn #crypto #Binance #metaplanet $XRP