Tokyo-based investment firm Metaplanet Inc. has been making bold moves in the world of corporate Bitcoin adoption. Often compared to MicroStrategy for its aggressive BTC strategy, the company has accumulated over 2,235 BTC—valued at approximately $192.4 million as of early 2025—through a series of calculated acquisitions and innovative financing tactics.
🚀 Major Milestones in Metaplanet’s Bitcoin Play
1. Record-Breaking BTC Purchase
On December 23, 2024, Metaplanet made its largest single Bitcoin purchase yet—619.7 BTC for nearly $60 million. This brought total holdings to 1,762 BTC, ranking the company as the 12th-largest corporate Bitcoin holder in the world.
2. Financing Through Zero-Coupon Bonds
In February 2025, Metaplanet issued $13.4 million in zero-coupon bonds—the seventh such issuance since May 2024—with proceeds allocated to its Bitcoin acquisition vehicle, the Evo Fund.
3. Ambitious Accumulation Targets
Looking ahead, the firm aims to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the close of 2026. To fund this strategy, it plans to raise up to $745 million through the issuance of 21 million shares.
4. New BTC Yield Metric
Metaplanet introduced a proprietary performance metric called BTC Yield, similar to earnings per share (EPS), to evaluate how effectively it's growing its Bitcoin holdings relative to share dilution. As of Q4 2024, the company reported a BTC Yield of 310%, signaling significant value creation.
📈 Market Reaction and Investor Confidence
Metaplanet’s Bitcoin-first approach has dramatically impacted its stock price. From just 200 yen to 6,650 yen in early 2025, shares have skyrocketed 3,225% in under a year—a clear vote of confidence from investors.
💬 Join the Conversation
What do you think about Metaplanet’s bold Bitcoin strategy? Are we witnessing the rise of Asia’s MicroStrategy—or something entirely new?
