Metaplanet has recently increased its holdings by 330 BTC, bringing its total holdings close to 5000 BTC
On April 21, the company disclosed data that Tokyo-listed investment company Metaplanet has recently purchased another 330 BTC, raising its total holdings to 4,855 BTC. The average purchase price for this acquisition was 12.18 million yen per Bitcoin, with a total expenditure of 4.02 billion yen (approximately 26 million USD).
Currently, the total value of Bitcoin held by Metaplanet is approximately 62.17 billion yen (around 414 million USD), with an average purchase price of 12.8 million yen per Bitcoin.
Metaplanet uses the "BTC Yield" metric to track performance, which measures the number of Bitcoins held per fully diluted share. So far this quarter, the company's Bitcoin yield is 12.1%. The yields for the previous three quarters were 41.7%, 309.8%, and 95.6%, respectively.
The company's focus on Bitcoin strategy has also benefited from support in capital market activities, including the issuance of zero-coupon bonds and stock subscription rights.
As of April 2025, Metaplanet has completed over 40% of its "2 billion yen bond plan," which is a financing plan related to issuing 0% discount stock subscription rights to the EVO fund. Currently, these funds raised for financing have been used to invest in Bitcoin, with returns exceeding 35 billion yen (approximately 226 million USD).
Metaplanet stated that this year its Bitcoin project revenue is expected to reach 3 billion yen (approximately 27.5 million USD), which will contribute to the company's goal of achieving a total target revenue of 3.4 billion yen (around 31.3 million USD) for the year.
As Asia's largest Bitcoin holder, Metaplanet has significantly increased its Bitcoin holdings since establishing its accumulation strategy in 2024. The company aims to increase its BTC holdings to 10,000 by the end of 2025 and to 21,000 by 2026, accounting for about 1% of the total Bitcoin supply.
What do you think about the strategy of publicly listed companies continuously increasing their Bitcoin holdings? Do you see Metaplanet's actions as a long-term value investment or short-term speculation?