Metaplanet, one of the leading listed companies in Tokyo, has just announced the purchase of an additional 555 Bitcoin, strengthening its position in the digital asset accumulation strategy. With this latest transaction, the total number of Bitcoin held by the company has reached 5,555 BTC, equivalent to over 536 million USD at current market prices.
In a statement on May 7, Metaplanet announced that they spent 53.4 million USD to purchase 555 Bitcoin, with an average price of 96,134 USD. According to CEO Simon Gerovich, the total number of Bitcoin owned by the company was acquired at a cost of 481.5 million USD, corresponding to an average price of 86,672 USD.
To maintain a long-term accumulation strategy, Metaplanet also announced the issuance of an additional 25 million USD in non-interest bonds to fund upcoming Bitcoin purchases. Since the beginning of 2024, the company has raised over 35 billion yen (equivalent to 244 million USD) through non-interest bonds and stock purchase rights, collaborating with partner Evo Fund.
The company's exclusive key performance indicator (KPI), known as BTC Yield, has recorded impressive growth in recent quarters. Specifically, this index reached 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter.
“In Japanese, the number 5 is pronounced as ‘Go’, so today we want to shout: Go go go go — flying to the moon and beyond!” Gerovich excitedly shared on platform X.
Metaplanet expands operations in the US with plans to establish a subsidiary
On May 1, Metaplanet announced plans to establish a subsidiary in the US, named Metaplanet Treasury Corp., headquartered in Florida. This subsidiary is expected to raise up to 250 million USD to promote its Bitcoin strategy and access the capital markets in the US.
Currently, Metaplanet is recognized as the largest public company holding Bitcoin in the Asia region and ranks 11th globally, according to statistics from BitcoinTreasuries.NET.
Recent advancements in the Bitcoin accumulation strategy
In early April, Metaplanet announced the purchase of an additional 696 BTC with a total value of 10.2 billion yen (67 million USD). Later, in the same month, the company continued to purchase an additional 330 Bitcoin for 28.2 million USD, corresponding to an average price of 85,605 USD per BTC, raising the total number of Bitcoin held to 4,855 BTC.
On April 24, Metaplanet continued to disclose the purchase of an additional 145 Bitcoin for 1.9 billion Japanese yen (approximately 13.4 million USD), bringing the company's total Bitcoin assets to 5,000 BTC.
These positive moves have resulted in favorable outcomes in the stock market. According to data from Google Finance, the stock price of Metaplanet rose by 11% in mid-day trading on the Tokyo Stock Exchange.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their due diligence before making decisions. We are not responsible for your investment decisions.
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