In a significant move that reinforces its cryptocurrency strategy, Japan's Metaplanet has announced the acquisition of an additional 269.43 Bitcoin, valued at approximately $25.9 million. This latest purchase has elevated the company's total Bitcoin holdings to 2,031.41 coins, with each Bitcoin acquired at roughly 14,846,322 yen ($97,985.73).
The company's BTC Yield metric, which measures the relationship between total Bitcoin holdings and potential shares, has shown remarkable volatility. The yield fluctuated from 41.7% in Q3 2024 to a dramatic 309.8% in Q4 2024, before settling at 15.3% in early 2025.
Strategic Growth Through Stock Rights
In late January, Metaplanet's Board greenlit a significant expansion plan, approving the issuance of the 13th through 17th Series of Stock Acquisition Rights to EVO FUND. This strategic move involves five separate tranches, each comprising 4.2 million shares, for a total of 21 million shares.
Market Leadership Through Bitcoin Strategy
Metaplanet's bold "Bitcoin-first, Bitcoin-only" approach has yielded impressive results, propelling it to become Japan's leading stock performer with a remarkable 4000% surge over the past year. This strategy mirrors the successful model pioneered by Michael Saylor's Strategy (formerly MicroStrategy), which has inspired numerous corporations to integrate Bitcoin into their treasury holdings.
Expanding Bitcoin Presence in Japan
Metaplanet has set an ambitious target of accumulating 10,000 BTC by year-end, signaling its commitment to substantial growth. The company's revenue streams are diversified, combining Bitcoin-related activities, particularly the sale of Bitcoin put options, with traditional business ventures like the Royal Oak Hotel in Tokyo's Gotanda district, operated through its subsidiary, Wen Tokyo Co.