Nikolas Sargeant
Metaplanet has further strengthened its cryptocurrency position by purchasing an additional 330 Bitcoin for approximately $28.2 million, according to a disclosure released Monday.
The Tokyo-listed company reported paying an average price of $85,561 per coin in this latest acquisition. With this purchase, Metaplanet's Bitcoin holdings have increased to 4,855 coins, up from 4,525 just one week earlier.
Since January, the company has more than doubled its Bitcoin position, establishing itself as one of Asia's most aggressive corporate cryptocurrency investors. This strategy aligns with Metaplanet's Bitcoin Treasury Operations division, officially launched in December 2024, which mirrors the approach taken by MicroStrategy in the United States by converting fiat currency reserves into digital assets as a long-term value store.
Strategic Financing and High-Profile Advisory Board Formation
As part of its cryptocurrency initiative, Metaplanet recently issued $13.3 million in zero-interest ordinary bonds, with proceeds designated explicitly for Bitcoin purchases. Although the company hasn't confirmed whether these funds directly financed the latest acquisition, previous filings indicate Metaplanet has raised substantial capital through multiple financing rounds this year, largely to accelerate its Bitcoin investments.
In a parallel development, the company announced the formation of a Strategic Board of Advisors, with Eric Trump—second son of US President Donald Trump and a vocal cryptocurrency advocate—named as its inaugural member. Trump has recently cautioned traditional financial institutions about the risks of ignoring digital assets.
Impressive Quarterly Performance Metrics and Long-Term Strategy
Metaplanet evaluates its strategy's effectiveness using a proprietary BTC Yield metric, which measures Bitcoin growth per fully diluted share. The company reported an impressive 95.6% BTC Yield for Q1 2025, with April already showing a 12.1% yield.
Across its entire Bitcoin portfolio, Metaplanet's average purchase price stands at approximately $89,941 per coin, representing a total investment of around $436.6 million. Despite cryptocurrency market fluctuations, the company maintains its focus on long-term shareholder value rather than short-term market movements, emphasizing sustained growth through its digital asset strategy.
