- Metaplanet bought 1088 Bitcoin and now holds 8888 BTC which is 88% of its 2025 target.
- The company used zero interest bonds to fund the purchase and plans to reach 10,000 BTC this year.
- Metaplanet stock rose over 2% after the new Bitcoin buy and has gained over 200% this year.
Metaplanet Inc. has added 1,088 additional Bitcoins to its holdings, making it one of the top corporate Bitcoin owners in Asia. The company now controls 8,888 bitcoins and is on its way to reaching the goal of 10,000 BTC by 2025.
The company spent $117.3 million on their most recent investment. With the acquisition, the company now has about $933 million in Bitcoin on its balance sheet.
The company revealed the acquisition on June 2, stating that it bought the Bitcoins at an average price of $107,771 each. Overall, Metaplanet has spent about $829.7 million on Bitcoin since it began buying. The average cost per coin now stands at $93,354. With this move, the company has achieved nearly 88.9% of its 2025 Bitcoin target.
Stock Price Rises After Announcement
Following the announcement, Metaplanet’s stock saw a noticeable increase. The price of shares increased by 9.75% and reached 1,171 yen. Over the past month, the company’s stock has grown by over 155%. The stock has risen about 214% since the beginning of the year, based on Yahoo Finance data .
The increase in stock price demonstrates investors believe in the company’s strategy. The latest Bitcoin purchase was partly funded through zero-coupon bonds. Metaplanet recently completed a $50 million bond round. In addition, it issued another $21 million in no-interest bonds to support continued purchases.
Returns Remain Strong Amid Volatility
Metaplanet has reported strong returns from its Bitcoin investments. The company achieved a 225.4% year-to-date return on its Bitcoin portfolio. From April to June 2, the Bitcoin Yield reached 66.3%. This figure is a key indicator Metaplanet uses to measure its investment strategy.
In previous quarters, the yield varied significantly. The company saw 41.7% in Q3 2024 and a steep 309.8% in Q4 2024. In Q1 2025, the yield was 95.6%. These numbers show that the company has managed to capitalize on Bitcoin’s price movements.
Market Timing Supports Strategy
The latest purchase occurred while Bitcoin traded above $105,000. At the time of the announcement, Bitcoin was priced at $104,968. This represents a daily gain of 0.41%. Over the past month, the cryptocurrency rose by 8%.
Bitcoin’s trading volume has also seen growth. It increased by 3%, reaching $37.45 billion. Market conditions appear to support Metaplanet’s buying strategy. The firm continues to issue bonds and make timely purchases.
Metaplanet’s approach signals long-term commitment to Bitcoin. With 8,888 BTC secured, the company edges closer to its 2025 target.
