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Metaplanet, a Japanese investment firm, has purchased 1,004 Bitcoin for approximately $104.3 million, increasing its total holdings to 7,800 BTC, valued at around $806 million. This acquisition solidifies Metaplanet's position as the largest publicly listed corporate Bitcoin holder in Asia and the 11th largest globally.
Metaplanet has increased its bitcoin holdings by acquiring 319 BTC, bringing its total to 4,525 BTC as part of its aggressive treasury expansion strategy. The company's recent purchases are supported by capital market activities and aim to enhance shareholder value, with a notable BTC yield of 95.6% for Q1 2025.
Metaplanet has purchased an additional 780 bitcoins, increasing its total holdings to 17,132 BTC, valued at approximately $2 billion. The company's shares rose 5% following the disclosure, outperforming the Nikkei 225 index. Metaplanet's BTC Yield metric has also shown significant growth, reflecting its successful bitcoin treasury strategy.
Metaplanet CEO Simon Gerovich defends the company's bitcoin treasury approach, emphasizing long-term value creation despite recent share price declines. He highlights the company's substantial bitcoin holdings and asserts confidence in their strategy to achieve significant corporate growth in the future.