Japan’s Metaplanet announced on Monday that it purchased an additional 269.43 Bitcoin, valued at approximately $25.9 million, as part of its ongoing effort to expand its BTC reserves. This acquisition brings the company’s total Bitcoin holdings to 2,031.41 coins. The company disclosed that it acquired these coins at a rate of 14,846,322 yen (about $97,985.73) per Bitcoin. Metaplanet tracks BTC Yield as a key metric, reflecting changes over time in the ratio of its total Bitcoin holdings to all possible shares. For instance, from July 1 to September 30, 2024, its BTC Yield was 41.7%, jumping to 309.8% from October 1 to December 31, 2024, and most recently, reaching 15.3% from January 1 to February 17, 2025.
Earlier this month, Metaplanet became Japan’s top-performing stock, soaring over 4000% in the past year. This impressive rise resulted from its “Bitcoin-first, Bitcoin-only” strategy, which focuses on accumulating cryptocurrency. The company is following the example set by Michael Saylor’s Strategy—previously known as MicroStrategy—encouraging many firms to purchase and hold Bitcoin in their corporate treasuries to combat declining share prices.
Last month, Metaplanet announced ambitious plans to significantly expand its Bitcoin reserves, aiming for 10,000 BTC by the end of the year. To reach this goal, it intends to leverage partnerships to promote Bitcoin adoption in Japan and globally. Additionally, the company is actively exploring opportunities to broaden its influence within Japan and the larger Bitcoin ecosystem. A significant portion of Metaplanet’s revenue comes from Bitcoin-related activities, particularly through the sale of Bitcoin put options. The company’s hotel business, operated by its subsidiary Wen Tokyo Co., also contributes to its financial success, with operations including the Royal Oak Hotel in Tokyo’s Gotanda district.
*Metaplanet purchases additional 269.43 $BTC* pic.twitter.com/gIkpqVdALK — Metaplanet Inc. (@Metaplanet_JP) February 17, 2025
