- Metaplanet has acquired 330 BTC at $85,605 each, totaling $28.2 million in its latest strategic Bitcoin purchase.
- The company now holds 4,855 BTC, following steady acquisitions supported by equity offerings and bond issuances over the past year.
- Year-to-date, Metaplanet has achieved a 119.3 percent yield on Bitcoin, signaling strong performance amid continued market strength.
Tokyo-based Metaplanet has expanded its Bitcoin reserves with a recent acquisition of 330 BTC. The purchase, valued at $28.2 million, was confirmed by the company’s CEO Simon Gerovich in a public announcement. With this latest buy, Metaplanet now holds a total of 4,855 BTC on its balance sheet.
According to Gerovich, the acquisition was made at an average price of $85,605 per Bitcoin. The announcement follows an earlier purchase of 696 BTC at the start of April. The company is steadily approaching the 5,000 BTC mark as it continues to execute its Bitcoin-first approach to treasury management.
Company strategy focuses on BTC through bond and equity funding
Metaplanet has shifted its corporate strategy over the past year to prioritize Bitcoin accumulation. This initiative has been supported through a mix of equity offerings and bond issuances. The firm’s financial decisions are aligned with its goal to increase Bitcoin exposure while following a disciplined acquisition model.
As of the latest report, Metaplanet has recorded a year-to-date Bitcoin yield of 119.3 percent. The strong performance comes amid a broader crypto market rally, with Bitcoin recently trading at $87,300. This increase in value has contributed significantly to the company’s overall BTC portfolio growth.
Aligning with industry leaders in Bitcoin strategy
Metaplanet’s ongoing Bitcoin acquisitions mirror the strategies of other BTC-focused firms, including MicroStrategy. Though MicroStrategy holds significantly more Bitcoin, Metaplanet’s consistent buying pattern has earned it a place in the Bitwise OWNB index, which tracks companies with over 1,000 BTC in reserves.
Metaplanet enhances its strategic direction by adding Eric Trump onto its Strategic Board of Advisors. The company plans to buy $10 million worth of Bitcoin during the upcoming weeks which reflects ongoing commitment to its BTC-based strategy.
