Metaplanet Inc. has acquired an extra 145 bitcoin for about ¥1.926 billion ($13.6 million), reaching a big milestone of 5,000 BTC in complete holdings. The Tokyo Trade-listed firm executed the acquisition at a median value of ¥13,280,472 ($93,327) per bitcoin.
Metaplanet’s bitcoin treasury is acquired for $428.1 million, with a median acquisition price of $85,621 per coin. “This can be a large step ahead in our goal to change into one of many world’s main bitcoin holding corporations,” Metaplanet CEO Simon Gerovich mentioned in an announcement. “We are going to lead the worldwide bitcoin race from Japan.”
The corporate’s aggressive accumulation technique follows its profitable capital increase in mid-2024, structured via zero-discount shifting strike warrants. The funding was dubbed “Asia’s largest-ever” bitcoin-focused capital increase.
Metaplanet’s proprietary BTC Yield metric, which measures bitcoin-per-share progress, reached 121.1% YTD. The corporate goals to build up 10,000 BTC by the tip of 2025 and 21,000 BTC by 2026.
The corporate’s bitcoin technique mirrors that of U.S.-based Strategy, with each companies specializing in bitcoin as a treasury reserve asset. Metaplanet now ranks among the many prime 10 publicly listed bitcoin holders globally.
The acquisition comes as bitcoin trades round $92,800, with institutional curiosity persevering with to develop via numerous funding automobiles together with ETFs and company treasury allocations.
