Metaplanet Acquires $6.6M Worth of BTC in Latest Purchase

Japanese venture capital firm, Metaplanet, has boosted its bitcoin stash to 2,100 BTC with the recent acquisition of 68.59 BTC for $6.6 million. The latest purchase comes just three days after the firm announced the purchase of 269 bitcoins worth over $26 million.

Metaplanet Now Holds 2,100 BTC

According to the filing, the firm purchased a total of 68.59 BTC at an average price of $96,335 per bitcoin. This brings its total bitcoin holdings to 2,100 BTC, valued at $203 million at the current market price. With this acquisition, the Tokyo-listed firm now holds about 0.01% of the total bitcoin supply.

*Metaplanet Reaches 0.01% of Total Bitcoin Supply* pic.twitter.com/0fgubEYkaA

— Metaplanet Inc. (@Metaplanet_JP) February 20, 2025

Metaplanet’s confidence in Bitcoin and its commitment to expanding its stash has so far paid off. The company’s BTC yield performance shows impressive results of 18% year-to-date for 2025 and a record 309.8% in Q4 2024. 

For context, BTC yield measures the percentage change in the ratio of total Bitcoin holdings to fully diluted shares. This metric is used to assess the effectiveness of Metaplanet’s Bitcoin acquisition approach, offering investors insight into the potential returns. 

Following the recent BTC purchase, Metaplanet’s stock saw a 2.78% increase to 6,290 yen, according to data from Yahoo Finance. Its stock price has also surged by 80.75% since the beginning of the year and 427.24% over the past six months. 

Metaplanet Doubles Down on Bitcoin Strategy

Following in the footsteps of Strategy (formerly known as MicroStrategy), the largest corporate holder of Bitcoin, Metaplanet has consistently boosted its bitcoin stash through several large acquisitions. 

The company adopted the leading crypto asset in May 2024 as a key part of its treasury to hedge against Japan’s economic challenges, including high national debt and currency depreciation. Earlier this year, the firm revealed its goal to reach 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. 

Metaplanet’s Bitcoin acquisition strategy has been financed through a combination of innovative funding methods. One of these methods is plans to issue $745 million in zero-discount moving strike warrants. Earlier this month, the company raised $25.9 million (¥4 billion) through zero-interest, unsecured bonds. It intends to use the funds to acquire more bitcoins.