Japanese investment firm Metaplanet has taken another major step in its Bitcoin accumulation strategy, acquiring an additional 555 BTC. This latest purchase brings the company’s total holdings to 5,555 Bitcoin—worth over $536 million at current market prices.
According to a disclosure on May 7, the Tokyo-listed company spent approximately $53.4 million to buy the 555 BTC at an average price of $96,134 each. Overall, Metaplanet’s total Bitcoin stash was acquired for $481.5 million, with an average entry price of $86,672 per coin, CEO Simon Gerovich confirmed.
To support its Bitcoin strategy, the company also issued another $25 million in zero-coupon bonds. Since the start of 2024, Metaplanet has raised over 35 billion yen (around $244 million) through similar bond issuances and stock acquisition rights with its partner, Evo Fund.
The firm’s unique performance metric, BTC Yield, has seen impressive growth—reaching 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% so far this quarter.
Gerovich marked the milestone with a lighthearted comment on X: “In Japanese, the number five is pronounced ‘Go’ — so today, it’s Go Go Go Go… to the moon!”
Expansion into the US Market
Earlier, on May 1, Metaplanet revealed plans to establish a fully owned US subsidiary named Metaplanet Treasury, which will be based in Florida. The new entity aims to raise up to $250 million to fuel the company’s Bitcoin-focused strategy and to gain better access to US capital markets.
Metaplanet now stands as Asia’s largest public company holder of Bitcoin and ranks 11th globally, according to data from BitcoinTreasuries.NET.
The firm has been on a consistent buying spree. In early April, it acquired 696 BTC for 10.2 billion yen (approximately $67 million). This was followed by another 330 BTC purchase for $28.2 million later that month, pushing its total to 4,855 BTC. On April 24, it added another 145 BTC for $13.4 million, bringing the total to 5,000 before this most recent move.
Following the news, Metaplanet’s stock surged 11% by midday on the Tokyo Stock Exchange, according to Google Finance data.
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