Metaplanet buys another 1,088 bitcoins, bringing total holdings to 8,888 BTC
Metaplanet, Japan’s leading Bitcoin Treasury company, bought 1,088 bitcoins for approximately 16.89 billion yen, with an average price of 15,519,019 yen per BTC. The acquisition raises the company’s total Bitcoin holdings to 8,888 BTC, with a cumulative purchase cost of 122.27 billion yen and an average price of 13,756,658 per BTC.
The company continues to report earnings from its BTC earnings metric, a proprietary KPI that measures Bitcoin’s cumulative per share. As of June 2, 2025, Metaplanet’s BTC yield was 66.3%, following a QTD yield of 95.6%, 309.8% and 41.7% over the past three quarters. The total BTC growth rate in 2025 in the second quarter was 2,684 BTC, which was converted to 40.54 billion yen based on the reference Bitcoin price.
Metaplanet’s capital market activity is closely consistent with its Bitcoin accumulation strategy. Since January 28, 2025, the company has implemented a series of zero-enterprise, non-utilization bond issuance and 0% discounted EVO fund stock acquisition rights, raising more than 35 billion yen and $121 million. These funds are used to purchase Bitcoin purchases and bond redemption.
In the first quarter of 2025, Metaplanet reported its strongest financial results to date. Revenue rose to 877 million yen in the quarter quarter, while operating profit rose 11% to 593 million yen. Net income soared to 5 billion yen and received unrealized gains of 13.5 billion yen from its Bitcoin holdings, further strengthening the company’s balance sheet.
Although Bitcoin prices fell briefly at the end of March, causing a valuation loss of 7.4 billion yen, Metaplanet quickly recovered as BTC soared to new record levels. This close link to Bitcoin performance has led many investors to use Metaplanet as an investment vehicle to obtain Bitcoin on the Tokyo Stock Exchange.
Meanwhile, the strategy acquired another 705 bitcoins for about $75 million, and its position as the largest company holder of Bitcoin as more and more listed companies continue to adopt the Bitcoin treasury strategy.
According to the June 2 SEC filing, they increased their total holdings to 580,955 BTC at an average price of $106,495 between May 26 and June 1. The acquisition is funded by the sale of some of its preferred shares in the market (ATM) equity products.
