Metaplanet Expands Bitcoin Holdings to 2,100 BTC with $6.6M Acquisition

Metaplanet has introduced that its whole Bitcoin holdings have reached 2,100 BTC, now price $196 million.

The agency revealed it lately purchased an extra 68.59 BTC for $6.6 million at a mean worth of $96,335.

0.01% of Whole Bitcoin Provide

In a February 20 X post, the corporate highlighted that its BTC reserves now make up “0.01% of whole Bitcoin provide.”

The Japanese funding agency has been quickly rising its Bitcoin holdings as a part of its treasury operations. In accordance with its “Bitcoin Plan,” shared on January 28, Metaplanet goals to achieve 10,000 BTC by the tip of 2025 and 21,000 BTC by the tip of 2026.

The outfit has considerably elevated its purchases of the primary cryptocurrency since mid-2024 when it began utilizing it as a approach to defend towards inflation.

This newest acquisition comes shortly after a earlier one earlier this week, the place the agency bought 269.43 BTC price $25.6 million, bringing its whole holdings to 2,031 BTC. Earlier than that, Metaplanet had made a number of different purchases, together with its largest one up to now in December 2024, when it obtained practically 620 BTC price $60.6 million.

CEO Simon Gerovich has mentioned that adopting the Bitcoin Commonplace has been a game-changer, serving to set up Metaplanet as Tokyo’s prime BTC-focused firm. Over the previous yr, its inventory worth has surged by greater than 4,000%. Moreover, the agency is ready to be included within the MSCI Japan Index on February 28, a transfer anticipated to draw extra traders.

Capital Market Actions

Metaplanet has been rising its reserves by means of its Bitcoin Treasury Operations, which formally turned a business line on December 18, 2024.

The corporate has been funding these purchases utilizing capital market actions and its income. In keeping with this, its Board of Administrators has permitted a number of monetary strikes.

On January 28, 2025, it issued 21 million inventory acquisition rights to EVO FUND in 5 tranches with an adjustable train worth. On February 10, it additionally issued zero-coupon bonds price 4 billion yen to EVO FUND, with the cash put aside to purchase Bitcoin.

By February 13, Metaplanet had acquired the total 4 billion yen and adjusted its spending to hurry up BTC acquisitions. On February 19, it redeemed 2 billion yen of those bonds early, utilizing cash from EVO FUND’s train of inventory acquisition rights.

Between February 18 and 19, simply over 11% of the thirteenth Sequence of inventory acquisition rights have been exercised, elevating 3.02 billion yen and contributing 2.38% towards Metaplanet’s “21 Million Plan.”