Bitcoins
Bitcoins TLDR
- Metaplanet shares jumped 12% after buying 1,004 BTC.
- The company now holds 7,800 BTC worth $712.5 million.
- Metaplanet’s BTC holdings are higher than El Salvador’s.
- BTC Yield hit 47.8%, showing strong treasury growth.
- Bond sales and share issuance funded Bitcoin purchases.
Metaplanet Inc. shares surged 12% on the Tokyo Stock Exchange after the firm confirmed a major Bitcoin acquisition. The company revealed it purchased 1,004 BTC, increasing its total holdings to 7,800 BTC. This move lifted investor sentiment and drove the stock to its highest since February 2025.
Bitcoin Accumulation Lifts Investor Confidence
Metaplanet’s latest purchase amounted to $104 million, with each Bitcoin acquired at an average of $97,182. Consequently, the total value of its Bitcoin treasury has now reached approximately $712.5 million. The sharp price rise came as Bitcoin crossed the $100,000 mark amid growing optimism in global financial markets.
Besides the recent acquisition, Metaplanet had earlier surpassed El Salvador’s Bitcoin holdings with a separate 1,241 BTC buy. The company bought those coins at $101,843 each, totaling nearly $129 million in value. This positioned the Tokyo-listed firm ahead of the Central American nation, which holds 6,714 BTC.
The company’s strategy to build its reserves appears deliberate and structured. CEO Simon Gerovich has stated the company’s target is to reach 10,000 BTC by year-end 2025. So far, Metaplanet has achieved 78% of this goal, indicating steady progress in line with its stated plans.
BTC Yield Growth Signals Positive Treasury Performance
The firm tracks its Bitcoin Treasury Operations using specific key indicators like BTC Yield and BTC Gain. BTC Yield reflects the percentage growth of Bitcoin held per fully diluted share over each quarter. The firm reported a BTC Yield of 47.8% from April 1 to May 19, 2025.
*Metaplanet Acquires Additional 1,004 $BTC* pic.twitter.com/r86rLc7ngh
— Metaplanet Inc. (@Metaplanet_JP) May 19, 2025
Earlier, Metaplanet recorded a BTC Yield of 95.6% in Q1 2025 and 309.8% in Q4 2024. These gains help evaluate the growth in Bitcoin holdings independent of share dilution. Moreover, BTC ¥ Gain converts these results into local currency to show clearer financial impact for shareholders.
Metaplanet has used these metrics to show the effectiveness of its Bitcoin strategy. BTC Gain helps isolate real growth, while BTC ¥ Gain translates that into yen terms. This system supports transparency and aligns with U.S.-style capital market disclosures.
Capital Markets Activity Expands with New Share Issuance
To support its Bitcoin purchases, Metaplanet completed several capital market moves. On May 13, the firm issued $15 million in zero-coupon bonds to EVO FUND, maturing in November 2025. The proceeds funded early redemptions of prior bond series.
Additionally, the company completed early repayments for $25 million and $21.25 million bonds issued earlier in May. These redemptions were financed through exercised stock acquisition rights. The moves ensured that the firm maintained balance sheet flexibility while expanding its crypto reserves.
Between May 1 and May 16, the firm issued over 94 million new shares through exercised acquisition rights. The total number of issued shares stood at 593.2 million as of May 16. This expansion allowed the company to keep up with its aggressive Bitcoin treasury strategy.
Yasmin is a crypto content analyst and writer with over 2 years of experience. She has a strong understanding of the crypto market and blockchain technologies. As an avid trader who stays updated on the latest trends and news, Yasmin delivers insightful and informative content.
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