EddieJayonCrypto
4 Mar 25
Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million, bringing its total holdings to 2,391 BTC. The company reported a 31.8% bitcoin yield for Q1 2025. Metaplanet is also evaluating a potential listing outside of Japan and aims to accumulate 10,000 BTC by the end o...
Metaplanet has acquired an additional 156 Bitcoin (BTC) for approximately $13.4 million, bringing its total holdings to 2,391 BTC. The company reported a 31.8% bitcoin yield for Q1 2025. Metaplanet is also evaluating a potential listing outside of Japan and aims to accumulate 10,000 BTC by the end of 2025 and 21,000 by the end of 2026. Additionally, the company issued $13.6 million in zero-interest bonds to fund its bitcoin acquisitions and is exploring ways to make its shares more accessible to investors worldwide. Metaplanet shares have been trading on OTC Markets and have seen significant growth in the last 12 months.
CEO Simon Gerovich announced that the BTC was purchased at an average price of about $85,890 per BTC. The latest buy brings its total holdings to 2,391 BTC. Metaplanet aims to accumulate 10,000 BTC by the end of 2025 and 21,000 by the end of 2026. The company’s "Bitcoin Plan" outlines these objectives. Metaplanet also issued $13.6 million in zero-interest bonds to fund its bitcoin acquisitions and is exploring international listing options. This development follows Gerovich’s meeting with officials at the New York Stock Exchange, where he emphasized the company's commitment to long-term value creation and financial innovation.
Shares of Metaplanet have been trading on OTC Markets and the Tokyo Stock Exchange, with the stock surging by over 1,800% in the last 12 months. The company is exploring ways to make its shares more accessible to investors worldwide.