tl;dr
Japanese firm Metaplanet's stock price rose to three-month highs after acquiring 1,004 Bitcoin (BTC), marking its third major purchase this month. The latest purchase cost about $104.3 million, with an average BTC price of $103,873. The company funds these purchases through zero-coupon bonds, issuin...
Japanese firm Metaplanet’s stock surged to three-month highs after acquiring 1,004 Bitcoin (BTC), marking its third major BTC purchase this month. This recent acquisition cost approximately $104.3 million, with an average Bitcoin purchase price of $103,873. Metaplanet funds these purchases by issuing zero-coupon bonds, having raised $64.7 million through such bonds in May 2025.
The company now holds a total of 7,800 BTC valued around $712.5 million, with an average historical purchase price of about $91,343 per coin. Following the announcement, Metaplanet’s stock price rose by 12.6%, reaching levels not seen since February. Over the past month alone, the stock value has more than doubled, surging 101.7%, and since adopting its Bitcoin reserve strategy, the stock has increased over 15-fold.
Bitcoin-related operations play a pivotal role in Metaplanet's financials. In Q1 FY2025, the firm reported revenues of $6 million, of which 88% came from Bitcoin options trading, underscoring BTC’s central importance in its business model and overall financial success.
Metaplanet’s strategy includes steadily increasing its Bitcoin holdings, with prior purchases this month including 1,241 BTC earlier and 555 BTC in early May. The company has achieved impressive Bitcoin Yield results recently, such as 41.7% from July to September 2024, 309.8% from October to December 2024, and 95.6% from January to March 2025, demonstrating strong returns on its BTC investments.
By integrating Bitcoin deeply into its economic strategy and funding through zero-coupon bond issuances, Metaplanet is setting a notable example of corporate crypto adoption and leveraging the cryptocurrency’s rally for substantial stock price appreciation and revenue growth.