Tokyo-listed Bitcoin treasury firm Metaplanet has reported a 108.3% Bitcoin yield for 2025 due to its aggressive accumulation strategy. This reflects significant growth in the company's reserves.
Company's Bitcoin Accumulation Strategy
As of now, the company holds 4,525 Bitcoins, worth approximately $386.3 million. The latest acquisition of 319 BTC was made at an average price of ¥11.85 million per Bitcoin, totaling ¥3.78 billion or $26.3 million. Recently, the company also acquired 160 Bitcoins valued at around $13.4 million.
Financing and Bond Redemptions
To support its acquisition strategy, Metaplanet has raised capital through share issuances and debt instruments. Under its '210 Million Plan,' the firm has issued 21 million shares in five tranches since January. The latest exercises included rights on 8.6 million and 4.2 million shares from its 14th and 17th series, raising over ¥35 billion to date. Additionally, proceeds from stock rights exercises were used for early repayments of bonds, including the redemption of its 9th Series, a ¥2 billion bond initially maturing in September 2025.
Metaplanet in the Cryptocurrency Market
Currently, Metaplanet is the largest corporate Bitcoin holder in Asia. While the U.S.-based firm Strategy remains the top holder globally with 528,185 BTC, it recently indicated potential needs to sell some of its holdings due to funding concerns.
Metaplanet continues to demonstrate strong growth in its Bitcoin reserves and is taking steps to further solidify its position in the cryptocurrency market.