Japan's Metaplanet recently increased its Bitcoin reserves to 4,206 BTC by acquiring 160 BTC at an average price of $80,063.
Latest Purchase
In an April 2 announcement, Metaplanet revealed it had acquired 160 BTC at an average price of 12.49 million yen (approximately $80,063 per BTC), amounting to a total of 1.998 billion yen ($13.39 million). This purchase is part of the company’s strategy to expand its Bitcoin reserves.
Increase in Q1 2025
Metaplanet disclosed it acquired 696 BTC in Q1 2025 through the sale of cash-secured Bitcoin put options. Of this total, 50 BTC came from premiums, while 645.74 BTC resulted from option exercises. The company invested ¥10.152 billion ($91.7 million) in these acquisitions, highlighting its commitment to increasing its Bitcoin exposure.
Financial Strategy and Metrics
To support its aggressive accumulation strategy, Metaplanet continues to raise capital from investors. On March 31, the company successfully secured 2 billion yen ($13.22 million) through its 10th Series of Ordinary Bonds, allocating the entire amount for additional Bitcoin acquisitions. This shift toward a Bitcoin-focused strategy has significantly impacted Metaplanet’s market performance, with its stock soaring over 3,000%, demonstrating strong investor confidence.
Metaplanet continues to actively expand its Bitcoin reserves and confidently pursues ambitious targets, aiming for total revenue of ¥3.4 billion ($31.3 million) this year.
