Tokyo-based Metaplanet successfully acquired 696 Bitcoin in the first quarter of 2025 through its innovative Bitcoin Income Generation strategy.
Details of BTC Acquisition Program
Metaplanet's Bitcoin Income Generation Program aims to increase assets through Bitcoin option sales. According to an April 1 filing, the program generated approximately $5.15 million (770.35 million yen) in operating revenue for Q1 2025. The total cash collateral of 9.386 billion yen resulted in gaining over 50.26 BTC in option premiums and an additional 645.74 BTC when specific options were exercised.
Financial Results and Company Strategy
The company emphasizes that this business is designed to leverage Bitcoin volatility, supporting its broader capital plans separately from its long-term reserves. Metaplanet achieved 25.7% of its 3 billion yen full-year revenue target for this business in the first quarter. Future deployments of capital will be determined at the discretion of management. Following the announcement, Metaplanet's stock rose by 2%, as reported by Google Finance.
Leadership Expansion and Company Plans
Metaplanet is not only strengthening its financial strategies but also expanding its leadership by establishing a new advisory board, with Eric Trump as the first member. His expertise in real estate and finance aims to support Metaplanet's goal of becoming a leading Bitcoin Treasury Company. CEO Simon Gerovich noted that the board will consist of influential figures advocating for Bitcoin adoption.
In Q1 2025, Metaplanet continued its proactive approach with revenue generating strategies and leadership expansion to reinforce its position in the cryptocurrency market.