Metaplanet, generally known as Japan’s main Bitcoin treasury firm, has introduced the acquisition of 1,004 Bitcoin for roughly $104.3 million, at a mean worth of round $103,873 per BTC. This newest buy brings the corporate’s whole Bitcoin holdings to 7,800 BTC.
Metaplanet began accumulating Bitcoin in April 2024 with about 98 BTC, costing round 1 billion yen. By the tip of 2024, they’d elevated their holdings to almost 1,762 BTC with a price foundation of about 20.9 billion yen. After formally launching their Bitcoin Treasury Operations on December 18, 2024, the corporate quickly expanded their Bitcoin holdings, reaching 7,800 BTC by Might 19, 2025. This development was funded by capital market actions and working revenue, growing their whole price foundation to over 105 billion yen.
BTC holdings have exploded, up 3.9x year-to-date with over 5,000 BTC added in 2025 alone. Since switching to a Bitcoin-focused technique, Metaplanet has seen its BTC web asset worth develop by 103.1x and its market cap by 138.1x.
Over the previous 30 days alone, Metaplanet has added 3,275 BTC, aggressively increasing its Bitcoin treasury amid a 189.1% year-to-date yield on Bitcoin. Metaplanet’s Bitcoin technique has delivered important returns for shareholders, with BTC Yield reaching 47.8% quarter-to-date. Since July 2024, the agency has reported quarterly BTC Yields of 41.7%, 309.8%, 95.6%, and 47.8%, driving robust Bitcoin-based efficiency even amid capital market actions and dilution from share issuances.
Metaplanet additionally posted its finest quarter but. In Q1 FY2025, income hit ¥877 million (up 8% quarter-over-quarter), and working revenue hit a file ¥593 million (up 11%). Total belongings jumped 81% to ¥55.0 billion, and web belongings surged 197% to ¥50.4 billion.
Regardless that Bitcoin’s worth dip on the finish of March prompted a ¥7.4 billion valuation loss, the corporate bounced again quick. As of Might 12, it reported ¥13.5 billion in unrealized beneficial properties because of the market rebound. Web revenue for the quarter got here in at ¥5.0 billion, and core operations stayed robust.
“Guided by this conviction, we pivoted in 2024 to become Japan’s first dedicated Bitcoin Treasury Company,” mentioned Metaplanet’s administration in its Q1 earnings presentation. “In Q1 2025, we launched—and have already executed 87% of—a two-year, ¥116 billion “moving-strike” warrant program: the most important and lowest-cost fairness financing of its variety ever positioned in Japan.”