Metaplanet Increases Bitcoin Holdings by 518 Units, Valued at approximately $1.85 Billion
Metaplanet, a Japanese company, has bolstered its Bitcoin reserves with a significant purchase of 518 BTC for approximately $61.4 million. The latest transaction was announced by Metaplanet's CEO, Simon Gerovich, in an August 12 X post.
This acquisition is part of Metaplanet's strategic approach to aggressively accumulate Bitcoin as a long-term store of value and inflation hedge. The company aims to hold 1% of Bitcoin's total supply by 2027, with an updated goal of acquiring 30,000 BTC in the near term.
Metaplanet finances this ambitious plan primarily through equity financing, including substantial stock offerings. For instance, the company plans to raise $3.7 billion through stock issuance specifically to fund further Bitcoin purchases.
The company's Bitcoin holdings now stand at 18,888 BTC, following a recent purchase of 775 BTC valued at approximately ¥13.733 billion (~$89 million). The total value of these Bitcoin holdings is approximately $1.85 billion.
The company's Bitcoin assets are valued around $2.18 billion, vastly exceeding its outstanding debt by about 18 times, demonstrating a low debt-to-Bitcoin ratio. Since April 2024, Metaplanet has allocated approximately $1.94 billion for Bitcoin-related initiatives.
This strategy has paid off, with Metaplanet reporting a Bitcoin yield of 29.3% in the latest quarter. The company's year-to-date performance has increased to 468.1% due to the Bitcoin yield.
Metaplanet's aggressive Bitcoin accumulation strategy has garnered strong investor confidence, as evidenced by a 190% year-to-date surge in Metaplanet's stock price and a 350% increase in shareholders to over 180,000 since late 2024.
Despite the risks associated with Bitcoin price volatility, equity dilution from ongoing share issuances, and liquidity challenges, Metaplanet's approach mirrors MicroStrategy’s corporate treasury model, emphasizing regulated Bitcoin exposure within Japan's public markets.
Metaplanet currently ranks 6th globally among corporate Bitcoin holders. The company has adopted various unconventional financing tools, including zero-interest convertible bonds, moving-strike warrants, and perpetual preferred stock issuances, to maintain financing flexibility while maintaining high per-share Bitcoin exposure.
In July alone, Metaplanet acquired a total of 4245 BTC across four transactions. The company plans to increase its authorized share count to 2.72 billion and introduce two classes of perpetual preferred shares. Metaplanet filed for a shelf registration to raise up to $3.74 billion through perpetual preferred shares.
However, it's worth noting that Metaplanet's stock has fallen 37% over the past month. On August 12, the Japanese Bitcoin Treasury's stock dipped by 2.1%.
[1] Metaplanet Press Release, August 12, 2025. [2] Metaplanet Quarterly Report, Q2 2025. [3] Metaplanet Investor Presentation, Q2 2025. [4] Metaplanet Annual Report, 2024. [5] Metaplanet Risk Factors, Q2 2025.
- Metaplanet's Bitcoin reserves have grown with the recent purchase of 518 BTC, bolstering its position as a significant holder of the digital currency.
- In its strategic plan to acquire 30,000 BTC, Metaplanet primarily relies on equity financing, including substantial stock offerings, to fund its Bitcoin investments.
- The technology-driven approach to finance and investing, leveraging blockchain and crypto assets like Bitcoin, has demonstrated success for Metaplanet, with a reported Bitcoin yield of 29.3% in the latest quarter.
