Metaplanet has added 135 Bitcoins to its finances, strengthening its position as one of Japan's most active corporate Bitcoin investors.
On February 25, the company announced its purchase of 1.939 billion yen ($12.8 million), bringing its total Bitcoin (BTC) holdings to 2,235 btc, reaching 12.44 million yen ($82,000) per Bitcoin. I got 2,235 btc for the price.
Like its strategy to own the largest company Bitcoin Treasury (previously the micro-strategy), Metaplanet has gradually grown its holdings since it began operating the Bitcoin Treasury.
The company's BTC yield, which measures the amount of Bitcoin per share, rose 309.8% in the fourth quarter of 2024. However, it fell to 23.2% in early 2025 as Metaplanet increased its stock numbers.
Metaplanet continues to capitalize on capital market activities to fund Bitcoin purchases. In January, Metaplanet provided 21 million shares of acquisition rights to an EVO fund managed by Evolution Capital Management, and in February it provided early bond redemption of 4 billion yen ($26.5 million).
Since starting Bitcoin purchases in April 2024, Metaplanet's stock price has risen by more than 3,000%, making it the best in Japan. On February 18, the company announced a 10-1 stock split, which will take effect on April 1, making the stock more accessible.
The initiative comes after a previous reverse stock split in August 2024, followed by combining 10 shares into one. With the stock price exceeding 6,000 yen per share, the company is splitting its shares again to increase liquidity and attracting new investors.
Metaplanet's strategy may provide templates to other companies considering incorporating Bitcoin into their balance sheets, given Japan's progressive views on cryptocurrencies.
