Japan's Metaplanet recently purchased 150 BTC, bringing its total Bitcoin retention to 3,200 BTC. The purchase follows the regular 2 billion yen bond issue to the EVO fund.
In a recent company's notice, the Japanese investment company recently declared that it had purchased 150 BTC (BTC) at an average price of 12.5 million yen ($83,611) per Bitcoin. The company said the Bitcoin acquisition is part of an ongoing effort to further expand its Bitcoin financing operations.
At the time of pressing, the company's Bitcoin investment totaled 3,200 BTC. This amounts to more than $266 million at current market prices.
Bitcoin has immersed itself in just 0.24% in the last 24 hours of trading, according to data from crypto.news. BTC is currently trading hands for $83,323. The largest cryptocurrency by market capitalization has increased by 3.5% over the past week. Nevertheless, BTC has declined 14% over the past month, reflecting a downward trend in monthly performance.
According to the notification, Metaplanet's BTC yield, which measures the amount of Bitcoin per share, rose 309.8% in the fourth quarter of 2024. Meanwhile, in the first quarter of 2025, Metaplanet rose from 53.2% to 60.8% until March 18th.
Today, Metaplanet issued a regular bond of 2 billion yen to the EVO fund, marking the ninth issue of regular bonds from all Japanese companies. According to the filing, the company aims to use the funds generated by bond issuance to buy more Bitcoin. According to Google Finance, despite the issue, Metaplanet shares fell 0.5% to a price of 4,030 yen.
Since April 2024, Metaplanet has gradually acquired more BTC after launching its own Bitcoin finance business. Often referred to as “Asian Strategy (formerly micro-strategic)” Japanese companies have gradually grown their Bitcoin holdings. Since starting Bitcoin purchases in April 2024, Metaplanet's stock price has risen by more than 3,000%.
