Japanese MicroStrategy Metaplanet Acquires More Bitcoin, Stock Price Set to Reach New Highs Alongside BTC
Metaplanet Announces Purchase of 1,004 Bitcoins, Total Holdings Reach 7,800 Bitcoins
Japanese MicroStrategy Metaplanet has announced the purchase of an additional 1,004 bitcoins, bringing its total holdings to 7,800 bitcoins. This morning, as bitcoin surged to 107K, the stock price peaked at 717 yen following the announcement of the bitcoin purchase, just a step away from the high of 721 yen reached in February.
Metaplanet Purchases 1,004 Bitcoins, Total Holdings Reach 7,800 BTC
Japanese MicroStrategy Metaplanet has announced the purchase of an additional 1,004 bitcoins at an average price of 15,134,304 yen per coin, totaling an expenditure of 1.5195 billion yen. Currently, the company holds a total of 7,800 bitcoins, with a cumulative purchase cost of 10.5384 billion yen, resulting in an average purchase price of 13,510,831 yen per coin. Based on the current USD/JPY exchange rate of 145, the average cost is approximately 93,178 USD per bitcoin.
Furthermore, the announcement highlighted BTC Yield as a key performance indicator (KPI) used to measure changes in bitcoin holdings relative to fully diluted shares. Recent BTC Yield data is as follows:
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January 1 to March 31, 2025: 95.6%
April 1 to May 19, 2025: 47.8%
In previous financial reports, Metaplanet mentioned its goal to reach a purchase target of 10,000 bitcoins by the end of this year, with a target of 21,000 bitcoins by 2026.
Japan’s Largest Bitcoin Reserve Company, Stock Price Poised for New High
Metaplanet is the publicly listed company in Asia with the largest bitcoin holdings, actively expanding its bitcoin reserves through capital markets. This strategy has garnered significant attention in the Japanese market, leading to its inclusion in various global and local ETFs.
The number of shareholders has grown by 500% over the past year, currently reaching 64,000 shareholders. Benefiting from Japan’s tax system and the convenience for retail and institutional investors to purchase, its mNAV (Market NAV based on current stock price versus the value of its bitcoin holdings) has remained high over the long term. Additionally, the stock price has increased by 18.4 times over the past year.
This morning, as bitcoin surged to 107K, and following the announcement of Metaplanet’s bitcoin purchase, the stock price peaked at 717 yen, just a step away from the February high of 721 yen.
Risk Warning
Investing in cryptocurrencies carries a high level of risk, and prices may be highly volatile, potentially resulting in the loss of your entire principal. Please carefully assess the risks.
