Metaplanet Acquires 1,088 Bitcoin, Total Holdings Reach 8,888 BTC
Metaplanet has acquired an additional 1,088 BTC, increasing its total holdings to 8,888 BTC. This purchase positions the firm among the top ten Bitcoin holders, surpassing Jack Dorsey’s Block, Inc.
- The company achieved a 225% BTC yield since the start of the year.
- It aims for a total of 10,000 BTC by year-end, having started with under 2,000 BTC.
- Recently raised $70 million through bond issuance to fund Bitcoin purchases.
- Metaplanet's stock rose to over 1,110 JPY, gaining 155% in the last month amid Japanese market instability.
- Q2 2025 BTC yield reached 66.3%, with a year-to-date yield of 225%.
- The adjusted mNAV is 4.75, indicating strong treasury management.
- Company’s BTC rating now at 11.11x, viewed positively against peers like Microstrategy.
CEO Simon Gerovich emphasized their commitment to Bitcoin beyond traditional hedging strategies.