Metaplanet Acquires Additional 330 Bitcoin for $28.2 Million
Metaplanet, a Japanese investment firm, has acquired an additional 330 Bitcoin for approximately $28.2 million, raising its total holdings to 4,855 BTC. CEO Simon Gerovich announced this on X, noting the firm purchased the Bitcoin at an average price of $85,605 each.
- Metaplanet's total BTC acquisition cost is around $414.5 million.
- The firm raised $13.3 million via bonds for this purchase.
- Metaplanet ranks as the tenth-largest public BTC holder globally and the largest in Asia.
- This marks the firm's third Bitcoin purchase in April 2025, despite market volatility.
- Metaplanet achieved a BTC Yield of 119.3% YTD 2025, indicating effective strategy performance.
- The goal is to reach 21,000 BTC by 2026 amid increasing demand in Japan.
- Other Japanese firms, such as Remixpoint, are also accumulating Bitcoin as a hedge against currency depreciation.
Bitcoin has recently outperformed U.S. equities, with its realized volatility lower than that of the S&P 500 and Nasdaq 100, further driving corporate interest in Bitcoin as a strategic asset.