Metaplanet Acquires 1,088 More Bitcoin, Bringing Total Holdings To 8,888 BTC

The company continues to report gains under its BTC Yield metric, a proprietary KPI that measures Bitcoin accumulation per share. Quarter-to-date (QTD), as of June 2, 2025, Metaplanets BTC Yield stands at 66.3%, following previous QTD yields of 95.6%, 309.8%, and 41.7% over the last three quarters. Total BTC Gain for Q2 2025 is 2,684 BTC, translating to a ¥40.54 billion gain based on a reference Bitcoin price of ¥15.10 million.

Metaplanets capital markets activity has been tightly aligned with its Bitcoin accumulation strategy. Since January 28, 2025, the company executed a series of zero-coupon, non-interest-bearing bond issuances and 0% discount stock acquisition rights to EVO FUND, raising over ¥35 billion and USD 121 million. These funds were used for Bitcoin purchases and bond redemptions.

In Q1 FY2025, Metaplanet reported its strongest financial results yet. Revenue increased 8% quarter-over-quarter to ¥877 million, while operating profit rose 11% to ¥593 million. Net income surged to ¥5.0 billion, complemented by unrealized gains of ¥13.5 billion from its Bitcoin holdings, further strengthening the companys balance sheet.

Although Bitcoin prices dipped briefly at the end of March, causing a ¥7.4 billion valuation loss, Metaplanet swiftly recovered as BTC surged to new record levels. This strong connection with Bitcoins performance has led many investors to use Metaplanet as an investment vehicle to get Bitcoin exposure on the Tokyo Stock Exchange.

At the same time, Strategy acquired another 705 Bitcoin for about $75 million, further expanding its position as the largest corporate holder of Bitcoin as more public companies continue to adopt Bitcoin treasury strategies.

According to their SEC filing on June 2, they bought Bitcoin at an average price of $106,495 each between May 26 and June 1, bringing their total holdings to 580,955 BTC. The acquisition was funded by selling some of their preferred shares through an at-the-market (ATM) equity offering.