Japan's Metaplanet Goes Big on Bitcoin, Snags Another 160 BTC

Total Holdings Skyrocket to 4,206 BTC

Hold onto your hats, crypto fans! Japan's Metaplanet isn't messing around—they just scooped up another 160 Bitcoin, pushing their stash to a whopping 4,206 BTC. That's right, they're doubling down on the king of crypto!

Breaking Down the Numbers

Get this: according to their April 2 statement, Metaplanet snagged these latest coins at an average price of 12.49 million yen, or about $80,063 each. That's a cool 1.998 billion yen, or $13.39 million, spent in one go. And guess what? This isn't just a one-time thing. It's all part of their master plan to beef up their Bitcoin treasury, and it's seriously paying off for their expansion.

Q1 2025: A Wild Ride

But wait, there's more! Through some slick moves with cash-secured Bitcoin put options, Metaplanet racked up 696 BTC in the first quarter of 2025 alone. They pulled in 50 BTC from premiums and a hefty 645.74 BTC from option exercises. The total tab? A staggering ¥10.152 billion, or $91.7 million. And they're not stopping there—they're out there hustling to raise even more cash from investors to keep the Bitcoin party going.

Big Bucks and Big Gains

On March 31, they pulled off a major coup, raising 2 billion yen, or $13.22 million, through their 10th Series of Ordinary Bonds. Every single yen of that is going straight into buying more Bitcoin. And since they went all-in on Bitcoin, their stock has skyrocketed over 3,000%. Investors are loving it!

Aiming High

Metaplanet's not just playing around—they're aiming to rake in ¥3.0 billion, or about $27.5 million, from their Bitcoin program this year. That's a big chunk of their total revenue target of ¥3.4 billion, or $31.3 million, for the whole year. They're on fire!

Measuring Success

How do they know they're winning? They're keeping a close eye on their BTC Yield, which shows how much their Bitcoin stash is growing compared to their fully diluted shares. It shot up to 309% in Q4 2024 and hit 95% in Q1 2025. That's some serious growth!

The Ultimate Goal

But Metaplanet's not done yet. They've got their sights set on holding a massive 21,000 BTC by 2026. And they're not stopping at 10,000 BTC by the end of 2025. If they pull it off, they'll be the biggest corporate Bitcoin holder in all of Asia. Buckle up, folks—Metaplanet is on a mission!