Metaplanet Japan boosts Bitcoin reserves by 150 units, now holding 3,350 BTC

Metaplanet has expanded its treasury with an additional 150 BTC, purchased at an average price of ¥12.57 million ($80,000) per BTC, amounting to a total of ¥1.886 billion ($12.1 million).

As per Metaplanet's Mar. 24 official announcement, this acquisition brings its total Bitcoin (BTC) holdings to 3,350 BTC, acquired at an overall expense of ¥42.22 billion ($270 million), averaging ¥12.60 million ($80,200) per BTC. Since declaring Bitcoin as a significant aspect of its operations, Metaplanet has rapidly increased its holdings, becoming the largest corporate Bitcoin holder in Asia.

The company has utilized stock acquisition rights through EVO FUND and zero-coupon bonds to fund its purchases. In March alone, Metaplanet redeemed ¥2 billion ($12.8 million) in bonds ahead of schedule and raised another ¥2 billion ($12.8 million) through a new bond issuance. This approach has enabled the company to keep buying Bitcoin without incurring interest-bearing debt.

A crucial measurement used by the company to track its Bitcoin strategy is BTC Yield, which computes the percentage growth in BTC holdings relative to fully diluted shares.

Following a 309.8% rise in Q4 2024, the Bitcoin Yield has so far achieved 68.3% for the first quarter of 2025. Moreover, since starting to accumulate Bitcoin in April 2024, Metaplanet's stock price has surged by over 3,000%, signaling strong investor confidence.

In related news, on Mar. 21, Metaplanet revealed the formation of a new advisory board, with Eric Trump joining as its inaugural member. Trump, who has experience in real estate and finance, is anticipated to provide business acumen to the company's goal of becoming a prominent Bitcoin Treasury Company.

Metaplanet's CEO, Simon Gerovich, pointed out that the advisory board will encompass influential figures, speakers, and thought leaders dedicated to promoting Bitcoin adoption. While the company did not reveal specifics on Trump's role, it characterized his appointment as part of a wider initiative to attract superior advisory talent.