Metaplanet Expands Bitcoin Holdings with Strategic $28.2 Million Purchase of 330 BTC

In a bold move underscoring its commitment to cryptocurrency investments, Metaplanet has acquired an additional 330 Bitcoin (BTC) for $28.2 million. This strategic purchase highlights the company’s confidence in Bitcoin’s long-term value proposition and aligns with its broader digital asset accumulation strategy. The transaction, executed at an average price of approximately $85,454 per BTC, further solidifies Metaplanet’s position as a significant institutional holder in the crypto space. Market analysts view this acquisition as a bullish signal, reflecting growing institutional adoption despite ongoing macroeconomic uncertainties.

Metaplanet Expands Bitcoin Push With Bond Issuance and Strategic Hire

Late last month, as part of this effort, Metaplanet announced it had issued $13.3m in zero-interest ordinary bonds. The proceeds, it said, would be used exclusively to purchase additional Bitcoin.

In a related move, the Tokyo-based Bitcoin-stacking company also announced the formation of a Strategic Board of Advisors. Eric Trump, the second son of US President Donald Trump, has been named its first member. A longtime crypto advocate, Trump has recently warned Wall Street to adapt to digital assets or risk becoming irrelevant.

Metaplanet did not say whether the latest Bitcoin purchase was funded directly from the recent bond issuance. Earlier filings, however, show the company has raised significant capital this year. It has done so through multiple financing rounds. A large portion of those funds has been used to accelerate Bitcoin acquisitions.

Metaplanet Reports 95.6% BTC Yield in Q1, Eyes Long-Term Growth

Metaplanet uses a custom metric called BTC Yield to assess the performance of its strategy. This measures the growth of Bitcoin per fully diluted share. The firm reported a 95.6% BTC Yield for the first quarter of 2025. So far in April, the yield stands at 12.1%.

The company’s average purchase price across its Bitcoin holdings is about $89,941 per coin. Its total investment amounts to around $436.6m. Despite Bitcoin’s volatility, Metaplanet says it is focused on long-term accretive growth for shareholders rather than short-term gains.