Metaplanet Skyrockets 391% After Bitcoin Treasury Hits $1B – The New Corporate Moon Mission
Another day, another traditional firm riding Bitcoin’s coattails to redemption. Metaplanet’s stock just pulled off a 391% moonshot—turns out swapping yen for satoshis was their best CFO hire ever.
From Zero to Crypto Hero
The Tokyo-based firm’s balance sheet now holds over $1 billion in Bitcoin, making it the latest ‘old economy’ player to bet the farm on digital gold. Who needs revenue growth when you’ve got HODL?
Wall Street Meets Nakamoto
Analysts are scrambling to update models that suddenly need ‘BTC price’ as an input variable. Meanwhile, short sellers got liquidated harder than a leveraged crypto trader in 2022.
One hedge fund manager muttered: ‘We used to value companies on cash flows. Now we’re grading them on diamond-handedness.’
TLDR
- Metaplanet purchased 1,111 Bitcoin for $118 million, bringing total holdings to 11,111 BTC worth $1.12 billion
- The Tokyo-based company paid an average of $106,408 per Bitcoin in the latest acquisition
- Year-to-date Bitcoin yield has reached 306.7% while company stock is up 391% in 2025
- Metaplanet targets 30,000 BTC by end of 2025 and 210,000 BTC by 2027
- Company funded purchases through $210 million in bonds and stock warrants
Tokyo-based Metaplanet has expanded its Bitcoin treasury with the purchase of 1,111 BTC for $118 million. The acquisition brings the company’s total holdings to exactly 11,111 Bitcoin, valued at more than $1.12 billion at current prices.
The latest purchase was made at an average price of $106,408 per bitcoin during recent market volatility. Metaplanet disclosed the acquisition in a June 23 filing, showing a total spend of 17.26 billion yen, approximately $108 million according to one report.
This purchase comes just one week after the company surpassed its original 2025 target of 10,000 Bitcoin. The rapid accumulation reflects Metaplanet’s accelerated buying strategy as it pursues much larger goals.
Metaplanet’s average entry price across all holdings stands at $95,869 per Bitcoin. With Bitcoin trading above $101,000, the company’s position shows substantial gains from its treasury strategy.
The company now ranks among the top eight corporate Bitcoin holders globally. This places Metaplanet ahead of firms like Hut 8 and Coinbase in terms of total Bitcoin owned.
Year-to-date, Metaplanet has achieved a Bitcoin yield of 306.7%. This metric measures Bitcoin growth relative to the company’s shares, isolating the impact of Bitcoin accumulation.
In the current quarter alone, the company reported a Bitcoin yield of over 107%. This represents an increase from 95.6% in the first quarter of 2025.
Ambitious Growth Targets Drive Strategy
Metaplanet has set increasingly ambitious targets for Bitcoin accumulation. The company now aims for 30,000 Bitcoin by the end of 2025, up from its original goal of 10,000.
By 2026, Metaplanet targets 100,000 Bitcoin in its treasury. The ultimate goal is 210,000 Bitcoin by 2027, representing 1% of Bitcoin’s total supply.
CEO Simon Gerovich has positioned Bitcoin as a Core strategic asset. He views Metaplanet as a tax-advantaged vehicle for Japanese investors to gain Bitcoin exposure.
Metaplanet has acquired 1,111 BTC for ~$118.2 million at ~$106,408 per bitcoin and has achieved BTC Yield of 306.7% YTD 2025. As of 6/23/2025, we hold 11,111 $BTC acquired for ~$1.07 billion at ~$95,869 per bitcoin. $MTPLF pic.twitter.com/1vUdTc0Mti
— Simon Gerovich (@gerovich) June 23, 2025
The company has funded its Bitcoin purchases primarily through debt instruments. Metaplanet recently issued $210 million in ordinary bonds specifically for Bitcoin acquisitions.
The firm also completed a 558.7 million yen stock allotment to EVO FUND through new stock acquisition rights. These financing methods support the “Accelerated 2025-2027 Bitcoin Plan.”
Market Performance and Valuation Concerns
Metaplanet’s stock performance has been extraordinary this year. Shares are up nearly 391% in 2025, according to Yahoo Finance data.
Over the past year, the stock has gained more than 1,600%. This performance has outpaced many other Bitcoin-focused companies in the market.
However, the stock fell over 3% on Monday to 1,716 yen due to profit-taking. The decline came as investors locked in gains from the recent rally.
The company’s current valuation implies a Bitcoin price of $596,000 to $759,000 per coin. This means investors are paying a steep premium over market value for exposure to Bitcoin through Metaplanet shares.
Some analysts have raised concerns about the growing number of “Saylor copycats” in the market. More than 220 publicly traded companies now hold Bitcoin in their treasuries.
Coinbase recently warned about potential systemic risks from aggressive capital raises to purchase Bitcoin. The report called the trend an “attack of the clones” that could pressure both markets and investor confidence.
Metaplanet made its latest Bitcoin purchase during a market dip caused by geopolitical tensions. The company used the temporary price weakness as a buying opportunity, demonstrating its commitment to the long-term strategy.
