Metaplanet Acquires 156 BTC, Bringing Total Holdings to 2,391

Metaplanet has acquired a further 156 Bitcoin (BTC) for about $13.4 million.

The Japanese funding agency can also be exploring a possible itemizing exterior of Japan.

Particulars From the Newest Purchase

CEO Simon Gerovich announced on X that the BTC was bought at a median value of about $85,890 per BTC. The most recent purchase brings its whole holdings to 2,391 BTC. The corporate reported a bitcoin yield of 31.8% for Q1 2025, following a 310% yield in This autumn 2024.

Final week, Metaplanet disclosed the acquisition of 135 BTC, following earlier acquisitions of 68 BTC and 269 BTC in February. In response to its “Bitcoin Plan,” shared on January 28, Metaplanet goals to build up 10,000 BTCC by the tip of 2025 and 21,000 by the tip of 2026.

The most recent buy follows the corporate’s announcement of a $13.6 million issuance in zero-interest bonds to fund its bitcoin dream. On February 27, Metaplanet issued 40 bizarre bonds, every with a face worth of fifty million yen, totaling 2 billion yen.

These bonds carry no curiosity and will likely be redeemable in full on August 26, 2025. The proceeds from this initiative will likely be allotted to Evo Fund, Metaplanet’s Bitcoin acquisition fund.

Metaplanet Evaluates Worldwide Itemizing Choices

The event comes after Gerovich met with officers on the New York Inventory Change (NYSE) final week.

“Metaplanet is an organization of the long run constructed on the Bitcoin commonplace and continues to develop steadily on daily basis,” he wrote in a March 3 post on X.

The manager additionally revealed that the outfit is evaluating methods to make its shares extra accessible to buyers worldwide. He emphasised that the Tokyo-listed agency goals to reveal that Japanese firms might be on the forefront of economic innovation and long-term worth creation.

Metaplanet (MTPLF) shares have been buying and selling on OTC Markets since November 2024. OTC Markets is a U.S.-based monetary market that gives value and liquidity data for about 12,400 over-the-counter securities, together with these of worldwide firms.

In the meantime, the shares have been one of many top-performing shares on the Tokyo Inventory Change during the last 12 months. In response to Google Finance data, MTPLF inventory has surged by over 1,800% throughout this era.