Japan’s Metaplanet buys 555 BTC, Bitcoin holdings now exceed $536M

Japanese investment firm Metaplanet has added more Bitcoin to its stash with a fresh investment that pushed its total Bitcoin holdings over 5000 BTC. According to a May 7 X post by CEO Simon Gerovich, the Tokyo-headquartered company spent around $53.4 million to buy 555 Bitcoin at an average price of $96,134 per coin. This latest move takes Metaplanet’s total Bitcoin stash to 5,555 BTC, which is currently valued at over $536 million and further cements its position as the 11th largest corporate holder of the bellwether cryptocurrency. Metaplanet’s key performance metric, BTC Yield, has continued to show strong returns. Year-to-date, the company has reported a BTC Yield of 136.7%. BTC Yield tracks how Metaplanet’s Bitcoin holdings have performed in relation to its share base, essentially measuring the company’s capital efficiency. Based on past disclosures, the metric clocked in at a whopping 309.8% in Q4 2024 and cooled slightly to 95.6% in Q1 2025. With the latest addition, Metaplanet’s average purchase price across its entire holdings now stands at $86,672 per Bitcoin. How does Metaplanet buy Bitcoin? To fund its aggressive Bitcoin accumulation, Metaplanet has leaned heavily on a mix of bond issuances and stock acquisition rights. Instead of relying on traditional revenue streams or selling equity, the firm has consistently tapped capital markets through debt instruments, a strategy that mirrors the approach taken by US-based Bitcoin heavyweight Strategy , formerly MicroStrategy. On May 2, the company issued another $25 million in zero-coupon ordinary bonds to back its May 7 purchase. The capital raised helped Metaplanet scoop up 555 BTC in one of its largest single-day buys this year. Since these bonds do not pay periodic interest, they allow the firm to raise funds without adding ongoing liabilities to its balance sheet. This followed a mix of similar offerings and stock acquisition rights since early 2024, which have collectively brought in over ¥35 billion ( approximately $244 million). Much of that fundraising was conducted in partnership with Evo Fund, a financial backer that has helped Metaplanet scale its treasury operations quickly. Metaplanet’s Bitcoin roadmap Metaplanet has set a clear target of holding 10,000 BTC by the end of 2025, and its latest purchase puts it well past the halfway mark. As previously reported by Invezz, its April 24 acquisition brought the company to 5,000 BTC, exactly 50% of its goal, and in just two weeks, it has added another 555 BTC to that total. By the end of 2026, the company plans on holding 21,000 BTC, which represents roughly 1% of Bitcoin’s total fixed supply. Gerovich has touted his company’s approach as a value-driven strategy focused on capital efficiency and shareholder alignment. Plans for US entry Among its plans to enhance shareholder value and hit its BTC goals is a strategic move into the United States. Earlier this month, Metaplanet announced plans to launch a wholly owned US subsidiary, Metaplanet Treasury Corp., based in Florida. The new unit would reportedly focus entirely on Bitcoin acquisition and capital raising, and would initially aim to secure up to $250 million through US markets. The post Japan’s Metaplanet buys 555 BTC, Bitcoin holdings now exceed $536M appeared first on Invezz

Source: Invezz