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Japan’s Metaplanet announced Monday that it purchased an extra 269.43 Bitcoin—worth roughly $25.9 million—as it continues to build its BTC reserves.
Consequently, its total Bitcoin holdings have now hit 2,031.41 coins. Additionally, the company revealed that it acquired these coins at a rate of 14,846,322 yen (about $97,985.73) per Bitcoin.
The investment firm tracks BTC Yield as a key metric. It shows how the ratio of its total Bitcoin holdings to all possible shares has changed over time. For example, between July 1 and Sept. 30, 2024, its BTC Yield was 41.7%. Then, from Oct. 1 to Dec. 31, 2024, it jumped to 309.8%. Most recently, from Jan. 1 to Feb. 17, 2025, the yield was 15.3%.
On Jan. 28, Metaplanet’s Board approved issuing the 13th through 17th Series of Stock Acquisition Rights to EVO FUND via third-party allotment. The plan divides the issuance into five tranches, with each tranche containing 4.2 million shares—totaling 21 million shares.
Earlier this month, Metaplanet became Japan’s top-performing stock, having surged over 4000% in the past year. This dramatic increase stemmed from its shift last year to a “Bitcoin-first, Bitcoin-only” strategy aimed at stockpiling the cryptocurrency.
The company follows in the footsteps of Michael Saylor’s Strategy—formerly known as MicroStrategy—which has encouraged several firms to buy and hold Bitcoin in their corporate treasuries to counteract falling share prices.
Last month, Metaplanet announced plans to significantly boost its Bitcoin reserves, targeting 10,000 BTC by the year’s end. To achieve this, it will leverage its partnerships to drive Bitcoin adoption both in Japan and globally. In addition, the company is actively seeking opportunities to expand its influence within Japan and across the broader Bitcoin ecosystem.
Further, Metaplanet earns a large share of its revenue from Bitcoin-related activities, especially by selling Bitcoin put options. Its hotel business also bolsters its financial performance; through its subsidiary, Wen Tokyo Co., the company operates the Royal Oak Hotel in Tokyo’s Gotanda district.