Japan’s Metaplanet Adds Another $53 Million Of Bitcoin As It Ramps Up BTC Buying Spree ⋆ ZyCrypto

By: bitcoin ethereum news|2025/05/08 05:00:05
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Japanese investment firm Metaplanet, often dubbed Asia’s Strategy for its continued Bitcoin accumulation, has snapped up additional Bitcoin worth around $53.5 million. According to a regulatory disclosure on Wednesday, the firm bought 555 Bitcoins at an average purchase price of $96,134 per BTC, including fees and expenses. Metaplanet’s latest purchase brings the number of tokens in its BTC treasury to 5,555. The firm’s Bitcoin treasury is worth around $538 million based on Bitcoin’s price of $96,646 as of the time of writing, according to data from CoinGecko. “In Japanese, the number 5 is pronounced ‘Go,’ so today we’re shouting: Go go go go — to the moon and beyond!” Metaplanet CEO Simon Gerovich said in a post on X. Metaplanet has been steadily accumulating Bitcoin since adopting the top crypto as a treasury asset in April 2024. The Tokyo-based firm has been mirroring a strategy pioneered by Michael Saylor’s Strategy, which shifted its focus from software development to Bitcoin accumulation back in 2020. Metaplanet aims to expand its holdings to 10,000 BTC by the end of the year and 21,000 BTC by the end of 2026. Also today, Metaplanet said it would issue a second $25 million of zero-coupon ordinary bonds to EVO FUND to fund additional Bitcoin purchases. The company agreed to issue the debt just days after issuing the same amount of bonds to the same buyer. The company’s proprietary key performance indicator, BTC Yield, has soared in recent quarters, achieving 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter. Last week, the company announced plans to establish a wholly owned U.S. subsidiary in Miami, Florida, dubbed Metaplanet Treasury Corp., seeking to raise $250 million to accelerate its Bitcoin buying spree. Gerovich indicated that the move is a bid to tap American capital markets and expand 24/7 access to global liquidity. Metaplanet’s latest Bitcoin buy also comes amid a winning streak in the digital assets industry, with Bitcoin ETFs in the U.S. drawing in $1.8 billion in inflows last week. Metaplanet is currently Asia’s largest public corporate Bitcoin holder, and ranks 11th globally, per data tracked by Bitcointreasuries.net. Strategy remains the world’s biggest corporate holder of Bitcoin with a mammoth stockpile of 555,450 BTC. Source: https://zycrypto.com/japans-metaplanet-adds-another-53-million-of-bitcoin-as-it-ramps-up-btc-buying-spree/

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