Metaplanet Hits 5,555 BTC Landmark With Latest $53M Buy, Eyes U.S. Expansion
Japan’s Metaplanet has crossed a symbolic threshold in its bold Bitcoin investment campaign, now holding exactly 5,555 BTC after acquiring another 555 Bitcoin for $53.4 million. At current market prices, the company's total Bitcoin stash is valued at over $536 million.
Disclosed on May 7, the Tokyo-listed company purchased the latest batch at an average price of $96,134 per BTC, according to CEO Simon Gerovich. Since initiating its aggressive buying spree, Metaplanet has accumulated its holdings at an average entry price of $86,672, with a total investment of $481.5 million to date.
To fuel its ongoing accumulation, Metaplanet revealed it has issued an additional $25 million in zero-coupon bonds. The firm has now raised over 35 billion yen (approximately $244 million) through bond offerings and stock rights in partnership with Evo Fund since the start of 2024.
The company’s custom metric, BTC Yield — designed to reflect the performance of its Bitcoin strategy — has delivered impressive quarterly results: a staggering 309.8% in Q4 2024, 95.6% in Q1 2025, and a still-solid 21% so far in Q2.
Reflecting on the milestone, Gerovich noted, “In Japanese, the number 5 is ‘Go’ — so we’re shouting ‘Go go go go!’ to the moon and beyond,” in a celebratory post on X.
Beyond Japan, Metaplanet is gearing up for an even larger presence. On May 1, it announced the formation of a new U.S.-based subsidiary, Metaplanet Treasury, headquartered in Florida. The new arm aims to raise up to $250 million from American markets to continue driving its Bitcoin-focused treasury strategy.
Already recognized as Asia’s largest publicly traded Bitcoin-holding corporation, Metaplanet now ranks 11th worldwide, according to BitcoinTreasuries.NET.
April was a particularly active month for the company, with multiple BTC acquisitions:
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April 2: 696 BTC for $67 million
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April 16: 330 BTC for $28.2 million
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April 24: 145 BTC for $13.4 million
Those purchases took Metaplanet’s holdings to 5,000 BTC — a figure now surpassed by today’s buy.
Shares of Metaplanet responded positively to the news, surging 11% by midday on the Tokyo Stock Exchange, per Google Finance.