coindesk.com
16 June 2025 08:21, UTC
Metaplanet (3350), the Japanese company that's committed to buying bitcoin
The Tokyo based company bought 1,112 $BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO Simon Gerovich posted on X. The purchase lifted its holdings above Coinbase's 9,267, according to data on BitcoinTreasuries.com.
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As of June 16, Metaplanet’s cumulative bitcoin investment stands at roughly $947 million, with an average acquisition cost of $94,697 per $BTC. It started down the bitcoin accumulation path in April 2024.
A standout metric in Metaplanet’s performance is its bitcoin yield, a proprietary measure that tracks the percentage change in the ratio of total $BTC holdings to fully diluted shares outstanding. The company has recorded strong figures in recent quarters:
To fund additional $BTC purchases, Metaplanet issued $210 million in zero-percent ordinary bonds. Market response to the company’s aggressive bitcoin strategy has been positive, with shares closing 26% higher on Monday, reaching 1,895 yen.
