Metaplanet boosts Bitcoin holdings to 4,206 BTC, aiming for 21,000 BTC by 2026 in its aggressive crypto strategy - IcoHolder.

Metaplanet, a Japanese technology company, has announced the acquisition of an additional 160 Bitcoin, raising its total holdings to 4,206 BTC. The company revealed in an April 2 statement that the purchase, amounting to approximately $13.39 million (1.998 billion yen), was made at an average price of ¥12.49 million ($80,063) per Bitcoin. This move is part of Metaplanet’s ongoing Bitcoin treasury strategy, which has been integral to the company’s rapid expansion.

In the first quarter of 2025, Metaplanet further increased its Bitcoin reserves by purchasing 696 BTC through the sale of cash-secured Bitcoin put options. Of these, 645.74 BTC came from option exercises, with 50 BTC derived from premiums. The total expenditure for these acquisitions was ¥10.152 billion ($91.7 million). The company continues to raise capital from investors to fund its growing Bitcoin portfolio.

In late March, Metaplanet successfully raised 2 billion yen ($13.22 million) through its 10th Series of Ordinary Bonds, with all proceeds earmarked for Bitcoin purchases. Since shifting its focus to Bitcoin, Metaplanet has seen a remarkable rise of more than 3,000% in its stock price, highlighting strong investor interest in its strategy.

The company is on track to meet its target of earning ¥3.0 billion ($27.5 million) from its Bitcoin program in 2025, contributing to an overall revenue goal of ¥3.4 billion ($31.3 million) for the year. Metaplanet measures the success of its Bitcoin acquisitions through a key performance indicator called Bitcoin Yield, which tracks the percentage change in total Bitcoin holdings relative to fully diluted shares. The yield surged to 309% in Q4 2024 and remained strong at 95% in Q1 2025.

Looking ahead, Metaplanet aims to hold 21,000 BTC by 2026, with plans to surpass 10,000 BTC by the end of 2025. If successful, this will position the company as Asia’s largest corporate holder of Bitcoin, reinforcing its ambitious commitment to cryptocurrency investment.