Metaplanet, a Tokyo-listed company, announced on May 7 a strategic purchase of 555 Bitcoin (BTC) for $53.4 million, elevating its total holdings to **5,555 BTC**. This cements its position as Asia’s largest corporate BTC holder and the world’s 11th-largest. Additionally, Metaplanet revealed plans to establish a wholly-owned subsidiary in Florida, USA, aiming to raise $250 million to strengthen its "Bitcoin Financial Standard."
Timeline: Three Major Purchases in Under a Month
Early April 2025: Initial Bulk Purchase
- Acquired 696 BTC for ¥6.7 billion (~$67 million).
Late April: Follow-Up Buys
- April 24: Purchased 145 BTC for $13.4 million.
- April 30: Added 330 BTC for $28.2 million.
- Total holdings reached 5,000 BTC by month-end.
May 1: US Expansion
- Launched Metaplanet Treasury in Florida.
- Target fundraising: $250 million to bolster BTC reserves and access US capital markets.
May 7: Milestone Purchase
- Bought 555 BTC for $53.4 million (avg. price: $96,134/BTC).
- Total holdings now valued at ~$536 million.
👉 Why Metaplanet’s Bitcoin strategy is disrupting traditional finance
Funding Mechanism: Zero-Coupon Bonds
Metaplanet financed its purchases through zero-coupon bonds, collaborating with Evo Fund to raise ¥35 billion (~$244 million) via equity and debt instruments.
Innovative KPI: Bitcoin Yield
Replacing conventional metrics like EBITDA, Metaplanet tracks BTC Yield—quarterly growth in "Bitcoin per share." Recent results highlight robust performance.
CEO’s Moon Mission
Simon Gerovich, CEO, tweeted: "In Japanese, ‘5’ is pronounced ‘Go.’ Today, we shout: Go Go Go Go! To the moon!" The market responded enthusiastically, with Metaplanet’s shares surging 11% on the Tokyo Stock Exchange.
Industry Leadership
Per BitcoinTreasuries.NET, Metaplanet ranks as:
- Asia’s top publicly traded BTC holder.
- 11th globally among corporate BTC owners.
👉 How Metaplanet pivoted from hospitality to Bitcoin dominance
FAQ Section
Q1: How does Metaplanet’s BTC yield work?
A: It measures the growth rate of Bitcoin holdings per outstanding share, replacing traditional profit metrics.
Q2: Why Florida for the subsidiary?
A: Florida’s business-friendly regulations and access to deep capital markets align with Metaplanet’s expansion goals.
Q3: What’s next after 5,555 BTC?
A: The $250M fundraising will likely fuel further acquisitions, per the CEO’s "To the moon" vision.
Risk Disclosure: Cryptocurrency investments are volatile and high-risk. Capital loss is possible. Assess risks carefully.