Metaplanet plunged deeper into Bitcoin territory, scooping up 135 BTC for a hefty $13 million on February 25, 2025. Talk about bad timing. The purchase, averaging $96,185 per Bitcoin, happened just hours before a crypto market nosedive sent BTC tumbling to $92,000. Oops.
This latest splurge pushes Metaplanet‘s total Bitcoin stash to 2,235 BTC, valued at approximately $182.9 million. They’re now paying an average of $81,834 per coin across their entire holdings. Not too shabby. The company’s crypto treasure chest represents 0.01% of Bitcoin’s total supply and places them 14th among publicly traded companies hoarding digital gold. The fixed supply cap of 21 million bitcoins makes their accumulation strategy particularly significant for long-term value.
Metaplanet isn’t just dabbling in crypto—they’re going all in. Their ambitious “21m Plan” aims to accumulate a whopping 21,000 BTC by the end of 2026, with 10,000 BTC targeted for the end of 2025. They’ve designated Bitcoin treasury operations as a core business line. Bold move.
Going all in on digital gold with a 21,000 BTC target—Metaplanet’s making treasury operations their new battlefield.
The strategy seems to be working for their stock. Metaplanet shares have rocketed 68% year-to-date in 2025, despite a 1.3% dip during lunch break on the day of their latest Bitcoin purchase. Over the past year? A mind-blowing 233.7% surge. Investors clearly like what they’re seeing. CEO Simon Gerovich has consistently emphasized that BTC yield is the primary performance metric that matters for the company’s growth.
Fundraising efforts have been equally impressive. Metaplanet raised $47 million in equity within just four trading days of announcing their “21m Plan.” That’s 5.54% of their plan completed already. The company is leveraging stock acquisition rights to fuel their Bitcoin buying spree.
The company’s Bitcoin yield performance is currently at 23.2% year-to-date, with a target of 35% by year-end. Every basis point counts. Of course, they bought right before Bitcoin slid to $87,115, with the price hovering around $88,929 after their announcement. Classic.
Still, their approach reflects the growing trend of institutional investors treating Bitcoin as a legitimate asset class. This move aligns with the broader market’s growing institutional interest in cryptocurrencies as both a hedge against inflation and a long-term store of value. The crypto revolution marches on.
