Metaplanet becomes 4th-largest corporate Bitcoin holder after $600M buy

Japanese concern institution Metaplanet has acquired an further 5,268 Bitcoin, worthy astir $600 cardinal astatine existent marketplace prices. 

Metaplanet announced connected Wednesday that its latest acquisition has brought its full Bitcoin (BTC) holdings to 30,823 BTC. The determination catapulted the Tokyo-listed institution to the 4th spot among firm Bitcoin holders, overtaking the Bitcoin Standard Treasury Company, according to BitcoinTreasuries.NET data. 

The latest acquisition was made astatine an mean terms of 17.39 cardinal Japanese yen (about $116,000), with an aggregate full of $600 million. With the latest purchase, its full holdings ballooned to $3.6 billion, acquired astatine an mean terms of astir $108,000 per coin. 

BitcoinTreasuries.NET information shows that the company’s Bitcoin strategy has already generated an unrealized nett of implicit 7.5%. 

Source: Metaplanet

Metaplanet’s Bitcoin Yield ballooned to 300% precocious 2024

Metaplanet started adding Bitcoin to its equilibrium expanse successful April 2024 and scaled faster than astir each different firm Bitcoin holder. 

The filing shows that its BTC Yield roseate arsenic precocious arsenic 309.8% successful precocious 2024 earlier stabilizing to 33% this year. BTC Yield tracks the percent alteration successful the ratio of full Bitcoin holdings to afloat diluted shares. This gives investors a clearer presumption of however overmuch Bitcoin backs each share. 

Metaplanet’s Bitcoin Yield jumped to implicit 300% precocious 2024. Source: Metaplanet

A 309% BTC Yield shows that the velocity of Metaplanet’s Bitcoin accumulation acold outpaced its stock dilution. At the time, each stock had much than 3 times the Bitcoin vulnerability than erstwhile it started.  

Despite the accelerated accumulation velocity successful precocious 2024, the metric stabilized astatine 33% successful 2025, suggesting that portion the institution is inactive acquiring Bitcoin, the maturation successful per-share vulnerability has slowed. 

Related: Investment elephantine Capital Group’s $1B stake connected Bitcoin treasuries balloons to $6B

Public companies clasp 1 cardinal Bitcoin

BitcoinTreasuries.NET information shows that nationalist companies clasp implicit 1 cardinal Bitcoin, worthy astir $116 billion. This accounts for astir 4.7% of the asset’s full supply.

Overall, Bitcoin successful treasuries, including exchange-traded funds (ETFs), governments, exchanges and backstage companies has reached 3.8 cardinal BTC, worthy $442 billion. 

Altcoin-based treasuries person besides gained traction. Ether (ETH)-based treasuries, including reserve entities and ETFs, clasp 12.14 cardinal ETH, worthy $52 billion, according to information tracker Strategic ETH Reserve. 

On the different hand, Solana (SOL)-based treasuries person reached 20.92 cardinal SOL, worthy astir $4.55 billion, according to Strategic SOL Reserve data. 

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