Metaplanet Buys 162 BTC for $13.5M, Bitcoin Holdings Now at 3050 BTC

Highlights:

• Metaplanet expands Bitcoin holdings with a fresh $13.5 million investment for 162 BTC.
• The Japanese company now holds 3,050 tokens, with 53.2% year-to-date returns.
• The crypto investment firm plans to raise ¥2 billion in 0% ordinary bonds for additional BTC purchases.

Metaplanet has increased its Bitcoin (BTC) holdings with a fresh $13.5 million investment. The Japanese crypto investment firm’s Chief Executive Officer (CEO), Simon Gerovic, announced the move today on X. According to the CEO, the company bought 162 BTC at an average cost of $83,123 per token.

Today’s purchase increased the firm’s Bitcoin holdings to about 3,050 BTC, valued at $253.7 million at $83,180 per coin. The CEO added that Metaplanet’s Bitcoin holdings have yielded 53.2% year-to-date returns.

Metaplanet has acquired 162 BTC for ~$13.5 million at ~$83,123 per bitcoin and has achieved BTC Yield of 53.2% YTD 2025.  As of 3/12/2025, we hold 3050 $BTC acquired for ~$253.7 million at ~$83,180 per bitcoin. pic.twitter.com/dTPkfNv70p

— Simon Gerovich (@gerovich) March 12, 2025

Metaplanet Intensifies BTC Acquisitions in March

This month, Metaplanet completed three BTC acquisitions. On March 3, the crypto investment firm spent $13.4 million to procure 156 BTC at $85,890 per token. On March 5, Gerovic announced the month’s largest purchase: $43.9 million for 497 BTC at an average cost of $88,448 per coin. The consistent buying strategy aligns with Metaplanet’s goal of amassing 10,000 Bitcoin by the end of 2025 and 21,000 BTC by the end of 2026.

In addition, the buying sprees reflect Metaplanet’s CEO’s worries about Bitcoin’s narrow buying window. In a previous X post, Gerovic raised concerns about Metaplanet not owning enough BTC. He tweeted, “I worry every day that we don’t own enough Bitcoin. The window to buy won’t stay open forever.”

The CEO also predicted that soon, people will either own BTC or regret missing out. He stressed that Metaplanet aims to acquire as much BTC as possible to reassure shareholders.

I worry every day that we don’t own enough Bitcoin. The window to buy won’t stay open forever. Soon, there will be two kinds of people: those who own Bitcoin and those who regret not buying it. At Metaplanet, we’re accumulating as much as we can so our shareholders can relax.

— Simon Gerovich (@gerovich) March 5, 2025

Metaplanet Plans to Issue ¥2 Billion in 0% Ordinary Bonds for More BTC Purchases.

In other related news, Metaplanet announced the issuance of its eighth series of ordinary bonds. The company plans to raise ¥2 billion ($13.6 million) from bonds to expand its Bitcoin holdings. This move aligns with the investment firm’s strategy of using debt financing to procure more Bitcoin.

The entire ¥2 billion will be divided into bonds with ¥50 million face value each. Investors will earn 0% interest on the bonds. However, they will receive bond reimbursement at 100% of face value on September 11, 2025.

A Bondholder, the EVO FUND, can request earlier repayment by applying for it a business day earlier. Metaplanet disclosed it might repay bonds earlier if proceeds from its 14th – 17th series Stock Acquisition Rights reach multiples of ¥50 million.

Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/PpihQIThSh

— Metaplanet Inc. (@Metaplanet_JP) March 12, 2025

Implications of Consistent BTC Acquisition

Over the past few days, Bitcoin has fluctuated significantly, with prices ranging as high as $90,000 and as low as $76,000. This volatility should have ordinarily triggered BTC sell-offs among the token holders, rushing to limit losses. However, Metaplanet has remained consistent. It has also planned to raise funds for further Bitcoin acquisition. This underscores the company’s strong belief in Bitcoin’s potential as a sustainable store of value.

Whales have also capitalized on Bitcoin’s present dip to expand their Bitcoin portfolio. A recent tweet revealed that large spenders have accumulated over 65K BTC within a month. The X post added that this mirrored past trends that led to massive Bitcoin price spikes in late 2024. For context, BTC traded above $100,000 in December last year before attaining its $108,786 all-time high (ATH) on January 20, 2025.

Despite Bitcoin going lower, whales have accumulated more than 65 thousand Bitcoins in the last 30 days, indicating high buying pressure from large network participants.

If this pattern continues, it will signal constant buying pressure similar to what we had in November and… pic.twitter.com/iVf1NtTasD

— Grey BTC (@greybtc) March 12, 2025