Metaplanet’s Bitcoin Binge: $25M and 555 More BTC, Because Why Not?

Well, well, well, it seems Metaplanet Inc. just can’t get enough of that sweet, sweet Bitcoin. On May 7, 2025, they decided to treat themselves to an additional 555 Bitcoins, having raised a neat $25 million by issuing zero-coupon bonds. And, of course, these bonds, which were sold to EVO FUND, come with the thrilling promise of zero interest. How delightfully cheeky! All the funds, naturally, went straight into the Bitcoin vault.

Metaplanet has acquired 555 BTC for ~$53.4 million at ~$96,134 per bitcoin and has achieved BTC Yield of 136.7% YTD 2025. As of 5/7/2025, we hold 5555 $BTC acquired for ~$481.5 million at ~$86,672 per bitcoin.

— Simon Gerovich (@gerovich) May 7, 2025

Metaplanet’s Bitcoin Bonanza

Hold on to your hats, folks—this latest acquisition came in at a cool $53.4 million, with each Bitcoin fetching a princely sum of $96,134. The result? A BTC yield of 136.7% year-to-date, proving that Metaplanet has been quite the savvy investor. As of May 7, they now own 5,555 BTC, a total value of approximately $481.5 million, with an average cost of $86,672 per Bitcoin. It’s like they’re playing Monopoly with real money!

Now, let’s talk about those zero-coupon bonds. What a gem! These bonds are set to mature on November 6, 2025, though early redemption options are available if they feel like it. But why rush? With no interest to pay, Metaplanet is keeping its capital costs low while ensuring they’re as exposed to Bitcoin as humanly possible. Genius, really.

So, what does this all mean? Well, Metaplanet is cementing its place as Japan’s preeminent Bitcoin-focused public company. They’re using some very inventive finance tricks to increase shareholder value in the ever-evolving digital asset world. Bravo!

The Metaplanet Stock Frenzy

And if you thought it couldn’t get any more exciting, hold onto your portfolios! On May 7, Metaplanet’s stock (TYO:3350) shot up by 13.32%, closing at ¥485 as of 12:45 PM JST. The stock opened at ¥483, briefly flirted with ¥502, and gave investors something to smile about.

This surge comes on the heels of Metaplanet’s bold Bitcoin binge, accumulating a grand total of 5,555 BTC in less than a year. With a market cap of ¥24.21 billion and a P/E ratio of 25.86, Metaplanet is positioning itself as the ultimate Bitcoin play—gaining momentum in a crypto market that’s making quite the comeback. So, if you’re not already on the bandwagon, you might want to hop on before it zooms off into the sunset!

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2025-05-07 07:36