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coinpedia 2025-03-03 04:28:31

Metaplanet Buys $13.4 Million in Bitcoin, Boosts Holdings to 2,391 BTC

The post Metaplanet Buys $13.4 Million in Bitcoin, Boosts Holdings to 2,391 BTC appeared first on Coinpedia Fintech News Metaplanet has bought another 156 Bitcoin worth $13.4 million, totaling to 2,391 BTC on their balance sheet. It announced the acquisition of additional Bitcoin as part of its ongoing Bitcoin Treasury Operations. *Metaplanet purchases additional 156 $BTC * pic.twitter.com/TAC7gfTSEB — Metaplanet Inc. (@Metaplanet_JP) March 3, 2025 The latest purchase included 156 Bitcoin at an average price of 12,952,147 yen per Bitcoin, totaling 2.021 billion yen. This brings the company’s total Bitcoin holdings to 2,391 Bitcoin, representing a total investment of 29.828 billion yen. This acquisition highlights Metaplanet’s continued commitment to increasing its Bitcoin reserves. The company revealed that in Q4 2024, the Company’s BTC Yield was 309.8%. Quarter to Date, from January 1, 2025 to March 3, 2025, the Company achieved a BTC Yield of 31.8%. Metaplanet Raises Funds for Bitcoin Strategy with Stock and Bond Issuances On January 28, 2025, Metaplanet’s Board approved issuing the 13th to 17th Series of Stock Acquisition Rights to EVO FUND, totaling 21 million shares. On February 10, 2025, the Board also approved issuing the 6th Series of Zero-Coupon Bonds to EVO FUND, raising 4 billion yen. The funds raised will go toward buying more Bitcoin, as planned. On February 13, 2025, Metaplanet received 4 billion yen from issuing the 6th Series of Bonds to EVO FUND and decided to use the funds to buy more Bitcoin. By February 19 and 21, the company fully paid off the bonds early, using proceeds from the 13th Series of Stock Acquisition Rights. Metaplanet Completes 5.5% of ’21 Million Plan Between February 18 and 25, 2025, 27.7% of the 13th Series of Stock Acquisition Rights were exercised, raising about 7.13 billion yen. So far, the company has completed 5.5% of its “21 Million Plan.” On February 27, Metaplanet’s Board approved issuing the 7th Series of Zero-Coupon Bonds to raise another 2 billion yen. These funds will also be used to support the company’s Bitcoin buying strategy.

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