coinpedia 2025-03-18 08:28:39

Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing

The post Metaplanet Expands Bitcoin Holdings Amid Market Corrections and Strategic Financing appeared first on Coinpedia Fintech News Metaplanet Inc. (Tokyo: 3350), a fast-growing company through a Bitcoin (BTC) treasury strategy, has strengthened its balance sheet with more Bitcoins amid the ongoing market correction. The mid-capped company, with a market capitalization of about ¥175 billion, announced an acquisition of an additional 150 Bitcoins. According to Simon Gerovich, the CEO of Metaplanet, the company spent around $12.5 million to acquire additional Bitcoins at an average price of about $83,508. Consequently, Metaplanet has now accumulated 3,200 Bitcoins and achieved a BTC Yield of 60.8 percent year-to-date. Metaplanet has acquired 150 BTC for ~$12.5 million at ~$83,508 per bitcoin and has achieved BTC Yield of 60.8% YTD 2025. As of 3/18/2025, we hold 3200 $BTC acquired for ~$266.2 million at ~$83,188 per bitcoin. pic.twitter.com/UMmVan28Xe — Simon Gerovich (@gerovich) March 18, 2025 Metaplanet Enrute to 10k Bitcoins As Coinpedia previously reported, Metaplanet aims to accumulate 10k Bitcoins by the end of 2025 and double the trove by the end of next year. The company has been using debt financing, equity issuance, and operational income to accumulate as many BTCs as possible. Worth noting that Metaplanet has attracted over 50k shareholders, with top recommendations from Strategy, formerly MicroStrategy. Earlier today, Metaplanet announced the issuance of ¥2 billion zero percent ordinary bonds to purchase additional Bitcoins. *Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC * pic.twitter.com/RhXoSZD3bw — Metaplanet Inc. (@Metaplanet_JP) March 18, 2025 Market Impact Bitcoin price has significantly benefited from the rising demand from institutional investors and nation-states to manage their treasuries. As of this writing, around 170 entities hold over 3.1 million Bitcoins in treasury, according to bitcointreasuries.net. With the diminishing supply of Bitcoin, through the halvings, amid the rising demand, the overall price action will eventually be bullish in the long haul. Furthermore, Bitcoin price will mirror Gold’s price action, which is currently in the price discovery phase after hitting a new all-time high earlier today.