Tokyo-Listed Metaplanet Now Holds 2,031 Bitcoin Worth $196M, Ranks 14th Globally

Tokyo-listed investment firm Metaplanet announced Monday it acquired 269 Bitcoin worth ¥4 billion. The company's stock has gained 73% year-to-date.

Japanese investment firm Metaplanet announced Monday that it purchased 269 Bitcoin for ¥4 billion ($34 million) as part of its strategy to deploy a portion of its treasury into the leading cryptocurrency.

The Tokyo-listed company’s stock has gained 73% year-to-date, MarketWatch data showed, with the bulk of the increase coming after the announcement of its Bitcoin strategy in July last year.

Metaplanet purchases additional 269.43 $BTC pic.twitter.com/gIkpqVdALK

— Metaplanet Inc. (@Metaplanet_JP) February 17, 2025

The latest purchase brings Metaplanet’s total Bitcoin holdings to roughly 2,031 BTC. At today’s prices, the stash is worth about $196 million.

Based on the company’s latest filing, the average purchase price for the additional 269.43 Bitcoin works out to about $44,400 per coin. Including the earlier purchase, Metaplanet’s average purchase price for all its Bitcoin holdings is around $80,700.

With an average purchase price that is significantly lower than the current market price of about $96,900, Metaplanet’s overall Bitcoin investment has increased in value by around 16%.

The investment firm began disclosing its Bitcoin stash in July last year, revealing that it had acquired 1,761.7 Bitcoin for an average price of $74,000 per coin. The company said at the time that the purchase was made as part of its strategy to generate BTC Yield, a key indicator devised by Metaplanet to assess the performance of its Bitcoin acquisition strategy.

The yield is calculated by dividing the net profit generated from Bitcoin price changes over a given period by the total cost incurred in acquiring the Bitcoin. The company said the net profit is calculated on a mark-to-market basis.

According to Metaplanet, the BTC Yield for the July-September quarter of 2024 was 41%. The yield surged to 309% in the fourth quarter of 2024 and stands at around 15% quarter to date through February 17, 2025.

The company’s filings also showed that its total net assets increased to ¥128.7 billion ($980 million) at the end of December, up from about ¥80 billion at the end of March last year.