KeyTakeaways:
- Metaplanet increased Bitcoin holdings by 696 BTC, reaching a total of 4,046 BTC in Q1 2025.
- The company reports ¥770 million in revenue from its Bitcoin income generation business.
- Metaplanet achieves a 95.6% BTC yield year-to-date through its treasury operations.
Metaplanet Inc. announced on April 1 that it recently added 696 Bitcoin to its treasury holdings, keeping up with its aggressive acquisition strategy. Notably, this acquisition brings the company’s total Bitcoin holdings to 4,046 BTC. Per the announcement, the purchase aligns with Metaplanet’s ongoing Bitcoin Treasury Operations, focusing on capital efficiency.
Revenue Soars with Bitcoin Income Strategy
Significantly, the firm reported ¥770 million in revenue from its Bitcoin income generation business during Q1 2025. Metaplanet utilized cash-secured put options, selling 770,351,229 yen worth of options, equivalent to 50.26 BTC. This strategy allowed the company to acquire Bitcoin at an average price of 14,586,230 yen per BTC. The total amounted to 10.152 billion yen (about $67 million) for the 696 BTC.
Metaplanet achieved a 95.6% BTC yield year-to-date, as reported in its latest disclosure. This performance highlights the effectiveness of Metaplanet’s approach to acquiring Bitcoin at below-market prices.
Throughout Q1 2025, Metaplanet engaged in several capital market activities to fund its Bitcoin strategy. On January 28, the company issued the 13th to 17th Series of Stock Acquisition Rights to EVO FUND, raising 210 million shares. Additionally, on February 10, Metaplanet issued the 6th Series of Ordinary Bonds to EVO FUND, securing 4 billion yen to support its Bitcoin accumulation.
On March 31, the firm announced its 10th series of 0% interest bonds. The series raised $13.3 million to expand its Bitcoin holdings. The bonds, allocated to EVO FUND, are redeemable by September 30, 2025, with early redemption possible under specific conditions.
CEO Simon Gerovich highlighted the firm’s strategy to buy Bitcoin during its recent price dip, with the company’s holdings at 3,350 BTC.
In a statement he made earlier this year, Gerovich explained that Metaplanet aims to reach 10,000 BTC by the end of 2025 (a goal which is over 40% achieved already this early in the year). With their continued regular purchases, the firm will accomplish this goal and likely overshoot the 10,000 BTC mark.
