
{"id":51532,"date":"2025-03-12T12:48:18","date_gmt":"2025-03-12T12:48:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51532"},"modified":"2025-03-12T12:48:18","modified_gmt":"2025-03-12T12:48:18","slug":"metaplanet-expands-bitcoin-stash-to-3050-btc-after-buying-162-more","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51532","title":{"rendered":"Metaplanet Expands Bitcoin Stash to 3,050 BTC After Buying 162 More"},"content":{"rendered":"<p>Metaplanet has bought an additional 162 BTC worth $13.5 million.<\/p>\n<p>This latest acquisition brings its total Bitcoin holdings to 3,050 BTC.<\/p>\n<h2>Details of The Purchase<\/h2>\n<p>CEO Simon Gerovich announced in a Wednesday <a href=\"https:\/\/x.com\/gerovich\/status\/1899680264600850470\" target=\"_blank\" rel=\"noopener\">post<\/a> on X that the Japanese investment firm spent approximately $13.5 million on the latest buy, paying an average price of $83,123 per coin.<\/p>\n<p>At current market rates, Metaplanet\u2019s total Bitcoin holdings are valued at approximately $249.4 million, while the total acquisition cost stands at around $253.7 million.<\/p>\n<p>Since launching its Bitcoin acquisition strategy in April 2024, the firm has consistently expanded its holdings. Just a week ago, it purchased 497 BTC for $43.9 million. Other recent buys include <a href=\"https:\/\/cryptopotato.com\/metaplanet-acquires-156-btc-bringing-total-holdings-to-2391\/\" target=\"_blank\" rel=\"noopener\">156 BTC<\/a> for $13.4 million on March 3, <a href=\"https:\/\/cryptopotato.com\/metaplanet-expands-bitcoin-holdings-to-2100-btc-with-6-6m-acquisition\/\" target=\"_blank\" rel=\"noopener\">68 BTC<\/a> for $6.6 million on February 20, and <a href=\"https:\/\/cryptopotato.com\/metaplanet-buys-25-6m-in-bitcoin-boosting-holdings-to-2031-btc\/\" target=\"_blank\" rel=\"noopener\">269 BTC<\/a> for $26 million on February 17.<\/p>\n<p>So far in 2025, Metaplanet has purchased nearly 1,300 BTC. In January, Gerovich <a href=\"https:\/\/cryptopotato.com\/metaplanet-targets-10000-btc-ceo-simon-gerovich-shares-2025-vision\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> that the company aims to accumulate 10,000 coins by the end of this year and reach 21,000 by the end of 2026.<\/p>\n<p>The firm tracks the effectiveness of its accumulation strategy using Bitcoin Yield (BTC Yield), a key performance indicator that has seen notable fluctuations in recent quarters.<\/p>\n<p>Between July and September 2024, Metaplanet posted a 41.7% BTC Yield, which surged to 309.8% in the fourth quarter. So far in 2025, the metric stands at 53.2%.<\/p>\n<h2>Metaplanet Stock Price Surges<\/h2>\n<p>Following the latest Bitcoin buy, Metaplanet\u2019s stock price has risen by 8.68% to JPY 3,630, according to Google Finance <a href=\"https:\/\/www.google.com\/search?q=google+finance+metaplanet+stock&amp;client=ms-android-samsung-ss&amp;sca_esv=cd25324f189e683f&amp;sxsrf=AHTn8zpSDiCybjp39SxQBw9c3RNdkRhOvQ%3A1741765210675&amp;ei=WjrRZ6byKIqIkdUP8_TCoA8&amp;oq=Google+finance+Metaplanet&amp;gs_lp=EhNtb2JpbGUtZ3dzLXdpei1zZXJwIhlHb29nbGUgZmluYW5jZSBNZXRhcGxhbmV0KgIIADIHECMYsAMYJzIHEAAYsAMYHjIOEAAYgAQYsAMYhgMYigUyDhAAGIAEGLADGIYDGIoFMg4QABiABBiwAxiGAxiKBTIOEAAYgAQYsAMYhgMYigUyCBAAGLADGO8FMgsQABiABBiwAxiiBDIIEAAYsAMY7wUyCBAAGLADGO8FMgsQABiABBiwAxiiBEiNClAAWABwAHgAkAEAmAH3AaAB9wGqAQMyLTG4AQHIAQCYAgGgAooCmAMAiAYBkAYLkgcDMi0xoAe9CA&amp;sclient=mobile-gws-wiz-serp#ebo=0\" target=\"_blank\" rel=\"noopener\">data<\/a>.<\/p>\n<p>The company has been growing its reserves through its Bitcoin Treasury Operations, which officially became a business line on December 18, 2024.<\/p>\n<p>As part of this initiative, Metaplanet\u2019s board of Directors has approved the issuance of its 8th series of ordinary bonds to EVO FUND. The bond issuance, valued at JPY 2 billion (approximately $18.2 million), was announced earlier today and is expected to directly fund further Bitcoin purchases.<\/p>\n<p>This development comes just two days after Strategy (formerly MicroStrategy) revealed its plans to raise $21 billion for Bitcoin acquisitions.<\/p>\n<p>According to a company <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-21-billion-strk-at-the-market-program_03-10-2025\" target=\"_blank\" rel=\"noopener\">notice<\/a>, this new funding initiative aligns with its January 28 announcement regarding stock acquisition rights, which outlined its plans to issue and sell shares of its 8.00% Series A perpetual strike preferred stock.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/metaplanet-expands-bitcoin-stash-to-3050-btc-after-buying-162-more\/\">Metaplanet Expands Bitcoin Stash to 3,050 BTC After Buying 162 More<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Metaplanet has bought an additional 162 BTC worth $13.5 million. This latest acquisition brings its total Bitcoin holdings to 3,050 BTC. Details of The Purchase CEO Simon Gerovich announced in a Wednesday post on X that the Japanese investment firm spent approximately $13.5 million on the latest buy, paying an average price of $83,123 per [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":51533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51532"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51532"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51533"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}