Metaplanet Now Holds 0.01% of Bitcoin's Total Supply

cryptonews.net 20/02/2025 - 12:14 PM

Metaplanet Inc. Achieves 0.01% of Bitcoin’s Total Supply

Japanese firm Metaplanet Inc. has reached a significant milestone, now holding 0.01% of Bitcoin’s total supply limit of 21 million, positioning itself among the top 15 corporate Bitcoin holders globally.

The firm recently acquired 68.59 BTC for approximately $6.6 million at an average price of $96,335 per Bitcoin, according to a statement on Wednesday. This purchase brings Metaplanet’s total Bitcoin holdings to 2,100 BTC, valued at over $204 million at current prices.

> Metaplanet Reaches 0.01% of Total Bitcoin Supply
>
> Metaplanet Announcement
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> — Metaplanet Inc. (@Metaplanet_JP) February 20, 2025

Based in Tokyo, the firm is following a Bitcoin acquisition strategy akin to that of Michael Saylor, co-founder of MicroStrategy, aiming to become one of the largest Bitcoin holders in the world. Since shifting its focus to Bitcoin in April 2024, Metaplanet has continuously increased its holdings and plans to reach 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.

Metaplanet has adopted Bitcoin as a foundational element of its financial strategy, viewing it as a hedge against Japan’s economic issues, such as high national debt and currency depreciation.

The firm’s acquisition strategy is supported by various innovative funding approaches, including plans to issue $745 million in zero-discount moving strike warrants—the largest equity capital raise for Bitcoin in Asia. Recently, the company raised $25.9 million (¥4 billion) via zero-interest, unsecured bonds to finance its Bitcoin purchases.

With impressive BTC yield performance—up 18% year-to-date for 2025 and a record 309.8% in Q4 2024—Metaplanet’s strategy has shown promising results. The BTC yield measures the percentage change in the ratio of total Bitcoin holdings to fully diluted shares outstanding, serving as an indicator of the effectiveness of their acquisition strategy.

The firm’s gradual purchasing plan during favorable market conditions ensures continued growth in holdings while safeguarding shareholder value. Following this milestone, Metaplanet’s stock rose 2.78% on Tuesday to close at $41.90 (¥6,290.00), according to Google Finance data.

A new trend of corporations from various sectors is expanding into Bitcoin, such as Rumble Inc., planning to invest up to $20 million, and KULR Technology, which recently acquired 510 BTC.

Gumi Inc., Japan’s leading mobile game development company, is also set to invest $6.58 million in Bitcoin to bolster its blockchain and Web3 initiatives.

> One Basis Point of Bitcoin https://t.co/KnNyajjwEa
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> — Michael Saylor⚡️ (@saylor) February 20, 2025

Among corporate Bitcoin holders, Strategy remains the leader with over 478,740 BTC, valued at more than $46 billion. Mara Holdings and Riot Platforms follow, holding 45,221 BTC and 18,211 BTC, respectively, according to Bitcoin Treasuries data.

Michael Saylor acknowledged Metaplanet’s recent Bitcoin acquisition, referring to their holdings as “One Basis Point of Bitcoin.”




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