In a remarkable display of Bitcoin’s market influence, Japanese Bitcoin treasury company Metaplanet (TSE: 3024) has achieved a new all-time high market capitalization of ¥470.3 billion, representing a staggering 554.5% year-to-date increase. This surge coincides with Bitcoin’s historic breakthrough to $109,500, demonstrating the growing institutional appetite for Bitcoin exposure through traditional equity markets.
Metaplanet’s Bitcoin Treasury Strategy Delivers Results
The company has demonstrated remarkable execution of its Bitcoin-focused strategy, expanding its holdings from 98 BTC to 7,800 BTC in just over a year. With an average acquisition price of $103,873 per coin, Metaplanet’s Bitcoin treasury is now valued at over $800 million, benefiting from the cryptocurrency’s recent price surge.
Innovative Financing Fuels Growth
Metaplanet’s success stems from its innovative ’21 Million Plan,’ which recently completed the exercise of its 13th to 17th series of stock acquisition rights. This financing strategy raised ¥93.3 billion in just 60 trading days, enabling continued Bitcoin accumulation without diluting shareholder value.
Strong Financial Performance
Q1 FY2025 results showcase Metaplanet’s robust performance:
- Revenue: ¥877 million (8% QoQ increase)
- Operating profit: ¥593 million (11% QoQ increase)
- Net income: ¥5.0 billion
- Unrealized Bitcoin gains: ¥13.5 billion
Market Impact and Future Outlook
As institutional inflows continue driving Bitcoin’s rally, Metaplanet has emerged as a preferred vehicle for traditional investors seeking Bitcoin exposure through regulated markets. Despite brief market volatility in March causing a ¥7.4 billion valuation adjustment, the company’s swift recovery highlights the resilience of its Bitcoin-focused strategy.
FAQ Section
What is Metaplanet’s current Bitcoin holdings?
As of May 19, 2025, Metaplanet holds 7,800 BTC, valued at over $800 million.
How has Metaplanet’s stock performed in 2025?
The company’s stock has risen 554.5% year-to-date, reaching a market capitalization of ¥470.3 billion.
What is the ’21 Million Plan’?
It’s Metaplanet’s innovative equity financing strategy that has raised ¥93.3 billion for Bitcoin purchases without diluting shareholder value.