Metaplanet substantially boosts bitcoin holdings

Metaplanet Inc. announced a substantial increase in its bitcoin holdings, acquiring an additional 5,419 bitcoins at an average price of JPY 17,281,012 per bitcoin, totaling JPY 93.646 bn. This latest purchase brings the company's total bitcoin reserves to 25,555 bitcoins, with an average acquisition cost of JPY 15,582,433 per bitcoin, amounting to a total value of JPY 398.29 bn as of September 22, 2025.

This acquisition is part of Metaplanet’s ongoing bitcoin treasury strategy, measured by key performance indicators (KPIs) such as BTC Yield, BTC Gain, and BTC JPY Gain. The BTC Yield, which reflects changes in the ratio of bitcoin holdings to diluted shares, has shown quarterly growth, with the latest recorded yield at 10.3% from July 1 to September 22, 2025. Prior periods saw yields of 129.4% (April-June 2025) and 95.6% (January-March 2025).

The company also raised significant capital through various market activities to fund its bitcoin strategy. This includes the issuance of additional common stock and the early repayment of JPY 6.75 bn of the 19th series ordinary bonds, funded by the exercise of the 20th series share options. Furthermore, a private placement of 385 million common shares to institutional investors was completed, with proceeds contributing to the bitcoin acquisitions.