So, here’s the wild saga of Metaplanet, right? This Japanese tech behemoth just went on another bitcoin shopping spree, splashing ¥3.78 billion, which is like $26.3 million if you don’t speak yen. They’re snatching up bitcoin like it’s going out of style. You might think, why now? Well, U.S.-China trade tensions are brewing like a bad storm on the horizon. Interesting timing, huh?
They grabbed 319 bitcoins at about ¥11.85 million each. That’s some serious coin hoarding. It pushes their total stash to 4,525 BTC. If you’re doing the math, that’s a jaw-dropping $408.1 million burnt, with each coin averaging out at $90,194.
Yeah, bitcoin took a little dip over the weekend, sliding down by more than 2%. Markets can be super touchy, especially when there’s political drama brewing, like the potential U.S. tariffs on Chinese gadgets. Fun times.
People are calling Metaplanet “Asia’s MicroStrategy.” Bold, right? They’re planning to hit 10,000 bitcoins by the end of 2025. By 2026, they’re shooting for 21,000. Ambitious much? They brag about their “BTC Yield,” which is just fancy talk for how much their bitcoin holdings grow relative to their shares. Q1 2025 stats popped out a sweet 95.6% BTC yield, though by mid-April, they toned it down to 6.5%.
This aggressive buying bumped them up the ranks to the ninth biggest public bitcoin holder globally. And guess who’s on their Strategic Advisory Board now? Eric Trump. Yup, that Trump. Apparently, he’s all about that crypto life. The buy aligns with the usual chaotic market vibes—investors are juggling mixed signals about those pesky trade policies coming out of D.C.
But how do they fund this bitcoin buffet? They’ve got bond sales and stock acquisition tricks going on. Basically, finding ways to buy without ticking off their shareholders too much. They’ve already pulled off like 41.7% of this grand “210 million plan.”
Metaplanet’s new game plan clearly rips a page from Michael Saylor’s Strategy playbook, just with less drama, maybe? Since jumping headfirst into bitcoin treasury games, they’ve been crushing it. They’re big on convertible debt offerings and equity-linked deals to bankroll their ventures. Fast-forward a year, and they’ve grown their hold to over 4,500 BTC.
Guess it’s a reminder the bitcoin wave isn’t slowing anytime soon, and Metaplanet surely isn’t planning on missing it.