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Metaplanet Purchases Another 497 BTC as Part of Ongoing Bitcoin Treasury Operations

Metaplanet Purchases Another 497 BTC as Part of Ongoing Bitcoin Treasury Operations

CryptoNewsCryptoNews2025/03/05 16:11
By:Sujha Sundararajan

Metaplanet, on Monday, purchased 156 Bitcoins, pushing BTC prices up.

Last updated: March 5, 2025 03:09 EST

Tokyo-based investment giant Metaplanet has added another 497 Bitcoins (BTC) to its Treasury on Wednesday, despite recent market volatility.

The purchase of $43.3 million worth BTC brings its Bitcoin stash to a total of 2,888 BTC, with an aggregated amount of 36.444 billion yen ($240 million).

Ladies and gentlemen, we have blast off 🚀 pic.twitter.com/wlToyoyLrR

— Simon Gerovich (@gerovich) March 5, 2025

On Monday, the firm had grabbed 156 Bitcoins , when Bitcoin’s price jumped from $85,207 to $94,537. The company also announced that it is eying global markets to expand its offerings.

Metaplanet Sees Strong Year-to-Date BTC Yield of 45.1%

Additionally, the company’s CEO Simon Gerovich revealed that Metaplanet has achieved a year-to-date BTC yield of 45%. This performance is well above the firm’s pre-defined target of achieving 35% BTC yield for every quarter of 2025.

In February, Metaplanet noted that it achieved a 23.2% BTC yield year-to-date and targets a 35% yield by this year.

The “Japanese MicroStrategy” has already announced its ambitious plan of accumulating 21,000 Bitcoins by the end of 2026.

Last week, the Japanese investment firm announced the issuance of $13.6 million in Zero-Interest bonds to fund additional Bitcoin investment.

Bitcoin Price Dip Favors Whales

Following Metaplanet’s recent Bitcoin accumulations, the company’s stock rallied, rising above 19%, all the way to ¥4045 at press time .

In February, the stock price increased to an all-time high around ¥6,500 levels, however, slumped nearly 50% of its gains in a few weeks, amid Bitcoin price corrections.

Further, the fresh BTC purchase comes amid the crypto’s extreme volatility and lack of sustained momentum. Hopes of a scaling down in U.S. President Donald Trump’s trade tariffs have aided risk appetite.

Having initially tumbled below $80,000 last week, Bitcoin rebounded following Trump’s announcement of five cryptos , including Bitcoin, for crypto reserve. However, this recovery was short-lived with the price dropping to $83,000 on Monday.

According to crypto analyst Ali Martinez, the slump could be the time to “start setting cash aside and get ready for a potential buy-the-dip opportunity.”

#Bitcoin $BTC Sharpe Ratio typically resets to "Low Risk" after hitting "High Risk." This could be the time to start setting cash aside and get ready for a potential buy-the-dip opportunity! pic.twitter.com/PrDsfy3Eic

— Ali (@ali_charts) March 4, 2025

He noted that whales have bought over 20,000 Bitcoin since it dipped below $88,000 on February 24. The move has signaled “strong buy-side interest at these levels,” he wrote in a separate post on X .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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