Metaplanet Acquires 696 BTC in Q1 Through Options Strategy

A regulatory filing on April 1 revealed that the program generated approximately $5.15 million (770.35 million yen) in operating revenue. The company used 9.386 billion yen in cash collateral for this strategy, earning over 50.26 BTC in option premiums and acquiring an additional 645.74 BTC when specific options were exercised. This approach aims to create recurring income while increasing long-term Bitcoin holdings.

The Tokyo-based company emphasized that its Bitcoin Income Generation business is designed to take advantage of Bitcoin volatility, thereby supporting its broader capital plans while operating separately from its long-term Bitcoin holdings. This distinction helps the company manage risk and capitalize on market opportunities more effectively.

In line with its first-quarter results, Metaplanet achieved 25.7% of its 3 billion yen full-year revenue target for the Bitcoin Income Generation business. The company also indicated that future capital deployments will be decided at the discretion of management. Following the announcement, Metaplanet Inc.’s stock saw an immediate increase , rising by 2.00% to ¥409.00, with a gain of +8.00, as reported by Google Finance on April 1 at 6:15 PM GMT+9.

Bitcoin was acquired shortly after Metaplanet raised 2 billion yen through its 10th Series of Ordinary Bonds, which was fully allocated to EVO FUND for additional Bitcoin purchases. This move is part of the company’s broader strategy to accumulate Bitcoin, and since then, Metaplanet’s stock has surged by over 3,000%, signalling strong market interest in its approach.

In addition to its financial strategies, Metaplanet is strengthening its leadership by establishing a new advisory board, with Eric Trump as the first member. His expertise in real estate and finance aims to support Metaplanet’s objective of becoming a leading Bitcoin Treasury Company. CEO Simon Gerovich noted that the board will consist of influential figures advocating for Bitcoin adoption.

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