Metaplanet Expands Bitcoin Holdings with $6.6M Investment
Tokyo-based Metaplanet made another Bitcoin purchase to increase its investment portfolio by adding 68.59 BTC. The financial worth of this transaction equals 996 million Japanese yen (approximately $6.6 million). Consequently, the company now owns 2,100 BTC as its complete Bitcoin inventory.
The company continues moving forward by adding Bitcoin to its strategic long-term goal of acquiring substantial Bitcoin reserves.
The Bitcoin strategy of Metaplanet launched on April 8, 2024, with two substantial goals to acquire 10,000 BTC by 2025 and 21,000 BTC by 2026. With the recent purchase, it has completed approximately 2.38% of its “21 Million Plan.” Under this initiative, Metaplanet issued 21 million shares of 0% discount stock acquisition rights to EVO FUND to secure funding for its Bitcoin acquisitions.
After purchasing Bitcoin the company received a 1.79% increase in its over-the-counter market share value. Before this, the company experienced a stock value decline exceeding 8% when it executed a 10-for-1 stock split to boost market liquidity.
After the company conducted its August 2024 reverse stock split that merged 10 shares into one. The rapid price jump of Metaplanet stock made it challenging for investors to enter the market which led the company to perform the stock split for better accessibility.
The company monitors BTC Yield which measures Bitcoin position changes by comparing them to the number of fully diluted shares. The firm achieved a 41.7% BTC Yield in Q3 2024 but this figure increased dramatically to 309.8% during Q4 2024. The company achieved remarkable expansion in its Bitcoin-centered operations based on these metrics which solidified its position as a prominent force in Japan’s crypto sector.
The MSCI Japan Index will incorporate Metaplanet starting on February 28 which represents a major achievement for the company. The inclusion demonstrates rising institutional approval of the company which might result in additional investor interest. Since dedicating resources to Bitcoin investments Metaplanet has reached the top position among Japanese stocks by achieving a 3,600% performance boost.
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Metaplanet Expands Bitcoin Holdings to 2,100 BTC With $6.6M Acquisition
Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million.
The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335.
0.01% of Total Bitcoin Supply
In a February 20 X post, the company highlighted that its BTC reserves now make up “0.01% of total Bitcoin supply.”
The Japanese investment firm has been rapidly increasing its Bitcoin holdings as part of its treasury operations. According to its “Bitcoin Plan,” shared on January 28, Metaplanet aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.
The outfit has significantly increased its purchases of the number one cryptocurrency since mid-2024 when it started using it as a way to protect against inflation.
This latest acquisition comes shortly after a previous one earlier this week, where the firm bought 269.43 BTC worth $25.6 million, bringing its total holdings to 2,031 BTC. Before that, Metaplanet had made several other purchases, including its largest one to date in December 2024, when it obtained nearly 620 BTC worth $60.6 million.
CEO Simon Gerovich has said that adopting the Bitcoin Standard has been a game-changer, helping establish Metaplanet as Tokyo’s top BTC-focused company. Over the past year, its stock price has surged by more than 4,000%. Additionally, the firm is set to be included in the MSCI Japan Index on February 28, a move expected to attract more investors.
Capital Market Activities
Metaplanet has been growing its reserves through its Bitcoin Treasury Operations, which officially became a business line on December 18, 2024.
The company has been funding these purchases using capital market activities and its revenue. In line with this, its Board of Directors has approved several financial moves.
On January 28, 2025, it issued 21 million stock acquisition rights to EVO FUND in five tranches with an adjustable exercise price. On February 10, it also issued zero-coupon bonds worth 4 billion yen to EVO FUND, with the money set aside to buy Bitcoin.
By February 13, Metaplanet had received the full 4 billion yen and adjusted its spending to speed up BTC acquisitions. On February 19, it redeemed 2 billion yen of these bonds early, using money from EVO FUND’s exercise of stock acquisition rights.
Between February 18 and 19, just over 11% of the 13th Series of stock acquisition rights were exercised, raising 3.02 billion yen and contributing 2.38% toward Metaplanet’s “21 Million Plan.”
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Cardano’s Staking Rewards to Increase by 30%
A pro-Cardano content creator on YouTube revealed a new feature on the blockchain that could let ADA stakers earn up to 30% more staking rewards through the protocol’s Staking Baskets.
Speaking with Cardano founder Charles Hoskinson and Tim Harrison, EVP of Community and Ecosystem at Input Output, the content creator mentioned that Cardano devs have found a way to achieve this extra reward by using the Staking Basket smart contracts.
The three Cardano figures met at the Rare Evo 2024 event in Las Vegas. During their discussion, the YouTuber explained to Hoskinson and Harrison that his dev group has built a solution into the Cardano Staking Basket smart contract where users can deposit a minimum of 10 ADA and potentially earn 15% more ADA compared to those not using the solution.
In the discussion, the Cardano dev told Hoskinson and Harrison that he and his team members had been working on the project for about a year$ADA
Cardano Founder Launches $1 Million Challenge to ADA Community.
Cardano founder Charles Hoskinson has announced a $1 million challenge to the ADA community.
At the recent Rare Evo 2024, Hoskinson revealed a 1 million USDM bounty available for anyone who could hack a Lace Paper Wallet.
The Cardano founder shared a clip on X announcing the challenge and a tweet that read, "If you can hack it, you can keep it." "One million dollars." The challenge invites members of the ADA community to attempt to hack the Lace Paper Wallet and thus contribute to securing the platform.
In a significant milestone, Cardano Web3 wallet Lace has introduced a completely new security feature: the Paper Wallet feature, which makes Lace even easier to protect — users with existing PGP keys can now restore their wallet with a single encrypted QR code.
Lace emphasizes its focus on security, and the addition of the new Paper Wallet feature represents a significant move in this regard. To mark this milestone, Lace has launched the Lace Paper Wallet Bug Bounty Program to prove Lace's security.$ADA