Japanese publicly listed company Metaplanet has become the leading Bitcoin holder in Asia and has set up a U.S. subsidiary to raise $250 million.

Taiwan • Cryptocurrency • 05/08 04:31
Japanese publicly listed company Metaplanet has become the leading Bitcoin holder in Asia and has set up a U.S. subsidiary to raise $250 million.

The Japanese publicly traded company Metaplanet announced on May 7, 2025, that it acquired 555 bitcoins, bringing its total bitcoin holdings to 5,555, making it the publicly traded company with the largest bitcoin holdings in Asia and ranking 11th worldwide. The company has set up a wholly-owned subsidiary called Metaplanet Treasury in Florida, USA, and plans to raise $250 million to bolster its digital asset reserves.

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The Japanese publicly traded company Metaplanet announced on May 7, 2025, that it acquired 555 bitcoins, bringing its total bitcoin holdings to 5,555, making it the publicly traded company with the largest bitcoin holdings in Asia and ranking 11th worldwide. The company has set up a wholly-owned subsidiary called Metaplanet Treasury in Florida, USA, and plans to raise $250 million to bolster its digital asset reserves.

Proactive Strategy: From Japan to Global Bitcoin Expansion

Since 2024, Metaplanet has been actively promoting Bitcoin as the core of its asset allocation strategy, launching a series of large-scale Bitcoin purchases in April 2025. According to company announcements and multiple media reports, Metaplanet acquired 696 BTC for approximately $67 million in early April, followed by a purchase of 145 BTC for $13.4 million on April 24, and further increased its holdings by 330 BTC by the end of the month, reaching a total of 5,000 BTC by the end of April.

On May 7, Metaplanet announced the purchase of 555 BTC for $53.4 million, with an average purchase price of $96,134 per BTC, bringing its total holdings to 5,555 BTC, valued at over $536 million. According to BitcoinTreasuries.NET, this makes Metaplanet the largest publicly listed Bitcoin-holding company in Asia and ranks it 11th among global enterprises.

Financial Operations: Expanding Bitcoin Holdings through Zero-Coupon Bonds and Equity Financing

Metaplanet's Bitcoin acquisition efforts are primarily funded through the issuance of zero-coupon bonds and equity financing. According to official statements and public data, since early 2024, Metaplanet has raised over $244 million (approximately 35 billion yen) in collaboration with its partner Evo Fund. The latest purchase of 555 BTC was also completed through the issuance of $25 million in zero-coupon bonds, marking the company's 13th issuance of such bonds.

This approach enables Metaplanet to grow its Bitcoin holdings without diluting shareholder equity. The company also stated that the redemption funds for these bonds will come from the exercise of stock subscription rights.

U.S. Expansion: Establishing Metaplanet Treasury with a $250 Million Fundraising Goal

To further align its Bitcoin financial standards with international capital markets, Metaplanet announced on May 1, 2025, the establishment of a wholly-owned subsidiary, Metaplanet Treasury, in Florida, USA. This subsidiary will focus on fundraising and Bitcoin investment in the U.S. market, with a target fundraising amount of $250 million.

According to CEO Simon Gerovich, this move aims to "expand opportunities in the U.S. capital market and enhance global liquidity engagement." Metaplanet Treasury will serve as the company's strategic base in the U.S., assisting in further expanding Bitcoin reserves and international capital operations.

Creating a Performance Metric: BTC Yield (Bitcoin Yield)

While promoting Bitcoin financial standards, Metaplanet has also established its own performance evaluation metric, BTC Yield (Bitcoin Yield), to replace traditional operating profit or EBITDA. This metric measures the quarterly growth rate of "Bitcoin per share," reflecting the company's value appreciation in Bitcoin assets.

According to company data, BTC Yield reached 309.8% in the fourth quarter of 2024, 95.6% in the first quarter of 2025, and 21% by the beginning of the second quarter. The establishment of this metric indicates that Metaplanet views Bitcoin as a core asset and uses its growth as the primary measure of the company's operational performance.

CEO's Statement: Confidence with Humor

After announcing the latest Bitcoin purchase on May 7, CEO Simon Gerovich posted on social platform X (formerly Twitter), saying, "In Japanese, the number 5 is pronounced 'Go,' so today we can shout: Go Go Go Go! To the moon!" This humorous statement not only demonstrates the company's confidence in its Bitcoin strategy but also sparked enthusiastic responses from the community.

Global Ranking and Future Goals

According to BitcoinTreasuries.NET statistics, Metaplanet currently ranks 11th in global corporate Bitcoin holdings, just behind large North American companies like MicroStrategy. Although its holdings have not yet matched global leaders, it has firmly established its leading position in the Asian market.

Additionally, according to multiple media reports, Metaplanet has set a mid-term goal of holding 10,000 BTC by the end of 2025 and reaching 21,000 BTC by the end of 2026. While the company has not made an official statement on this goal, its recent purchasing pace and financial operations indicate a strong expansion intent.

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