Key Takeaways
- Metaplanet now holds 5,000 BTC, worth $460 million, halfway to its 2025 goal.
- Recent acquisitions were funded through stock issuance at an average price of $93,327 per bitcoin.
- A new bitcoin-focused firm, Twenty One, is launching with 42,000 BTC from major financial backers.
Metaplanet, a Japanese investment firm, has reached a major milestone with 5,000 BTC in its treasury, after acquiring an additional 145 BTC for 1.93 billion yen ($13.6 million).
This brings the company halfway to its 10,000 BTC target by the end of 2025.
CEO’s Vision for Bitcoin leadership
CEO Simon Gerovich posted on X:
We have reached 50% of our initial goal of 10,000 BTC by the end of 2025. We will lead the global bitcoin race from Japan.
5,000 BTCを突破しました 🚀
— Simon Gerovich (@gerovich) April 24, 2025
2025年末までに10,000 BTCという初期目標の50%に到達。世界有数のビットコイン保有企業を目指す中で、大きな一歩となりました。日本から、世界のビットコインレースを牽引していきます。 pic.twitter.com/u86xdc6bYV
Funding & valuation details
The recent purchase was funded through the sale of company shares, with Bitcoin acquired at an average price of 13,280,472 yen ($93,327).
Metaplanet has now spent approximately $428.1 million on its 5,000 BTC stash, which is currently worth around $460 million.
Corporate standing & performance metrics
The company ranks among the top corporate Bitcoin holders globally, joining the likes of Strategy, Tesla, MARA, and Block.
It tracks a proprietary performance metric called BTC Yield — measuring Bitcoin accumulation relative to share dilution — which has risen 121.1% year-to-date.
Despite a 31.6% drop in share price over the past month, Metaplanet’s stock remains up over 1,000% year-over-year.
New entrants in the Bitcoin space
Meanwhile, new players are entering the corporate Bitcoin race.
A new venture, Twenty One, is launching with 42,000 BTC contributed by Tether, SoftBank, Bitfinex, and Cantor Fitzgerald.
The company, led by Jack Mallers, plans to prioritize Bitcoin ownership over fiat earnings.
Institutional Bitcoin accumulation
Institutions and sovereign wealth funds also accelerated their Bitcoin accumulation in April, contributing to a 13% monthly price gain.
