TLDR
- Japanese hotel developer Metaplanet borrowed $13.5 million (¥2 billion) to purchase more Bitcoin
- The company currently owns 3,050 BTC valued at $253.7 million
- Metaplanet issued zero-interest bonds to fund Bitcoin acquisitions
- The firm claims to own more BTC than any other publicly traded Asian company
- CEO Simon Gerovich stated they are “buying the dip” as Bitcoin prices have fallen
Metaplanet, a Japanese hotel developer and Bitcoin treasury firm, has taken out a ¥2 billion loan (about $13.5 million) to add more Bitcoin to its holdings. The company announced this move on Tuesday evening through its X account.
The loan comes in the form of zero-interest ordinary bonds. This money will help the company buy more Bitcoin as part of its long-term strategy.
Metaplanet has already purchased 162 Bitcoin with this loan. They paid an average price of $83,123 per Bitcoin for this latest batch.
Metaplanet now holds a total of 3,050 Bitcoin
With this new purchase, Metaplanet now holds a total of 3,050 Bitcoin. These holdings are worth about $253.7 million at current prices.
The company has paid an average of $83,180 per Bitcoin across all of its purchases. This shows they have been buying at fairly high prices in recent months.
Metaplanet has a goal to own 21,000 Bitcoin by 2026. This is an interesting target as it matches the maximum supply of Bitcoin that will ever exist (21 million).
The firm claims it owns more Bitcoin than any other publicly traded company in Asia. This makes it a leader in corporate Bitcoin adoption in the region.
Before adopting its Bitcoin strategy in 2024, Metaplanet had struggled for years. The company had reported losses for six years in a row.
The situation has changed since they started buying Bitcoin. The company is now reporting profits, turning around its financial situation.
Among the top performing equities last year
Metaplanet’s stock was among the best-performing equities last year. This shows investor support for their Bitcoin strategy.
However, the company’s shares have recently dropped from their high point. They are currently trading at 3,630 yen, which is nearly 50% below their all-time high reached in February.
Despite this drop in share price, Metaplanet continues to buy Bitcoin. CEO Simon Gerovich posted on X that the company is “buying the dip.”
The term “buying the dip” refers to purchasing an asset when its price has fallen. Many Bitcoin investors see price drops as good times to add to their holdings.
Metaplanet reports its “Bitcoin yield” is 53.2% for the year to date in 2025. This metric shows the percentage change in the ratio of Bitcoin holdings to fully diluted shares over a given period.
This high yield percentage suggests that their Bitcoin strategy has been working well so far this year. The company seems committed to continuing this approach despite recent market volatility.
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