Metaplanet Boosts Bitcoin Reserves with $13.4M Purchase

Metaplanet has strengthened its holdings by purchasing 156 Bitcoin on March 3.

This latest acquisition, valued at approximately $13.4 million for $85,890 per coin, brings the company’s total Bitcoin reserves to 2,391 BTC.

Under the leadership of Simon Gerovich, the Bitcoin-stacking investment firm has now invested $196.3 million in Bitcoin at an average purchase price of $82,100 per coin. This marks a 13% increase since the firm launched its Bitcoin investment strategy in April last year.

Metaplanet has acquired 156 BTC for ~$13.4 million at ~$85,890 per bitcoin and has achieved BTC Yield of 31.8% YTD 2025. As of 3/3/2025, we hold 2391 $BTC acquired for ~$196.3 million at ~82,100 per bitcoin. pic.twitter.com/iOZyPhRhnc
— Simon Gerovich (@gerovich) March 3, 2025

Gerovich recently met with officials from the New York Stock Exchange and Nasdaq to introduce Metaplanet’s platforms and functions as part of its expansion efforts.

“We are considering the best way to make Metaplanet shares more accessible to investors around the world,”

Gerovich stated in a March 3 post on X.

This follows the company’s move to list its shares on OTC Markets in November, making its stock more accessible to international investors. OTC Markets, a US-based financial platform, provides pricing and liquidity information for approximately 12,400 over-the-counter securities, including many from global companies.

Meanwhile, Metaplanet has been one of the top-performing stocks on the Tokyo Stock Exchange over the past year, surging 1,800%, according to Google Finance data. The company also ranks as the 14th largest corporate Bitcoin holder globally, based on data from BitBo’s BitcoinTreasuries.NET.

Metaplanet is set to issue 2 billion JPY ($13.6 million) in bonds to EVO FUND to expand its holdings further in line with its aggressive Bitcoin accumulation strategy. The interest-free bonds will mature on August 26, though EVO FUND can request early redemption with at least one business day’s notice. Metaplanet plans to use proceeds from its 13th to 17th Series of Stock Acquisition Rights to facilitate bond repayment. This move follows its recent 135 BTC purchase and reinforces its position as one of Japan’s most active corporate Bitcoin investors.

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