Japanese-based firm Metaplanet has bought a total of 1,004 BTC on May 19, 2025, at an average purchase price of 15,134,104 yen per Bitcoin. This brings the company’s BTC holdings to 7,800 BTC.
The company surpassed El Salvador in Bitcoin holdings after its previous purchase of 1,241 BTC on May 12.
Metaplanet has been steadily accumulating BTC since 2024. To fund these acquisitions, the company has been issuing bonds, which are typically zero-coupon and non-interest-bearing. The bonds can be redeemed early through stock acquisition rights. From May 1, 2025, to May 16, 2025, a total of 94,140,000 shares were issued through the exercise of the 15th, 16th, and 17th Series of Stock Acquisition Rights. As of May 16th, 2025, the total number of shares outstanding is 593,214,340.
BTC yields on investment have been positive with gains of 41.7% in Q3 2024, 309.8% in Q4 2024, 95.6% in Q1 2025, and 47.8% from April 1, 2025, to May 19, 2025.
Metaplanet is the largest corporate holder of Bitcoin in Japan and the tenth largest holder of Bitcoin globally. Business intelligence firm Strategy—the largest holder of BTC in the world—has also been regularly accumulating bitcoins.