Since the past few quarters a shift in interest institutional stance towards cryptocurrencies has been observed with several acquiring Bitcoin as their investment strategy.
As per a recent X post of Metaplanet, the company has brought 269.43 BTCs for an average price of $95,000 per coin, with a total purchase of $25.6 million. With this surge in buying, Metaplanet now holds 2,031.41 BTC, valued at $195.08 million and the average price of each Bitcoin is $78,000 Bitcoin.
The available information states in Q1, 2025 the reported yield for the company’s holdings was 15.3 percent, registering an unprecedented surge of 309 percent since the last quarter of 2024.
Metaplanet’s Bitcoin holdings grew over 1000% in 2024
From the beginning till the last quarter of 2024, Metaplanet continued to boost its Bitcoin holding and in mid-year, the reported holding was 141 BTC but in the year closing the reported holding was 1,760 Bitcoin.
In terms of Bitcoin holding, Metaplanet is the 11th most significant company, yet the topper of the list is MicroStrategy with 444,262 Bitcoin as a balance.
Experts argue that Metaplanet’s Bitcoin holding grew at a pace of 1146 percent in the previous year, making it the firm with the most Bitcoins held by any Japanese company.
Did Metaplanet stock mimic its Bitcoin growth?
After the mainstream adoption and institutional buying of Bitcoin, the stock of companies holding BTC has shown a major change in their trading prices. Similarly TYO: 3350 the stock of Metaplanet grew over 1.80 percent on February 17, 2025, and closed trading at 6,020 JPY.
It is worth noting that the stock added JPY 420 in the weekly time frame. At the same time, it was trading above 20, 50, and 100 days EMA.
Till February 17, 2025, the market cap was 213.78 Billion JPY, which grew more than 60 percent in the year-to-date time frame. On December 30, 2024, the recorded market capitalization was 126.19 billion, and on December 29, 2023, it was 1.95 billion.
Metaplanet reported revenue in the last quarter of 2024 was 811.59 million JPY, with a net income of 6.72 billion JPY and a net margin of 828 percent.
According to the data from TradingView, Metaplanet’s majority of income is gathered from its operations in Japan and Thailand, around 32.82 million TYO: 3350 shares are free-floating, and roughly 3.35 million are closely held.
Crypto market price updates
Until publishing the crypto market capitalization was $3.19 trillion with a decline of 1.19 percent and the trading volume was $66.39 billion with a surge of 13.47 percent.
At the same time, Bitcoin was exchanging hands at $96,342 with an intraday decline of 1.04 percent, and in the weekly frame, it lost 1.04 percent. According to CoinMarketCap the intraday gainer’s list has been ruled by PanCakeSwap grew roughly 9 percent, followed by Sonic, Ronin, The Graph, Cardano, and Quant.
