TLDR
- Metaplanet has acquired 162 Bitcoin for $13.5 million at an average price of $83,123
- The Japanese company announced a ¥2 billion ($13.5 million) zero-coupon bond offering to Evo Fund to purchase more Bitcoin
- Metaplanet currently holds 3,050 BTC valued at $253.7 million, approaching the $1 billion mark
- The company achieved a year-to-date Bitcoin yield of 53.2% in 2025
- Metaplanet was formerly a budget hotel operator and plans to convert Tokyo’s Hotel Royal Oak Gotanda into “The Bitcoin Hotel”
Metaplanet, a Japanese public company formerly known as a budget hotel operator, has announced the purchase of 162 Bitcoin for $13.5 million. The acquisition was made at an average price of $83,123 per Bitcoin.
The Tokyo-based company has also issued zero-coupon bonds worth two billion yen ($13.5 million) to Evo Fund. These bonds do not pay interest, unlike traditional bonds.
Metaplanet plans to use the money raised through this debt offering to purchase more Bitcoin. This move aligns with the company’s ongoing strategy to increase its cryptocurrency holdings.
Under the terms of the offering, Evo Fund will have the option to demand full repayment of the bond before maturity. This gives the fund flexibility in its investment.
Metaplanet Issues 2 Billion JPY in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/PpihQIThSh
— Metaplanet Inc. (@Metaplanet_JP) March 12, 2025
With this latest purchase, Metaplanet now holds 3,050 Bitcoin. The company’s current Bitcoin holdings are valued at $253.7 million, based on an average acquisition price of $83,180 per Bitcoin.
Some reports suggest Metaplanet’s Bitcoin holdings are approaching the $899 million mark. This discrepancy may be due to fluctuations in Bitcoin’s market value since the time of reporting.
The company has achieved a year-to-date Bitcoin yield of 53.2% in 2025. This yield represents the percentage change in the ratio of Bitcoin holdings to fully diluted shares outstanding over a given period.
Metaplanet has transformed itself from a budget hotel business into one of the top corporate holders of the leading cryptocurrency. This strategic pivot has drawn attention from investors and the cryptocurrency community.
The company’s stock experienced tremendous gains last year. Metaplanet shares soared by a reported 4,000% as investors responded to its Bitcoin acquisition strategy.
However, the company’s shares have recently declined. At the time of writing, Metaplanet shares were trading at 3,630 yen, down almost 50% from their all-time high in February.
Despite this recent stock price decline, Metaplanet continues to pursue its Bitcoin strategy aggressively. CEO Simon Gerovich has expressed urgency about acquiring more Bitcoin.
During an appearance on the Coin Stories Podcast with Natalie Brunell, Gerovich said he was “nervous” about not having enough time to purchase Bitcoin. He stated,
“Every time I think about Bitcoin, I get really nervous that we’re running out of time.”
Metaplanet isn’t abandoning its hotel business. Last month, the company announced that its hotel business operating profits grew by 44% in 2024.
As part of its strategy to blend its hotel operations with its Bitcoin focus, Metaplanet has revealed plans to convert Tokyo’s Hotel Royal Oak Gotanda into “The Bitcoin Hotel.” This move represents a fusion of the company’s traditional business and its new cryptocurrency focus.
The company continues to make regular Bitcoin purchases. Earlier announcements indicated that Metaplanet added 156 BTC in one week during a market dip in early March 2025.
