Share this article
Metaplanet Ups Bitcoin Holding to Over 4K BTC, Rakes Up Another 696 BTC
Metaplanet purchased the bitcoin for an average purchase price of around 14.6 million yen and has spent a total of 10.15 billion yen to buy bitcoin.
Updated Apr 1, 2025, 3:24 p.m. Published Apr 1, 2025, 9:10 a.m.
What to know:
- Metaplanet has purchased an additional 696 BTC ($58.5 million), taking its total stash to 4,046 BTC.
- The company's total BTC holdings were bought for an average price of around $86,500.57 per coin.
- Metaplanet financed its purchases in Q1 through the sale of cash secured BTC put options - futures contracts which bet on the price of the underlying asset going down.
Japanese hotel company Metaplanet (3350) has purchased an additional 696 BTC ($58.5 million), taking its total stash to 4,046 BTC.
Metaplanet purchased the bitcoin for an average purchase price of nearly 14.6 million yen ($97,500) for a total spend of 10.15 billion yen.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The company's total BTC holdings were bought for an average price of around $86,500.57 per coin.
Metaplanet financed its purchases in Q1 through the sale of cash secured BTC put options - futures contracts which bet on the price of the underlying asset going down.
These options were written at the beginning of the quarter, when BTC was scaling all-time highs above $100,000. Metaplanet said it earned 770.3 million yen in revenue using this method.
"Relative to direct spot purchase at that time, the strategy enabled the company to acquire more bitcoin per yen deployed - benefitting from premium income and a reduced effective cost basis," Metaplanet said in a statement on Tuesday.
Metaplanet's latest BTC purchase makes it the ninth largest public holder of bitcoin, according to data tracked by Bitcoin Treasuries.
The company's Tokyo-listed shares closed 2% at 409 yen on Tuesday, comfortably outperforming the Nikkei 225, which was unchanged on the day.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin drifts lower as $81.3k emerges as the market’s key fault line: Asia Morning Briefing
With large caps still tracking bitcoin and high-beta assets already weakened, Glassnode’s True Market Mean has become the line investors are watching most closely.
What to know:
- Bitcoin's True Market Mean at $81.3k is a critical level, with potential market-wide implications if breached.
- Large-cap crypto assets remain closely correlated with bitcoin, reinforcing its role as the market's anchor.
- Gold prices have surged to record highs, driven by central bank buying and geopolitical risks, with forecasts suggesting further increases.
Top Stories
