Japanese hotel giant Metaplanet (3350) is going big on Bitcoin as the firm just scooped up 160 BTC. The firm acquired Bitcoins for around $83,600 each, adding $13.4 million to their crypto stash. This brings their Bitcoin holdings to 4,206 BTC, and their total investment to $363.5 million.
This fresh Bitcoin purchase follows a wave of crypto moves by Metaplanet. On Monday, the company announced it had issued 2 billion yen (around $13.3 million) in zero-interest bonds, with all the funds dedicated to exclusively buying more Bitcoin.
Further, on Tuesday, Metaplanet announced it had bought 696 BTC using funds from selling cash-secured put options—yet another clever strategy to boost its Bitcoin stash. These moves reflects Metaplanet’s smart strategy to use traditional financial tools like bonds, equity-linked products, and derivatives to build one of Asia’s largest corporate Bitcoin holdings.
Metaplanet’s Bitcoin strategy is paying off big as it achieved a remarkable Bitcoin yield of 95.6% in Q1 2025 and further is off to a strong start in Q2 with a 3.9% yield.
Metaplanet currently ranks as the ninth-largest publicly traded corporate Bitcoin holder globally and the biggest in Asia. The company aims to reach 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. Metaplanet’s stock dipped slightly by 0.98% in Japan on Wednesday morning, while the Nikkei 225 stayed flat.
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Bitcoin is currently trading at $84,684, up over 0.71% in the past 24 hours.