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Metaplanet Snaps Up 162 BTC in $13.5M Buy Amid Market Jitters

Metaplanet Snaps Up 162 BTC in $13.5M Buy Amid Market Jitters

Tronweekly
Author:
Tronweekly
Release Time:
2025-03-13 00:00:00
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Tronweekly 22

  • Metaplanet bought 162 BTC for $13.5M at an average price of $83,123 per BTC.
  • Firm now holds 3,050 BTC worth $253.7M, aiming for 10,000 BTC by 2025’s end.
  • Issued $18.2M Bitcoin bond to fund acquisitions, mirroring MicroStrategy’s expansion strategy.

Japan’s Metaplanet made another bold move into Bitcoin, purchasing 162 BTC for approximately $13.5 million. The latest buy came at an average price of $83,123 per Bitcoin, reinforcing the firm’s aggressive strategy to expand its crypto holdings despite market turbulence.

As of March 12, 2025, Metaplanet holds 3,050 BTC, with a total acquisition cost nearing $253.7 million. The company has been ramping up purchases this year, acquiring nearly half of its Bitcoin reserves in 2025 alone. Its long-term goal is to reach 10,000 BTC by the end of this year and 21,000 BTC by 2026.

メタプラネットが追加で162ビットコインを購入。 pic.twitter.com/dOmw1K5HFG

— Metaplanet Inc. (@Metaplanet_JP) March 12, 2025

Metaplanet has demonstrated its growing commitment to Bitcoin even as macroeconomic uncertainties weigh on the broader market. The firm’s latest buy follows its recent addition of 497 BTC earlier this month, strengthening its position as a major corporate Bitcoin holder.

Metaplanet Issues $18.2M Bitcoin Bond

In addition to direct purchases, Metaplanet has turned to strategic funding methods to finance its acquisitions. Earlier today, Metaplanet announced that its Board of Directors approved the issuance of its 8th Series of Ordinary Bonds to EVO FUND. This bond issuance, worth 2 billion JPY (approximately $18.2 million), is expected to further bolster its Bitcoin reserves.

Metaplanet

Source: Metaplanet Inc.

The firm’s funding strategy mirrors that of MicroStrategy, which recently unveiled plans to raise $21 billion for additional Bitcoin purchases. The company has been utilizing 0% interest bonds to fuel its expansion.

Metaplanet’s Bitcoin bet has already paid off handsomely. Between July and September 2024, the firm recorded a 41.7% BTC yield, but its gains skyrocketed to 309.8% in the fourth quarter. So far in 2025, the firm has achieved a 53.2% BTC yield, highlighting the benefits of its deepening exposure to Bitcoin’s price movements.

Bitcoin Faces Market Uncertainty

The company’s buying spree coincides with a turbulent period for Bitcoin. U.S. policy shifts, including Trump’s Bitcoin reserve proposal and new tariffs, have pressured the market. Meanwhile, Crypto ETFs saw $5B in outflows over three weeks, with Bitcoin and Ethereum losing $1.8B and $756M, respectively.

Despite this downturn, the Fear and Greed Index has moved into “fear” territory—an indicator that, in previous cycles, has often preceded a market rebound. Some analysts believe the market is at a crossroads, debating whether Bitcoin’s dip is a short-term correction within an ongoing bull cycle or the beginning of a prolonged price discovery phase.

For long-term investors like Metaplanet, such conditions often present a prime opportunity for accumulation. If Bitcoin maintains key support levels, the company’s latest purchase could prove to be another strategic move in its growing crypto playbook.

Related Readings | Chainlink Dips 30%, But Whales Are Buying – Trend Reversal Ahead?

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