Bitcoin Whale Metaplanet Gobbles Up 555 More BTC as Stock Soars 41% Weekly

By: coin central|2025/05/07 17:15:01
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TLDR:Metaplanet announced plans to raise $25 million for Bitcoin purchases through its 13th Series of Ordinary BondsThe company added 555 BTC to its treasury, bringing total holdings to 5,555 BTC acquired at an average price of $86,672Metaplanet stock jumped 12% following the announcement and is up 41% weeklyBitcoin price is hovering around $96,500 as US-China trade talks are set to resumeMetaplanet is expanding with a new Florida subsidiary aimed at raising $250 million from US capital marketsMetaplanet Inc., often referred to as “Japan’s MicroStrategy,” has announced plans to raise $25 million through its 13th Series of Ordinary Bonds to fund new Bitcoin acquisitions. The company’s stock jumped 12% following the announcement, adding to its weekly gains of 41% as investors react to its crypto-focused strategy.*Metaplanet Issues 25 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC* pic.twitter.com/ruPsX85Ot1— Metaplanet Inc. (@Metaplanet_JP) May 7, 2025The Tokyo-listed firm disclosed it recently purchased 555 Bitcoin for approximately $49.6-53.4 million at an average price of $96,134 per coin. This latest acquisition brings Metaplanet’s total Bitcoin holdings to 5,555 BTC with a cumulative cost of around $481.5 million, averaging $86,672 per Bitcoin.Metaplanet has been following a Bitcoin accumulation strategy similar to MicroStrategy’s, working toward its goal of holding 10,000 BTC in its treasury by the end of 2026. The company has been on an aggressive buying spree since the beginning of 2025, with its stock price already up 33% year-to-date.Through its partner EVO FUND, Metaplanet has issued multiple tranches of zero-coupon bonds and stock acquisition rights since early 2024, raising over ¥35 billion (approximately $230 million). These proceeds have been directed into Bitcoin purchases, with each funding round closely tied to new acquisitions.Global Expansion and Market PerformanceMetaplanet is not limiting its strategy to Japan. The company recently opened a Miami office and announced plans to establish a wholly-owned US subsidiary in Florida called Metaplanet Treasury Corp. This new entity aims to raise up to $250 million to accelerate the company’s Bitcoin accumulation strategy.CEO Simon Gerovich explained that the move is designed to tap into American capital markets and expand 24/7 access to global liquidity. The company’s Bitcoin-centric KPI, BTC Yield, has shown strong growth over three consecutive quarters: 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in Q2 of this year.The timing of Metaplanet’s latest Bitcoin purchase coincides with news that China and the United States will resume trade talks. China’s Vice Premier He Lifeng is expected to meet US Treasury Secretary Scott Bessent in Switzerland from May 9 to 12, marking the first formal economic discussions between the two powers since President Donald Trump reimposed tariffs on Chinese imports.Bitcoin’s price has remained strong amid these developments, trading at around $96,500, up 2.1% in the last 24 hours according to CoinGecko data. Investors are watching Bitcoin, gold, and Treasuries for macro cues as they navigate rate policy and geopolitical uncertainties.Bitcoin (BTC) PriceThe BlackRock Bitcoin ETF (IBIT) has seen 16 consecutive days of inflows, contributing to a total of $5.13 million in Bitcoin ETF inflows over the past three weeks. ETF Store president Nate Geraci noted the success of these products, saying: “I remember when naysayers didn’t think spot bitcoin ETFs would take in $5bil total last yr. As in all spot bitcoin ETFs. IBIT alone has done this in a few weeks more than a yr after launch.”Source: SantimentThe world’s largest cryptocurrency is currently testing key resistance levels, with many investors preparing for a potential breakout above $100,000. If successful, this could trigger a rally to fresh all-time highs in the near future.China has set clear conditions for the upcoming trade talks, warning against “coercive and blackmailing tactics” and emphasizing that negotiations must be based on mutual respect. This follows weeks of uncertainty in Washington, with President Trump claiming to have spoken “many times” with China’s President Xi Jinping.The post Bitcoin Whale Metaplanet Gobbles Up 555 More BTC as Stock Soars 41% Weekly appeared first on CoinCentral.

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