- Metaplanet focused on the Bitcoin strategy in the first quarter to reach a goal of 10k BTC by EOY.
- The company currently owns 6796 BTCS, and issued regular bonds worth $ 15 million earlier this week to enhance its property.
Metaplanet Inc. (Tokyo: 3350), a firm company that focuses on the Bitcoin strategy (BTC), its results in the first quarter 2025. According to the announcement, the company recorded revenues of 877 million yen, an increase of 8 percent over the quarter (QOQ) and 943.9 percent year on an annual basis (YOY).
The company announced that 88.1 percent of its revenues during the first quarter were derived from bitcoin options sales. The remaining 11.9 percent of its revenues came from the hotel’s business, which decreased slightly compared to the fourth quarter of 2024.
By the end of the first quarter, metaplanet has held around 4,046 BTC but since Bitcoin has increased to about 6,796 BTC. As a result, the company achieved a 95.6 percent BTC return during the first quarter. Company I mentioned The net assets during the first quarter of 50.4 billion yen, an increase of 197 percent QOQ.
As Coinpedia mentioned, Metaplanet benefited from the global stock market to enhance Bitcoin. With unusual support from global institutional investors, including some investor support strategy, Metaplanet aims to increase Bitcoin’s holdings to 10K by the end of 2025.
Earlier this week, Metaplanet acquired an additional 1,241 BTCS with a total amount of about 18.4 billion yen. The last purchase came after announcing last week that the company issued $ 21.25 million in regular bonds 0 percent for an additional BTCS purchase.
On Tuesday, Metaplanet announced that it had released $ 15 million in regular bonds 0 percent to buy an additional BTC in the short term.
