Metaplanet Stock Shoots 8% on News of 162 Bitcoin Purchases

Bhushan Akolkar
March 12, 2025
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Metaplanet Stock Shoots 8% on News of 162 Bitcoin Purchases

Highlights

  • Metaplanet acquired 162 BTC worth $13.5 million at an average price of $83,123 per coin.
  • The Japanese firm issued 2 billion JPY in bonds at a 0% interest rate to fund additional BTC purchases.
  • Despite Bitcoin’s selling pressure, whales have accumulated over 65,000 BTC in the past 30 day.

Metaplanet, also popular as Japan’s MicroStrategy, announced a fresh purchase of 162 bitcoins for an investment value of $13.5 while buying the recent BTC dips. The announcement sent the stock price 8% higher past 3,500 JPY levels on Wednesday’s trading session. Furthermore, the company issued 2 billion JPY worth of bonds at 0% rate to fund additional BTC purchases.

Bitcoin price selling pressure has shot up this week ahead of the US CPI data release and macro uncertainties amid the Trump tariff war.  The Japanese firm seems to be making the most of this opportunity by buying the dips.

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Metaplanet Stock Jumps 8% on Fresh Bitcoin Purchases

On Wednesday, Metaplanet announced its latest Bitcoin acquisition, purchasing 162 BTC for approximately $13.5 million, with an average purchase price of $83,123 per Bitcoin. Additionally, the company reported a year-to-date (YTD) BTC yield of 53.2% in 2025, delivering impressive returns despite a volatile crypto market.

As of March 12, 2025, Metaplanet holds a total of 3,050 BTC, acquired at a cumulative cost of roughly $253.7 million, with an average purchase price of $83,180 per Bitcoin. Nearly 50% of its total BTC holdings have been purchased in 2025 so far only.

Earlier today, the firm announced that its Board of Directors has approved the issuance of its 8th Series of Ordinary Bonds to EVO FUND. The JPY 2 billion (approximately $18.2 million) bond issuance is part of the company’s strategy to acquire Bitcoin. The announcement comes just two days after MicroStrategy announced its plans to raise $21 billion for Bitcoin purchases.

According to the notice, the funds raised will be specifically allocated for Bitcoin purchases, as per the plans detailed in its January 28, 2025 notice regarding Stock Acquisition Rights.

Following today’s development, the stock price gained 7.93% moving all the way to 3,605 levels. Amid the current market volatility, the stock has been range bound between 3,300 to 4,000 JPY levels.

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BTC Whale Accumulation on the Rise

Despite the strong selling pressure in BTC over the past few weeks, long term holders and Bitcoin whales have been strategically accumulating at every fall. As per the data from CryptoQuant, Bitcoin whales have accumulated over 65,000 BTC in the last 30 days, even as the cryptocurrency faces ongoing market corrections.

Source: CryptoQuant

While the accumulation may not have an immediate impact on Bitcoin’s short-term price, it indicates significant absorption by influential holders. BTC’s price is currently holding above the crucial support of $80,000; however, there have been rising calls for a dip under $70,000 before the long-term uptrend is resumed.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.