Metaplanet Boosts Bitcoin Holdings to 35,102 BTC After Completing Latest Accumulation Quarter

Source: DefiPlanet Original Title: Metaplanet Boosts Bitcoin Holdings to 35,102 BTC After Completing Latest Accumulation Quarter Original Link: https://defi-planet.com/2025/12/metaplanet-boosts-bitcoin-holdings-to-35102-btc-after-completing-latest-accumulation-quarter/

Quick Breakdown

• Metaplanet added 4,279 BTC in the quarter, bringing total holdings to 35,102 BTC at an average purchase price of ¥15.95 million per Bitcoin.
• The company reported a quarterly BTC Yield of 11.9%, with BTC gains totalling approximately ¥50.6 billion, using a fixed BTC/JPY reference price.
• Bitcoin accumulation was supported by BTC-backed credit facilities totalling $280 million and the issuance of Class B preferred shares convertible into common stock.

Metaplanet Inc. has completed another quarter of aggressive Bitcoin accumulation, reinforcing its position as one of Asia’s most active corporate Bitcoin holders. The company disclosed that it acquired 4,279 BTC during the quarter through a combination of spot market purchases and options-based strategies, at an average price of ¥16.33 million per Bitcoin, for a total spending of ¥69.86 billion.

As of December 30, 2025, Metaplanet’s total Bitcoin holdings stood at 35,102 BTC, acquired at an average cost of ¥15.95 million per coin, translating to an aggregate cost basis of ¥559.7 billion.

Bitcoin Yield Signals Ongoing Shareholder Accretion

Metaplanet reported a quarter-to-date BTC Yield of 11.9% for the period ending December 30, 2025. BTC Yield measures changes in Bitcoin held per fully diluted share and is used by the company to assess whether its Bitcoin strategy is accretive to shareholders.

While BTC Yield moderated in the most recent quarter, it remains elevated year to date. The company recorded BTC Yield figures of 33.0% in Q3 2025, 129.4% in Q2 2025, and 95.6% in Q1 2025, reflecting sustained growth in Bitcoin exposure despite share dilution from capital raises.

Capital Markets Activity Backs Bitcoin Strategy

To support its accumulation strategy, Metaplanet secured $280 million in Bitcoin-backed credit facilities during the fourth quarter, drawn under a broader $500 million program using its Bitcoin holdings as collateral. The company also fully redeemed its 19th Series of Ordinary Bonds and raised ¥21.24 billion through the issuance of 23.61 million Class B preferred shares, all of which are reflected in its fully diluted share count.

Metaplanet said its Bitcoin holdings were funded through a combination of capital market activity and operating income, underscoring its long-term commitment to Bitcoin as a core treasury asset.

Meanwhile, the organization strengthened its Bitcoin treasury strategy by acquiring an additional 103 BTC, valued at ¥1.736 billion. The purchase was made at an average price of ¥16.85 million per Bitcoin.