- Metaplanet’s BTC stack hits 5,555 with ¥71.76B spent, averaging ¥12.9M per coin after latest ¥7.67B purchase of 555 BTC.
- BlackRock ETF now holds 620,252 BTC worth $58.17B, fully backed with no leverage, swaps, or synthetic assets disclosed.
- Bitcoin per 1,000 Metaplanet shares grew 870% in 10 months, outpacing dilution through aggressive and structured BTC buys.
Metaplanet Inc. has expanded its Bitcoin holdings with a new 555 BTC purchase, totaling 5,555 BTC overall. The Bitcoin transaction brings the company’s average acquisition cost to ¥12,918,667 per BTC, amounting to ¥71.763 billion invested in Bitcoin.
Metaplanet Reports Strategic Bitcoin Expansion
The company, acquired the latest Bitcoin tranche at ¥13,824,064 per BTC, spending ¥7.672 billion for the 555 BTC. According to a post by Simon Gerovich, Metaplanet has achieved a 136.7% BTC Yield year-to-date, marking significant Bitcoin growth. The company now holds 5,555 BTC, acquired at an average of ~$86,672 per Bitcoin.
This aggressive Bitcoin strategy comes after a multi-phase Bitcoin acquisition campaign beginning in Q3 2024 with 506.745 BTC. As of May 7, 2025, Metaplanet’s reported holdings reflect a 1,293% increase in Bitcoin over seven months. The corresponding Metaplanet share issuance rose from 181 million to 518 million during the same timeframe, aligned with its Bitcoin treasury approach.
BlackRock ETF Posts Record 620,252 BTC
A separate Bitcoin development signals another turning point in institutional Bitcoin adoption with BlackRock’s iShares Bitcoin Trust. According to a report by Lookonchain, the ETF now holds 620,252.41610 BTC, valued at $58.17 billion, representing a 100% Bitcoin portfolio allocation. The ETF also maintains a negligible $122,992.58 in USD cash for operational purposes, with BTC at the core.
The fund’s Bitcoin holdings directly track the market, with no leverage, swaps, or synthetic positions disclosed. All assets are physically backed, confirming full Bitcoin custody of the digital currency. Daily BTC transfers from Coinbase Prime to the ETF wallet confirm structured and ongoing Bitcoin accumulation.
The ETF’s structure reflects a tightly managed Bitcoin vehicle, designed to provide direct exposure. Each BTC transfer is often 300 BTC, occurs without intermediary movement or price manipulation. Transaction timing indicates consistent demand from institutional clients or managed funds.
BTC Metrics Show Strong Yield and Yen Gain
Between July 1, 2024, and May 7, 2025, Metaplanet reported BTC Yields of 41.7%, 309.8%, 95.6%, and 21.0%. BTC Gain figures stood at 59, 1,236, 1,684, and 850 BTC, with corresponding BTC ¥ Gain values of ¥796M, ¥16.716B, ¥22.789B, and ¥11.497B—all tied to Metaplanet’s structured Bitcoin positions.
Fully Diluted Shares Outstanding rose from 454.2 million to 652.1 million across the same periods. Meanwhile, Bitcoin per 1,000 diluted shares grew from 0.0008781 to 0.0085177. These metrics reflect Bitcoin accumulation outpacing equity dilution through structured treasury operations at Metaplanet.
BTC/JPY conversions used a reference rate of ¥13,529,205 based on Bitflyer closing prices. This consistency ensures fair reporting of yen-denominated Bitcoin performance. Metaplanet maintains this methodology for accurate performance assessment tied to its Bitcoin treasury strategy and BTC financial disclosures.
