Tokyo’s Metaplanet Buys 4,279 BTC, Holding 35,102 BTC Targets

Metaplanet buys 4,279 BTC (~$451M) in Q4, lifting holdings to 35,102 BTC as it targets 210,000 BTC by 2027; derivatives unit to add ~$55M in annual revenue, mNAV just above 1.

  • Metaplanet bought 4,279 Bitcoin in Q4, spending about $451 million.
  • The purchase lifted holdings to 35,102 BTC, the fourth largest among publicly traded firms.
  • The firm has spent roughly $3.8 billion so far and targets 210,000 BTC by end of 2027.
  • Its derivatives-based income unit is expected to generate about $55 million in fiscal-year revenue, and the firm’s mNAV stands just above 1.

Metaplanet, a Tokyo-listed investment and operating company focused on bitcoin treasury management, bought 4,279 bitcoin in the fourth quarter, spending about $451 million, according to a post on X. The purchase averaged roughly $105,400 per bitcoin.

- Advertisement -

The acquisition raised the company’s total to 35,102 BTC, making it the fourth largest bitcoin holder among publicly traded companies. The firm maintains a target of owning 210,000 BTC by the end of 2027.

The company has now spent about $3.8 billion at an average purchase price near $107,600, per the company’s dashboard. Its shares rose 8% this year, closing at ¥405 (about $2.60).

Metaplanet has also built a bitcoin income generation business that uses derivatives to produce recurring revenue while supporting long-term bitcoin holdings, as noted in a company post. The unit is expected to generate around $55 million in revenue for the full fiscal year.

Derivatives: financial contracts whose value is derived from underlying assets, such as bitcoin.
mNAV: multiple to net asset value, a metric calculated as market capitalization plus total debt divided by bitcoin net asset value. The firm’s mNAV hovers just above 1.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Nvidia’s OpenAI Investment Could Be Its Last Before IPO

NVIDIA CEO Jensen Huang indicated the company's recent $30 billion investment in OpenAI may...

Bitcoin Outperforms Oil, Gold in US-Iran War Shock

Bitcoin has surged 12.1% since the onset of the US-Israeli conflict with Iran, outperforming...

Tradeweb Leads $31M Crypto Platform Crossover Series B

Tradeweb is leading a $31 million Series B in Crossover Markets, valuing the crypto...

Crypto Stocks Surge After Trump Backs Bitcoin Bill

Coinbase stock surged over 15% after former President Donald Trump expressed support for a...

Kraken Gets Fed Master Account, Banks Cry Foul

Kraken secured a Federal Reserve master account on Wednesday, becoming the first crypto bank...

Must Read

How To Travel With Bitcoin: 9 Travel Companies Accepting Bitcoin

Bitcoin travel is a reality, as several travel companies now accept payments in cryptocurrencies for their services.Those who have opened a Bitcoin account on...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!