The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.
Updated Mar 12, 2025, 8:34 a.m. UTCPublished Mar 12, 2025, 8:30 a.m. UTC
Japanese hotel company Metaplanet (3350) has acquired 162 bitcoin (BTC) for $13.5 million at an average price of $83,123 per bitcoin, achieving a year-to-date bitcoin yield of 53.2%.
The BTC yield represents the percentage change in the ratio of bitcoin holdings to fully diluted shares outstanding over a given period. As of March 12, Metaplanet holds 3,050 BTC valued at $253.7 million, with an average acquisition price of $83,180 per bitcoin.
Additionally, the company has issued 2 billion JPY ($13.5 million) in zero interest ordinary bonds to fund further bitcoin acquisitions. At the time of writing, Metaplanet shares were
trading at 3,630 yen, down almost 50% from it's all-time high in February.
James Van Straten
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).