Metaplanet invests $67,9 million in Bitcoin and increases reserve to 4.046 BTC
- Metaplanet acquires more Bitcoin.
- Metaplanet reserve exceeds 4.000 BTC.
- Innovative strategy with Bitcoin options.
Metaplanet, a Japanese investment firm, recently announced a significant investment in BTC, with the acquisition of an additional 696 Bitcoins, bringing its total holdings to 4.046 BTC. The purchase, valued at $67,9 million, was made through an innovative strategy that combines the sale of cash-secured put options with the direct purchase of Bitcoin .
“Metaplanet Inc. announces the acquisition of additional Bitcoin conducted under its ongoing Bitcoin Treasury Operations. This purchase was executed through the assignment of previously sold cash-secured put options in connection with the Company’s Bitcoin Income Generation business line,” it announced in the document official.
In the first quarter, as highlighted by the company, the strategy proved successful, generating an operating revenue of US$ 5,2 million, exceeding expectations. Metaplanet acquired 645,74 BTC through the exercise of options and 50,26 BTC with the awards received.
“During the first quarter of FY2025, the Company continued its structured program of selling cash-secured Bitcoin put options as part of its Bitcoin Income Generation business line. This strategy generated 770.351.229 yen in operating income, equivalent to 50,26 BTC in premiums. These options were sold early in the quarter when Bitcoin prices were higher and were exercised or expired by expiration,” it highlighted.
The nominal acquisition cost was $97.512 per Bitcoin, while the effective cost, net of premiums, was $90.073 per BTC, below the market price at the start of the strategy. At the time of publication, the price of Bitcoin was quoted at $82.815,40, down 0.2% in the last 24 hours. In one week, the asset has depreciated 5.5%.
Metaplanet has positioned itself as one of the leading Japanese companies to adopt Bitcoin as part of its investment strategy. The acquisition of an additional 696 BTC reinforces the company’s confidence in the potential of the crypto asset and its long-term vision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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