{"id":128750,"date":"2025-05-07T08:16:17","date_gmt":"2025-05-07T08:16:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128750"},"modified":"2025-05-07T08:16:17","modified_gmt":"2025-05-07T08:16:17","slug":"metaplanet-reaches-5555-bitcoin-milestone-with-latest-555-btc-buy","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128750","title":{"rendered":"Metaplanet reaches 5,555 Bitcoin milestone with latest 555 BTC buy"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsJapan\u2019s Metaplanet purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC, valued at over $536 million at current prices.<br \/>\nOn May 7, the Tokyo-listed firm disclosed that it spent $53.4 million acquiring 555 Bitcoin (BTC) at an average price of $96,134. The company now holds 5,555 BTC, purchased for $481.5 million at an average price of $86,672 per Bitcoin, according to CEO Simon Gerovich.<br \/>\nThe company also announced the issuance of another $25 million in zero-coupon ordinary bonds to fund its ongoing BTC buys. Since early 2024, the firm has raised over 35 billion yen ($244 million) through zero-coupon bonds and stock acquisition rights via its partner, Evo Fund.<br \/>\nThe company\u2019s proprietary key performance indicator, BTC Yield, has surged in recent quarters, reaching 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in the current quarter.<br \/>\n\u201cIn Japanese, the number 5 is pronounced \u201cGo,\u201d so today we\u2019re shouting: Go go go go \u2014 to the moon and beyond!\u201d Gerovich said in a post on X.<br \/>\nSource: Simon GerovichRelated:\u00a0Eric Trump joins Metaplanet\u2019s strategic board of advisers<br \/>\nMetaplanet announces US subsidiary<br \/>\nOn May 1, Metaplanet announced plans to launch a wholly owned US subsidiary, Metaplanet Treasury, based in Florida. The entity plans to raise up to $250 million to further its Bitcoin strategy and tap US capital markets.<br \/>\nMetaplanet is Asia\u2019s largest public corporate holder of Bitcoin and ranks 11th globally, according to BitcoinTreasuries.NET.<br \/>\nAt the beginning of April,\u00a0the firm announced its acquisition of 696 BTC for 10.2 billion yen ($67 million). Later that same month, the firm\u00a0acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to 4,855.<br \/>\nOn April 24, the firm disclosed it bought an additional 145 BTC for $13.4 million,\u00a0boosting its total holdings to 5,000 BTC.<br \/>\nIts shares surged 11% by midday on the Tokyo exchange, according to data from Google Finance.<br \/>\nMagazine:\u00a0Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review<a href=\"https:\/\/cointelegraph.com\/news\/metaplanet-bitcoin-milestone-5555-btc?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsJapan\u2019s Metaplanet purchased an additional 555 Bitcoin as part of its aggressive accumulation strategy, bringing its total holdings to 5,555 BTC, valued at over $536 million at current&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128750"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128750"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128750\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128750"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}