Tokyo-based Metaplanet Inc. has acquired 696 Bitcoin in the first quarter of 2025 using a put options strategy, securing an average price of 13.48 million yen per BTC.
The company’s Bitcoin Income Generation business focuses on selling cash-secured Bitcoin put options to generate revenue while increasing its BTC reserves.
Bitcoin Strategy Generates Over $5 Million in Revenue
According to an April 1 regulatory filing, Metaplanet earned 770.35 million yen (~$5.15 million) in operating revenue from this strategy. The firm deployed 9.386 billion yen as cash collateral and received over 50.26 BTC in option premiums.
Additionally, it acquired 645.74 BTC when certain options were exercised. This approach helps monetize Bitcoin volatility while supporting the company’s long-term capital plans.
Metaplanet Hits 25.7% of Its Annual Revenue Goal
With its Q1 results, Metaplanet has already achieved 25.7% of its 3 billion yen full-year revenue target for this business. Future investments will be decided based on market conditions and management’s discretion.
Bitcoin Acquisition Boosts Stock by 3,000%
Metaplanet purchased these 696 BTC after raising 2 billion yen through its 10th Series of Ordinary Bonds, which was allocated to EVO FUND for more Bitcoin acquisitions.
Since the company started accumulating Bitcoin, its stock price has surged by over 3,000%, signaling strong market confidence. As previously reported, Metaplanet aims to hold 21,000 BTC by 2026.
