Metaplanet Acquires 555 More Bitcoin as US-China Trade Talks Set to Resume

By: bitcoin ethereum news|2025/05/07 19:15:01
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TLDR Metaplanet purchased 555 more Bitcoin, bringing total holdings to 5,555 BTC worth over $480 million The company plans to raise $25 million through zero-coupon bonds for further Bitcoin acquisitions US and China have agreed to resume trade talks in Switzerland from May 9-12 Metaplanet stock surged 12% following the Bitcoin purchase announcement Bitcoin price is currently trading around $96,500, with investors eyeing a potential $100K breakout Metaplanet, often referred to as “Japan’s MicroStrategy,” has purchased an additional 555 Bitcoin worth approximately $49.6 million, bringing its total holdings to 5,555 BTC valued at over $480 million. The Tokyo-listed company disclosed this latest acquisition as US-China trade tensions show signs of easing. The purchase comes as Beijing and Washington signal a willingness to resume economic dialogue. China has confirmed Vice Premier He Lifeng will meet US Treasury Secretary Scott Bessent in Switzerland from May 9 to 12, marking the first formal economic talks between the two powers since President Donald Trump reimposed tariffs on Chinese imports. China’s Ministry of Commerce stated the meeting follows “repeated” efforts by senior US officials to re-engage. However, Beijing has set clear conditions for these negotiations. “If the US says one thing but does another, or even attempts to use negotiations as a pretext to continue coercive and blackmailing tactics, China will never agree,” the Ministry stated through state media outlet CGTN. Metaplanet’s Expanding Bitcoin Strategy The Tokyo-based firm has been implementing an aggressive Bitcoin acquisition strategy since early 2024. Metaplanet has issued multiple tranches of zero-coupon bonds and stock acquisition rights, raising over ¥35 billion through its partner EVO FUND. These proceeds have been channeled directly into Bitcoin purchases. The company announced its decision to issue its 13th Series of Ordinary Bonds to raise a total of $25 million for fresh Bitcoin acquisitions. Company CEO Simon Gerovich revealed that Metaplanet’s 555 BTC purchase was made at an average price of $96,134 per coin. Their total holdings of 5,555 BTC were acquired at an average cost of $86,672 per Bitcoin. Metaplanet’s Bitcoin-centric performance metric, BTC Yield, has grown substantially over three consecutive quarters: 309.8% in Q4 2024, 95.6% in Q1 2025, and 21% in Q2 of this year. The firm recently established a wholly owned US subsidiary in Florida called Metaplanet Treasury Corp. This new entity aims to raise up to $250 million to accelerate the company’s Bitcoin accumulation strategy. Gerovich stated this move is designed to tap American capital markets and expand 24/7 access to global liquidity. The company is moving quickly toward its target of holding 10,000 BTC in its treasury by the end of 2026. Market Impact The announcement of Metaplanet’s latest Bitcoin purchase has had a positive impact on its stock price, which jumped 12% during the trading session following the news. The stock is already up by 33% since the beginning of 2025. Bitcoin has maintained strength amid the news, trading above $96,000 as the US and China agree to resume trade talks. According to data from Santiment, Bitcoin ETF inflows have reached $5.13 million over the past three weeks as traders prepare for the upcoming FOMC meeting. The BlackRock Bitcoin ETF (IBIT) has led these inflows with 16 consecutive days of positive movement. ETF Store president Nate Geraci noted, “I remember when naysayers didn’t think spot bitcoin ETFs would take in $5bil total last yr. As in all spot bitcoin ETFs. IBIT alone has done this in a few weeks more than a yr after launch.” Bitcoin is currently trading at $96,500, up 2.1% in the last 24 hours according to CoinGecko data. Investors are watching for a potential breakout above the $100,000 resistance level, which could trigger a rally to new all-time highs. As Vice Premier He Lifeng prepares to meet with Treasury Secretary Scott Bessent in Switzerland from May 9 to 12, market participants will be closely monitoring how these trade talks might further impact Bitcoin and other financial markets. Source: https://blockonomi.com/metaplanet-acquires-555-more-bitcoin-as-us-china-trade-talks-set-to-resume/

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