Metaplanet's first quarter financial report is impressive: Bitcoin business accounts for 88% of revenue, and the holding target is 10,000

Metaplanet, a Japanese listed company, recently announced its first quarter financial report for 2025, showing that it has fully transformed into a strategic enterprise with Bitcoin as its core asset. Data shows that 88.1% of the company's revenue in the quarter came from Bitcoin option sales, reaching 877 million yen, driving overall revenue to grow by 8% month-on-month and 943.9% year-on-year.

As of the end of the quarter, Metaplanet held a total of 4,046 Bitcoins, and now the number has rapidly increased to 6,796. The company announced that the average return on its Bitcoin assets has reached an astonishing 95.6%. This marks that Metaplanet is not only a pioneer in the assetization of Bitcoin in the Japanese capital market, but also one of the most aggressive listed companies in the world in terms of crypto asset allocation.

Metaplanet's Bitcoin expansion strategy is mainly achieved through the issuance of zero-interest bonds. Just this week, the company announced that it had purchased 1,241 Bitcoins for 18.4 billion yen and planned to issue another $15 million in bonds to further purchase digital assets. At this pace, the company aims to increase its total Bitcoin holdings to 10,000 by the end of 2025.

The financial report also shows that as of the end of the first quarter, the company's net assets have climbed to 50.4 billion yen, a month-on-month increase of 197%. At the same time, the status of Metaplanet's traditional business has been rapidly marginalized, and the revenue share of the hotel business, which was once the main business, has dropped to 11.9%.

Metaplanet's radical strategy has attracted widespread attention in the market. Some analysts believe that Metaplanet is copying the Bitcoin financial strategy of MicroStrategy, a US-listed company, using low-cost financing to use Bitcoin as a long-term reserve asset to hedge inflation and achieve asset preservation and appreciation. It is worth noting that Japan's current interest rates are still low, providing a favorable environment for the company to issue zero-interest bonds.

Against the backdrop of intensified Bitcoin price volatility and tightening global policy supervision, Metaplanet's choice is undoubtedly full of risks, but it also shows unprecedented firm belief. Faced with the dual pressures of rapid development of crypto finance and declining profits in traditional industries, the company has clearly bet on the future, using digital assets as a fulcrum to seek a new growth path.