Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.
El Salvador and Tokyo-listed Bitcoin treasury firm Metaplanet have taken advantage of BTC’s recent price drop to expand their investments in the leading crypto. This move comes as Bitcoin’s value fell to a three-month low below $90,000 due to a broader market downturn that resulted in over $1 billion in liquidation. El Salvador boosts Bitcoin […]
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Strategy, previously known as MicroStrategy, is pushing ahead with its aggressive Bitcoin accumulation strategy. According to a Feb. 20 statement, the company plans to acquire an additional $2 billion worth of Bitcoin using proceeds from its latest convertible notes offering. At the same time, Japanese firm Metaplanet, a Strategy copycat, has reached a key milestone […]
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Metaplanet reaches a milestone of 0.01% of the total bitcoin supply.
The Tokyo-based company has accumulated more than 2,000 bitcoin.
Metaplanet, a Japan-based Bitcoin investment firm, has made its first Bitcoin acquisition of the year, pushing its total holdings past 2,000 BTC. On Feb. 17, the firm announced that it expanded its holdings to 2,031 BTC, worth $195 million, by acquiring 269 BTC for ¥4 billion ($26 million). According to the press statement, the firm […]
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The Tokyo-based company said it spent an average of 14.8 million yen per bitcoin.
Japanese Bitcoin investment firm Metaplanet has secured $26 million (4 billion yen) through the issuance of zero-interest, unsecured, and unguaranteed bonds, according to a Feb. 13 statement. The company intends to use the proceeds to strengthen its Bitcoin reserves as part of its broader financial strategy. Fundraise Metaplanet said the funds were raised from EVO Funds […]
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Metaplanet completes a 0% raise the terms are unsecured, unguaranteed ordinary bonds to purchase more bitcoin.
Metaplanet said it was the best-performing equity in 2024 out of 55,000 publicly listed companies.
The “21 Million Plan” comprises the issuance of 21 million shares via moving strike warrants and represents Asia’s largest-ever equity capital raise for Bitcoin with a target of 16.65 billion yen.
Japanese Bitcoin investment firm Metaplanet has revealed plans to raise 116 billion yen ($745 million) through the issuance of 21 million shares, according to a Jan. 28 statement. According to the firm, the significant capital raise would be used to bolster the company’s Bitcoin holdings. Dylan LeClair, the firm’s director of Bitcoin strategy, emphasized the […]
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Metaplanet issued 21 million shares through 0% discount moving strike warrants raising 116 billion yen ($745 million) to increase bitcoin treasury.
The Tokyo-listed investment company said it plans to expand bitcoin holdings to 10,000 BTC by the end of 2025.
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
Metaplanet ushers in the new year with a bullish sentiment on Bitcoin and blockchain technology. After announcing late last year that it had purchased ¥1 billion worth of Bitcoins, the Japanese company is making headlines again by announcing its plans to increase its holdings to 10,000 Bitcoins. Related Reading: Dogecoin To Hit $1? Expert Calls It A Realistic Goal For 2025 – Here’s Why Metaplanet’s decision to double down on the world’s top digital asset comes during favorable political and economic conditions, with analysts expecting that Bitcoin may hit $200k soon. Currently, Metaplanet boasts 1,762 Bitcoins, worth $173.4 million, and is one of the top companies following MicroStrategy’s Bitcoin investing playbook. CEO Announces Target Of 10k Bitcoins CEO Simon Gerovich shared the company’s latest investment plan in a New Year post for shareholders. In a Twitter/X post last January 5th, Gerovick acknowledged the company’s exceptional performance, where it expanded its Bitcoin holdings and solidified its standing as the region’s biggest holder of digital assets. In the lengthy message, he reiterated the company’s commitment to the asset and boosting shareholder value. Happy New Year to Our Valued Shareholders! As we step into 2025, I couldn’t be more excited about what lies ahead for Metaplanet. Last year was transformational, as we broke records, expanded our Bitcoin treasury, and reinforced our position as Asia’s leading Bitcoin Treasury… pic.twitter.com/K2HsOS8TaZ — Simon Gerovich (@gerovich) January 5, 2025 Gerovick announced at least four targets for Metaplanet this year. The company’s primary target is to expand its BTC holdings to 10k Bitcoin. In addition, Metaplanet also plans to boost transparency, leverage partnerships to promote Bitcoin adoption and explore other innovative opportunities that can grow the company’s influence in the Bitcoin and blockchain niche. Investing Plans Come At A Time Of Favorable Conditions The Japanese company’s aggressive moves into the crypto space come during favorable market conditions and better price prospects. Both Bitwise and VanEck predict that Bitcoin will trade anywhere from $180k to $200k this year. They believe that the top digital asset can trade at higher price points if the US government approves the plan to adopt the strategic digital asset reserve. Other analysts are offering bolder price predictions for Bitcoin and potentially better performance from altcoins thanks to a second Trump administration. According to Gerovich, if the US government pushes with the Bitcoin strategic reserves, then others can follow suit. Metaplanet’s CEO added that Japan is one of the first countries to follow, and other Asian countries will implement the same initiative. Related Reading: Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025 Starting A Movement In the same post, Gerovich describes the company’s initiative as a “movement” anchored on its commitment to excellence. He then teases his followers, saying that 2025 will be another breakout year for Metaplanet in terms of innovation, progress, and success. Metaplanet’s Bitcoin holdings are currently the biggest in Asia and 15th among global public companies. The company first started investing in Bitcoin last year, as Bitcoin surged considerably due to increased institutional adoption. Featured image from Pixabay, chart from TradingView
Metaplanet holds 1,762 Bitcoin and wants to increase its stash by 467% to hold 10,000 in total.
At Michael Saylor’s high-profile New Year’s Eve $100,000 Bitcoin party in Miami, Simon Gerovich, President and CEO of Metaplanet—often dubbed as Japan’s MicroStrategy—shared his insights on the evolving landscape of BTC adoption among governments and corporations. In an exclusive interview, Gerovich outlined the potential global implications if incoming US President Donald Trump moves forward with […]
Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs (ATH) does not appear to bother Metaplanet, as the Tokyo-listed firm made its largest BTC purchase to date, buying 619.7 BTC worth $ 61 million at an average price of around $96,000. Related Reading: Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale To recall, Metaplanet started buying BTC earlier this year in May with a purchase of 97.9 BTC. Since then, the company has purchased BTC every month, barring September, and crossed the 1,000 BTC milestone in November. The latest acquisition has pushed Metaplanet’s total Bitcoin holdings to 1,762, bought at an average price of $75,600 per BTC. Notably, this $61 million purchase is nearly double the value of Metaplanet’s previous largest acquisition, which occurred in November and was worth close to $30 million. The company’s consistent BTC accumulation has earned it the nickname “Asia’s MicroStrategy,” in reference to the US-based business intelligence firm known for its aggressive Bitcoin buying strategy. It is worth highlighting that today’s BTC purchase comes a week after Metaplanet raised $60.6 million through two tranches of bond issuance for the purpose of “accelerating BTC purchases.” Metaplanet’s latest purchase also makes its BTC reserves the 12th-largest among publicly listed firms globally. According to Metaplanet’s official announcement, its BTC Yield – a proprietary metric used to measure the performance of its Bitcoin acquisition strategy – stood at 310% from October 1 to December 23. The firm emphasized that this strategy is designed to be “accretive to shareholders.” Despite today’s significant BTC purchase, Metaplanet’s stock price saw little movement, closing at $22.5, down 0.98% for the day. However, on a year-to-date basis, the company’s stock has surged by an astounding 1,982%, reflecting the long-term benefits of its Bitcoin-centric strategy. Bitcoin Supply Crunch To Hasten Adoption? With Bitcoin’s total maximum supply capped at 21 million, the digital asset has solidified its reputation as an inflation-resistant store of value. A recent report highlights that BTC supply on crypto exchanges has hit multi-year lows, indicating that holders are increasingly withdrawing BTC from exchanges, reducing circulating supply and potentially driving prices higher. Related Reading: Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy Bitcoin’s scarcity has triggered an unofficial race among corporations – and possibly even governments. For instance, Bitcoin mining firm Hut 8 recently purchased 990 BTC for $100 million, increasing its total holdings to over 10,000 BTC. Similarly, MARA, another Bitcoin mining company, acquired 703 BTC earlier this month, bringing its total holdings to 34,794 BTC. Speculations surrounding a potential US strategic Bitcoin reserve are further strengthening BTC’s supply crunch narrative, which may fast-track its adoption. At press time, BTC trades at $94,003, down 1.5% in the past 24 hours. Featured image from Unsplash, charts from Yahoo! Finance and Tradingview.com
The purchase did little to buoy sentiment for bitcoin, which recorded its first seven-day loss since early November.
Japanese Bitcoin-focused firm Metaplanet has significantly increased its crypto portfolio following its recent US market expansion. On Dec. 23, the company, listed on the Tokyo Stock Exchange and trading on the US OTCQX Market as MTPLF, said it acquired 619.70 BTC for 9.5 billion yen ($60.7 million). This purchase increases its total Bitcoin holdings to […]
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Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.
Metaplanet, a Japanese Bitcoin-focused investment firm, will begin trading its shares on the US OTCQX Market on Dec. 19 under the ticker MTPLF. This milestone follows the company’s announcement of its Bitcoin Treasury Operations as a core business focus. The market reacted positively to these developments, pushing Metaplanet’s stock up by over 7% on the […]
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Metaplanet Inc., a publicly traded company on the Tokyo Stock Exchange, is ramping up its efforts to build its Bitcoin portfolio. According to multiple reports, the Japanese Bitcoin consulting company has issued ¥4.5 billion ($30 million) in zero-interest bonds to finance its Bitcoin acquisition strategy. Related Reading: Bitcoin Soars Past $106,000 For A New ATH […]
Metaplanet projects it will turn its first operating profit since 2017 and said it wants to go beyond just buying Bitcoin as part of its treasury strategy.
If successful with its fundraising, Metaplanet could purchase roughly 652 extra Bitcoin for $62 million.
Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights. These rights will be allocated to EVO FUND via third-party allotment between Dec. 17, 2024, […]
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Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a growing trend of corporations worldwide embracing Bitcoin as a strategic asset. Rumble Announces Bitcoin Treasury Strategy, Stock Rises The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a portion of its excess cash reserves to BTC. Related Reading: Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings As part of this strategy, Rumble plans to purchase up to $20 million worth of BTC. The company described Bitcoin as a “valuable tool for strategic planning.” Rumble CEO and Chairman Chris Pavlovski explained: We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently accelerated with the election of a crypto-friendly US presidential administration and increased institutional adoption. Unlike any government-issued currency, Bitcoin is not subject to dilution through endless money-printing, enabling it to be a valuable inflation hedge and an excellent addition to our treasury. The company stated that its management would evaluate factors such as market conditions, Bitcoin’s trading price, and Rumble’s cash flow needs to determine the timing and amount of BTC purchases. However, it emphasized that the strategy could be modified, paused, or discontinued. Interestingly, the announcement followed a poll conducted by Pavlovski on X, where he asked users whether Rumble should add Bitcoin to its balance sheet. Over 93% of the 43,790 respondents voted in favor of the proposal. Rumble’s stock price surged after the announcement, reflecting investor confidence. The tech company’s shares closed at $7.31, marking a 12.63% increase in a single day. BTC as a Corporate Asset: A Winning Strategy? Rumble’s decision to add BTC to its balance sheet mirrors the approach of MicroStrategy (MSTR), a pioneer in Bitcoin treasury management. Yesterday, the Michael Saylor-led firm revealed that it had acquired an additional 55,000 BTC, bringing its holdings to $5.4 billion. Related Reading: Metaplanet’s Total Bitcoin Holdings Exceed 1,000 BTC Following Latest Purchase MicroStrategy’s Bitcoin play has worked tremendously for the company’s stock performance. In the past year alone, MSTR price has increased by more than 670%, outperforming both BTC and the S&P 500 regarding returns on investment. Meanwhile, Japanese firm Metaplanet recently crossed the 1,000 BTC milestone as it continues to bolster its Bitcoin holdings with frequent purchases. Additionally, speculation about major tech giants like Dell and Microsoft entering the Bitcoin market could fuel demand and drive the asset’s price to new highs. A recent analysis by crypto experts shows that BTC may hit the highly-anticipated six-figure price target early next year. BTC trades at $92,071 at press time, down 5.5% in the past 24 hours. Featured image from Unsplash, charts from Yahoo! Finance and Tradingview.com
Bitcoin unexpectedly fell under $92,000 on Nov. 25. Do bulls still have a chance to rally to $100,000?
Semler Scientific, a Nasdaq-listed healthcare technology firm, has acquired an additional 297 Bitcoin (BTC) for $29.1 million. The purchase comes as Bitcoin edges closer to the highly anticipated $100,000 milestone. Semler Scientific Expands BTC Holdings The company disclosed its latest BTC acquisition earlier today, coinciding with a slight pullback in BTC’s price from its recent […]