Japan-based Bitcoin-focused investment firm, Metaplanet, will start trading its shares on the US OTCQX Market on December 19 under the ticker MTPLF. This move follows the company’s announcement of its Bitcoin Treasury Operations as a core business focus. Metaplanet’s stock rose over 7% on the Japanese exchange, reaching ¥3,770.
This adds to the company’s impressive year-to-date growth of more than 2,200%, according to Google Finance data. Metaplanet’s US expansion is driven by increasing global interest in its Bitcoin Treasury Strategy. The firm highlighted strong demand from institutional and retail investors outside Japan who want easier access to its shares.
By listing on OTCQX, Metaplanet aims to bridge this gap and attract more cross-border investment. Metaplanet CEO Simon Gerovich emphasized the move’s strategic importance, calling it a critical step in building global investor confidence. He linked the company’s growing popularity to its innovative Bitcoin Treasury Strategy, which positions Metaplanet as a pioneer in Asia’s Bitcoin ecosystem.
The OTCQX market hosts over 600 companies, allowing firms like Metaplanet to reach US investors without SEC registration. Bitcoin Treasury business This move comes as Metaplanet doubles down on its Bitcoin Treasury operations. On December 18, the Japan-based firm announced its plans to bolster its Bitcoin holdings while navigating currency fluctuations by hedging against the weakening yen.
It aims to fund these acquisitions through innovative financial instruments, including equity offerings and convertible bonds. Metaplanet will also leverage Bitcoin’s price volatility to diversify its revenue streams—the firm plans to sell put options and create sustainable profits alongside its core treasury activities.
Additionally, its exclusive license for Bitcoin Magazine Japan offers opportunities to generate income through marketing and educational initiatives tailored to the Bitcoin ecosystem.
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