Metaplanet – "MicroStrategy of Japan" Accelerates Bitcoin Investment

Metaplanet Inc., a company listed on the Tokyo Stock Exchange, just announced plans to raise $745 million (116 billion Yen) to acquire more Bitcoin. This is considered the largest fundraising effort in Asia for Bitcoin.

Non-dilutive stock issuance strategy

#metaplanet will issue 21 million shares in the form of non-discounted warrants, meaning the purchase price of the shares will closely follow the market price. This helps avoid diminishing the value of current shares and ensures benefits for shareholders.

Goal: 21,000 BTC by 2026

With the raised capital, Metaplanet expects to increase its Bitcoin holdings from 1,761 BTC to 10,000 BTC by the end of 2025 and reach 21,000 BTC in 2026.

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CEO Simon Gerovich stated:
"We want to lead the Bitcoin revolution in Japan and become one of the largest BTC-holding companies in the world."

Currently, Metaplanet owns Bitcoin worth $187 million, placing them in the top 15 publicly listed companies with the largest holdings globally.

"Bitcoin is not just an asset, but a survival strategy"

Dylan LeClair, Bitcoin Strategy Director at Metaplanet, affirmed:
"Our mission is to maximize the amount of Bitcoin per share. We are not buying to sell, but to accumulate and lead."

The fundraising will begin on February 17, 2025, and will be flexible, allowing Metaplanet to take advantage of the best buying opportunities for BTC.

Metaplanet greatly benefits from the Bitcoin strategy

In 2024, the company recorded a record BTC yield of 309.82% in Q4, a sharp increase from 41.7% in Q3.

After adopting the "Bitcoin Standard", Metaplanet's market capitalization has increased by up to 7,000%. Their average purchase price of #bitcoin is $74,217/BTC, but the current value of their holdings has doubled.

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With a long-term strategy and enormous capital, Metaplanet is gradually becoming the Bitcoin giant of Asia. 🚀

#anhbacong