Metaplanet,a Japanese investment company has acquired 135 Bitcoin and has a reserve balance of 2,235 BTC. The latest acquisition of nearly $13 million further emphasizes the company’s investment in Bitcoin as a reserve asset amid economic downturn.
Metaplanet has gained attention for its continuous Bitcoin accumulation, drawing comparisons to the U.S.-based Strategy(formally MicroStrategy). The company has positioned Bitcoin as its primary treasury reserve asset, utilizing innovative financial strategies to optimize shareholder value. By increasing its Bitcoin holdings, Metaplanet aims to hedge against the yen’s depreciation and Japan’s rising government debt.
Being the sole listed Bitcoin Treasury firm in Japan, the strategy of Metaplanet follows an emerging trend of institutional Bitcoin investment. The company’s strategy follows that of MicroStrategy that has been steadily increasing the Bitcoin holdings in a bid to hedge against the risk of the fiat currency.
Metaplanet has ambitious acquisition targets of Bitcoin holdings with a 2025 target of 10,000 BTC. The company anticipates a 35% Bitcoin yield per quarter throughout 2025 that will further reinforce the company’s long-standing belief in Bitcoin’s store of value position. The company has a 2026 target of 21,000 BTC of total Bitcoin holdings.
To finance such acquisitions, Metaplanet has announced the "21 Million Plan," wherein 21 million shares will be issued through the issue of moving strike warrants. This largest-ever Bitcoin equity capital raising in Asia has the ambition of raising ¥116.65 billion of capital that will be used to buy additional Bitcoin.
In contrast to its bullish Bitcoin strategy, Metaplanet shares ended lower Tuesday trading 1.45% lower at ¥6,120.00 based on figures provided by Google Finance as at the time of writing. The move indicates that although the company’s Bitcoin strategy has been established, short-term volatility of the shares continues to be a factor in investor attitudes.
Metaplanet continues to affirm its support of Bitcoin as a treasury asset and asserts itself as a leading institutional force within the space of digital assets. Through ambitious accumulation goals and planned financing strategies, the company maintains a drive toward expanding reserves of Bitcoin and embracing the changing world of finance.
The post Metaplanet Grows Bitcoin Holdings to 2,235 BTC with $13M Purchase appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。