Metaplanet stocks have experienced a significant decline, which is linked to the company’s intention to issue new shares and current market conditions for Bitcoin. This article examines the reasons for this change and the company's future.
Metaplanet Stock Decline
Metaplanet's stock closed at ¥614 ($4.18) on September 9, 2025, which is over 30% lower than prior to the announcement of new share offerings in late August. On September 10, 2025, shares traded at ¥714 ($4.86), reaching a high of ¥714 ($4.86) and a low of ¥563 ($3.83). Average trading volume reached 29.83 million shares.
Company's Plans for Increasing Bitcoin Holdings
Metaplanet announced plans to issue 385 million shares priced at ¥553 ($3.76) to raise 212.9 billion yen ($1.44 billion). The funds will primarily target Bitcoin purchases. The company aims to acquire 210,000 BTC by 2027, increasing its current holdings to 20,136 BTC. Their holdings' current value is approximately $2.251 billion.
Market Conditions and Their Impact on the Stocks
Recent declines in Bitcoin prices have also put pressure on Metaplanet stocks. The price of Bitcoin dropped over 11% from August, closing at $111,041 on September 9, 2025. The increasing saturation of the market with insufficiently diversified BTC companies presents additional challenges for Metaplanet's future.
Metaplanet stocks remain under pressure due to fluctuations in Bitcoin prices and announced new share offerings. It is expected that the company will adapt its strategies to attract investments and increase its Bitcoin holdings.