Japanese investment company Metaplanet acquired 135 Bitcoins, highlighting its push to strengthen its footprint in the cryptocurrency market.
Bitcoins as a Central Treasury Asset
Metaplanet has gained attention for its ongoing Bitcoin purchases, drawing parallels to U.S.-based MicroStrategy. Bitcoin has become the main reserve asset, allowing the company to hedge against the yen’s depreciation and Japan’s increasing government debt. As the only publicly traded Bitcoin treasury firm in Japan, Metaplanet aligns with an emerging trend of institutional Bitcoin investment.
Aggressive Bitcoin Accumulation Strategy
Metaplanet targets 10,000 BTC holdings by 2025, expecting a 35% Bitcoin yield per quarter throughout that year. The 2026 target is 21,000 BTC. To finance these acquisitions, Metaplanet announced the issuance of 21 million shares through a warrant mechanism, aiming to raise ¥116.65 billion for further Bitcoin purchases.
Market Performance and Stock Reaction
Despite its aggressive Bitcoin strategy, Metaplanet shares fell by 1.45% to ¥6,120.00 during Tuesday's trading. This indicates ongoing short-term volatility in stock and investor sentiment.
Metaplanet continues to increase its Bitcoin reserves, establishing itself as a leader in institutional digital asset investments through ambitious goals and strategic financial planning.
