Metaplanet, a Japanese-listed company, has announced a bold plan to expand its Bitcoin holdings.
Japanese-listed firm Metaplanet has announced a grand plan to bolster its Bitcoin (BTC) holdings. The company disclosed its plan to produce 21 million new share subscription rights on January 27, 2025, in a filing. This initiative aims to secure 116 billion yen ($745 million) to acquire Bitcoin.
The Bitcoin initiative will mark one of the largest stock market operations in Asia's history for historical financing achievements. Metaplanet aims to add 10,000 Bitcoins to its balance sheet by the end of 2025. The company is targeting total holdings of 21,000 BTC by December 2026. These actions will see Metaplanet achieve global leadership among corporate Bitcoin owners.
After adopting the Bitcoin Standard in April 2024, Metaplanet became a fast-growing enterprise. According to Simon Gerovich, the company is capitalizing on its successful performance. He revealed their aim to become the primary advocate for Bitcoin adoption in Japan while establishing robust international market entry.
Metaplanet Acquires 1,761 Bitcoin Valued at 27.7 Billion Yen in 2024
The company achieved multiple significant milestones during 2024. Metaplanet experienced a 309.82% increase in Bitcoin yield during Q4 due to effective acquisition tactics. It acquired 1,761 bitcoins throughout 2024, reaching values above 27.7 billion yen. The shareholder base expanded past 50,000 individuals, while trading activity reached 430 times the volume from the previous year.
Metaplanet continues to build its operations around its central “21 Million Plan” strategy. The pricing structure remains fair because share prices align with the market value from the day before. According to Dylan LeClair, who holds the role of Director of Bitcoin Strategy, Bitcoin growth per share stands as the central goal for Metaplanet. He declared that Bitcoin functions as their fundamental business performance indicator beyond its asset classification.
Metaplanet plans to generate a 35% BTC yield each quarter throughout 2025. The company intends to acquire 10,000 Bitcoins before year-end. Metaplanet intends to maintain operational flexibility concerning share issuance as needed to respond to fluctuating market conditions while serving shareholder interests.
Through its strategic plan, Metaplanet displays its commitment to both innovative practices and leadership. Metaplanet wishes to demonstrate the strategic potential of Bitcoin to other companies through its operations. Metaplanet seeks to establish itself as the global leader in Bitcoin treasury operations by providing valuable returns to its shareholders. Through their ambitious plan, the company aims to establish a major presence in the cryptocurrency market.
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