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Cryptocurrency News Articles

Metaplanet Unveils Aggressive Strategy to Bolster Bitcoin Portfolio by 470% Within the Year

Jan 06, 2025 at 07:23 pm

Metaplanet Inc., the Tokyo-based investment powerhouse, has unveiled an aggressive strategy to bolster its Bitcoin portfolio by an astounding 470% within the year

Metaplanet Unveils Aggressive Strategy to Bolster Bitcoin Portfolio by 470% Within the Year

Japanese investment firm Metaplanet Inc. has revealed an ambitious plan to increase its Bitcoin (BTC) portfolio by 470% within the year, aiming to reach 10,000 BTC.

This aggressive strategy, which began in April 2024, will see Metaplanet utilize advanced capital market tools to bolster its Bitcoin holdings. The company's goal is to become a leading force in the cryptocurrency investment scene in Asia.

As part of this initiative, Metaplanet has been rapidly increasing its Bitcoin treasury. In December alone, the company made a record purchase of 619.70 BTC, which accounted for 35% of its total holdings at the time. This move highlights Metaplanet's dedication to making Bitcoin a central component of its investment strategy.

Starting with 97.8 BTC in April 2024, Metaplanet has significantly expanded its portfolio, especially in the last quarter of the year. This strategic increase in Bitcoin assets relative to share issuance has seen its BTC Yield (a metric indicating Bitcoin ownership per total shares) rise from 42% to 310%.

As Bitcoin prices hovered around $100,000, market analysts from firms like VanEck and Bitwise adjusted their 2025 price forecasts to between $180,000 and $200,000. This optimistic outlook has likely influenced Metaplanet and other corporations to accumulate Bitcoin in anticipation of sustained long-term growth.

To facilitate this expansion and comply with regulations, Metaplanet undertook a share consolidation in mid-2024 and a rights offering that notably increased its share count and capital influx. The company also secured additional funding through bond issuances, amounting to nearly 9.5 billion yen (around $60.3 million).

In a systematic move, Metaplanet has formalized its Bitcoin Treasury Operations into a separate business division, transitioning from sporadic purchases to a planned accumulation strategy. This division is specifically responsible for using the funds raised through various financial maneuvers to make targeted Bitcoin acquisitions.

Metaplanet's strategy resembles that of MicroStrategy, another prominent company known for its large-scale Bitcoin investments. By setting a target of 10,000 BTC, Metaplanet is demonstrating confidence in the future of Bitcoin and positioning itself as an active participant in the evolving cryptocurrency market landscape.

News source:egamers.io

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