Japan’s Metaplanet to Expand Bitcoin Holdings by 470% by 2025

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Metaplanet Inc. plans to increase its Bitcoin holdings by 470%, aiming to reach 10,000 BTC this year as it continues to build on its initial accumulation strategy in April.

CEO Simon Jirovich says Metaplanet does. Expand your BTC holdings “Using the Most Acceptable Capital Market Tools”.

“Last year was transformative, as we broke records, expanded our Bitcoin treasury and solidified our position as Asia's leading Bitcoin treasury company,” Gerovic tweeted on Saturday. “This year, we are laser-focused on execution and driving greater value for our shareholders.”

The Tokyo-based investment firm currently holds 1,761.98 BTC worth 27.2 billion yen ($173.6 million), according to a regulation issued on December 23. Filing.

Phemex

It follows a series of 19 purchases last year, with an average purchase price of 11,846,002 yen per Bitcoin (about $75,000 each).

His purchase of 619.70 BTC for 9.5 billion yen in December marked his largest single purchase, accounting for about 35% of his total holdings.

The firm's Bitcoin holdings started with 97.8 BTC on April 22, growing rapidly in just six months, with the fastest speed between October and December 2024.

BTC Yield, a measure of how much bitcoin the company has, jumped from 42 percent to 310 percent in the last quarter of 2024, faster than the company issued new shares.

The transaction came as Bitcoin was trading near $100,000, amid forecasts from VanEck and In moderation Value between $180,000 and $200,000 in 2025.

Bitcoin strategy

Metaplanet will reorganize its share structure in mid-2024 to meet the Tokyo Stock Exchange's rules before expanding its Bitcoin purchasing power.

On June 28, the company first merged its shares 10-to-1, effectively increasing their trading price to meet the exchange's 50,000 yen minimum trading unit requirement.

Then on August 6, he doubled the company's shares from 18.17 million to 36.27 million, raising 10 billion yen ($63.7 million) from 13,774 shareholders on August 6, 2010.

The company raised $9.5 billion ($60.3 million) in additional funds through two bond sales in December.

On December 18, Metaplanet formalized Bitcoin treasury operations as an official trading line, switching from one-time purchases to strategic holdings.

“In particular, we note that our bitcoin acquisitions are proceeds from various financing activities,” the company said in a filing to the Tokyo Stock Exchange, adding that it plans to continue using the capital markets for future purchases.

The financials reveal a changing acquisition strategy for Metaplanet, which has been billed as “Asia's answer to micro-strategy” following the latter. A playbook for corporate Bitcoin purchases.

The higher expansion target comes as analysts predict potential. Government adoption of Bitcoin stock By 2025, it could create a wider institutional investment.

This inspired others. Corporate bodies Traders and institutions are looking to start stockpiling bitcoin with an eye on long-term growth as they wait for the crypto to rise in price this year.

Edited by Sebastian Sinclair.

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