Metaplanet surpasses the 5,555 Bitcoin benchmark, bolstered by the recent influx of 555 BTC.
Rewritten Article:
Metaplanet's Bitcoin stash now swells to 5,555 coins, thanks to a fresh $54.4 million investment in the digital currency. The CEO, Simon Gerovich, gleefully announced the purchase of 555 BTC, acquired at an average price of $96,134, on X.
Metaplanet's Bitcoin bombardment continues, placing them among the top external Bitcoin holders outside North America, according to Bitcoin Treasuries' records. With this latest acquisition, Metaplanet's total Bitcoin holdings now total a mind-boggling $481.5 million.
The company's stock price surged by 11.5% following the announcement, closing at 477 yen ($3.33) on the Wednesday trading session.
Metaplanet eyes a hefty Bitcoin stash of 10,000 coins by 2025, a goal that seems within reach, with the recent purchase bringing them dangerously close to 55% of the target.
In support of this goal, Metaplanet plans to launch Metaplanet Treasury Corp. - a U.S. subsidiary dedicated to Bitcoin acquisition and backed by a whopping $250 million war chest. Established earlier this year, this Miami-based entity is a significant step towards Metaplanet's ambition to become a global leader in corporate Bitcoin adoption.
The company has also mobilized financial resources from bond sales. A $25 million bond issue, redeemable in 2025, will be repaid using capital raised from stock acquisition rights, fueling further Bitcoin purchases. This follows a previous $25 million bond sale to EVO FUND, demonstrating Metaplanet's dedication to expanding its Bitcoin treasury.
The strategic move appears to be paying off, with a year-to-date yield of 136.7% in 2025. It's no wonderer why Metaplanet seems eager to double down on Bitcoin. Hell, they might even tripledown if given the chance!
On a side note, Eric Trump has recently joined Metaplanet's strategic advisory board. This strategic move could prove advantageous for Metaplanet's U.S. expansion efforts, providing valuable insights into navigating the U.S. market.
In conclusion, Metaplanet's strategic plan includes launching a U.S. subsidiary to bolster its Bitcoin treasury and raise additional funds, exceeding their Bitcoin accumulation target of 10,000 coins by 2025. The bold move to heavily invest in Bitcoin seems to be yielding promising returns so far.
- Metaplanet's acquisition of 555 Bitcoin, announced by CEO Simon Gerovich, boosted their digital currency holdings to a staggering $481.5 million.
- The purchase price of these Bitcoin coins was an average of $96,134 each.
- Metaplanet's current Bitcoin stash places them among the top external Bitcoin holders globally, according to Bitcoin Treasuries' records.
- With this latest acquisition, Metaplanet aims to reach a target of 10,000 Bitcoin coins by 2025, which now seems well within reach.
- To support this goal, Metaplanet is launching Metaplanet Treasury Corp., a U.S. subsidiary dedicated to Bitcoin acquisition, backed by a $250 million war chest.
- Metaplanet has also raised funds through bond sales, including a $25 million bond issue due in 2025, which will be repaid using capital from stock acquisition rights, enabling further Bitcoin purchases.
- The strategic move to heavily invest in Bitcoin has yielded promising returns for Metaplanet, with a year-to-date yield of 136.7% in 2025. This has prompted Metaplanet to consider further investments in Bitcoin, potentially even tripling down.
On a side note, Eric Trump has recently joined Metaplanet's strategic advisory board, which could be beneficial for Metaplanet's U.S. expansion efforts.
