metaplanet

MetaPlanet has received the previously announced funding from global institutional investors, totaling $255 million. This funding allows it to purchase over 3,800 BTC at the current price, potentially making it the third largest company in terms of BTC holdings globally.

According to BBX data, yesterday global listed companies disclosed several key data points regarding the "geopolitical competition" and "scalable positioning" of crypto reserves:15,000 holdings disclosed: Trump Media (NASDAQ: $DJT) confirmed in a strategic briefing yesterday that its treasury's holding of 15,000 BTC has completed its transformation into a "long-term strategic reserve." The company stated that this asset serves as a financial anchor for building decentralized social and payment infrastructure, with a current market value exceeding $1 billion.Vision for 100,000 coins: Metaplanet (TSE: 3350) confirmed yesterday at its Tokyo headquarters that its holding target by the end of 2026 is 100,000 BTC. As one of the largest corporate holders in Asia, the company plans to fill the current reserve gap through a new round of $250 million equity financing, aiming to achieve a top three global holding position within the year.30,000 reserve milestone: Bitcoin Standard Treasury (NASDAQ: $BSTR) disclosed yesterday that its total holdings have officially surpassed 30,000 BTC. As a representative of "standard-based" financial companies, its BPS (Bitcoin per share) grew by 8.4% month-over-month in March.23.8% annual yield: Semler Scientific (NASDAQ: $SMLR) released its latest treasury efficiency report yesterday, showing that its "Bitcoin Yield" achieved through ATM financing tools since 2026 has risen to 23.8%, far exceeding the spot price increase of BTC during the same period.1,717 holdings confirmed: Nexon (TSE: 3659) confirmed yesterday in its weekly report that its holding of 1,717 BTC remains in a "retail out" state. The company reiterated that it will showcase how it utilizes this reserve to support the economic model of next-generation blockchain games at the developer conference in April.

Metaplanet, a Japanese Bitcoin cryptocurrency vault (DAT) company, announced the launch of the shareholder limited edition credit card "Metaplanet Card," which will be put into use this summer.Shareholder cardholders will automatically receive 1.6% of the amount spent during daily purchases back in the form of equivalent Bitcoin, allowing each card payment to be directly converted into a Bitcoin investment.

According to Onchain Lens monitoring, after being silent for 3 months, MetaPlanet transferred 4,986 BTC (worth $368.3 million) to a new wallet, possibly just for fund reorganization.

Metaplanet CEO Simon Gerovich posted on the X platform that the company has issued 100 million Moving Strike Warrants with mNAV terms. According to the design, the warrants can only be exercised when the company's stock price is above 1.01 times the mNAV, ensuring that each new share issued enhances shareholder value.Simon Gerovich stated that this mechanism is expected to raise approximately $234 million in additional funds for the company to purchase Bitcoin, and the exercise of the warrants will only be triggered if it has a positive effect on the per-share BTC holdings.

Metaplanet CEO Simon Gerovich stated that Metaplanet plans to raise approximately $765 million through various channels to increase its Bitcoin holdings to 210,000 coins. The specific fundraising paths include raising about $255 million through a targeted issuance of new shares to global institutional investors (at a 2% premium), along with warrants at a fixed exercise price with a 10% premium, which could yield an additional approximately $276 million upon exercise.In addition, Metaplanet has issued 100 million mobile exercise price warrants (MSW) with mNAV terms, with the condition that the stock price must be above 1.01 times the mNAV for exercise, which is expected to raise another $234 million. Simon Gerovich stated that this mechanism is designed to ensure that each newly issued share increases the per-share Bitcoin holdings and enhances shareholder value.

MetaPlanet, a Japanese Bitcoin treasury company, announced the revision of its "Capital Allocation Policy," which maintains a long-term Bitcoin holding strategy while increasing flexibility in fundraising and buybacks. The company currently holds approximately 35,100 BTC and will continue to raise funds through various means such as perpetual preferred shares, common stock issuance, corporate bonds, and credit lines secured by BTC.The new policy specifies that when mNAV is below 1x, priority will be given to repurchasing shares to increase the per-share BTC holding. At the same time, it retains the possibility of implementing a Rights Offering to increase BTC holdings during a bear market when it is deemed beneficial for shareholders in the medium to long term, and will keep leverage controlled at about 10% below BTCNAV.

MetaPlanet, a Japanese Bitcoin treasury company, announced the revision of its "Capital Allocation Policy," which maintains a long-term Bitcoin holding strategy while increasing flexibility in fundraising and buybacks.The company currently holds approximately 35,100 BTC and will continue to raise funds through various means such as perpetual preferred shares, common stock issuance, corporate bonds, and credit lines secured by BTC. The new policy specifies that when mNAV is below 1x, priority will be given to repurchasing shares to increase the per-share BTC holdings. At the same time, it retains the possibility of implementing a Rights Offering to increase BTC holdings during a bear market when it is deemed beneficial for shareholders in the medium to long term, while keeping leverage below about 10% of BTCNAV.

Metaplanet announced the establishment of two subsidiaries: Metaplanet Ventures Inc. and its U.S. subsidiary Metaplanet Asset Management Inc.Metaplanet Ventures will focus on investing in the Japanese Bitcoin ecosystem. In the coming years, the company will invest 4 billion yen to support companies building Bitcoin financial infrastructure in Japan, covering areas such as lending, settlement, custody, stablecoins, derivatives, and compliance. The company will also launch an incubator program for Japanese entrepreneurs, as well as a grant program for open-source developers, educators, and researchers. Japan has established the world's most advanced regulatory framework for digital assets.Metaplanet Asset Management will be established in Miami, positioned as a digital credit and Bitcoin capital markets platform, connecting Asian and Western capital markets. The company plans to develop strategies for yield, equity, credit, and volatility. Specific products will be announced at the appropriate time.As the first investment of Metaplanet Ventures, the company intends to invest up to 400 million yen in JPYC Co., Ltd., Japan's first registered yen stablecoin. Bitcoin trading always involves both Bitcoin and currency. With the participation of institutional investors, the market continues to expand, and currency settlement will gradually transition to digital. JPYC is laying the groundwork for this transformation in Japan.

Metaplanet CEO Simon Gerovich posted on the X platform, stating that the benefits of productivity booms are almost entirely flowing to the owners of computation and capital, rather than to workers or governments. He said, "Every company holding cash or bonds is extracting from a system where the tax base is disappearing, and the system's response will be to print money. This trend is accelerating."Simon Gerovich further emphasized that AI agents do not have bank accounts or brand loyalty, and when machines optimize the financial system, they will bypass traditional banking systems and payment networks, opting to use digital assets for transactions. When it comes to storing value, AI will not park in money market funds but will hold digital capital—especially Bitcoin. As the AI economy expands, digital assets may become the primary means of value storage in the machine age.

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

According to The Block, Benchmark maintains a "buy" rating on Metaplanet but has lowered its target price by more than half, stating that the company's latest financial report highlights the "prospects and risks" of its aggressive Bitcoin accumulation strategy.Benchmark analyst Mark Palmer, in a research report on Tuesday, reduced the target price for the Tokyo-listed Bitcoin reserve company from 2,400 yen to 1,100 yen. He wrote that recent performance shows the "hope and danger" of the company's Bitcoin-centric financial strategy. The stock is traded under the OTC code MTPLF in the U.S., currently priced at about $2.20, having briefly fallen to around $1.85 earlier this month, close to its lowest level since the company began its Bitcoin purchasing strategy in April 2024.Metaplanet reported a net loss of $619 million for the fiscal year ending December 31, primarily due to non-cash valuation losses from its holdings caused by the decline in Bitcoin prices late last year. Nevertheless, its operational performance has significantly improved, with revenue and profits increasing due to Bitcoin-related financial services activities.A core pillar of Benchmark's investment logic is Metaplanet's continuously expanding Bitcoin revenue-generating business, which generates income through Bitcoin-related options and yield strategies. Analysts believe this segment allows the company to pay dividends on newly issued perpetual preferred shares without selling its core Bitcoin holdings, thereby funding subsequent BTC purchases through operating cash flow rather than asset sales.The company added that investor demand for these preferred instruments will likely determine whether Metaplanet can successfully continue to expand its financial reserves while controlling dilution risk.

The Bitcoin treasury company Metaplanet released its fiscal report for 2025 on Monday. As of December 31, the company recorded a net loss of 95 billion yen (approximately 619 million USD), compared to a net profit of 4.44 billion yen (approximately 28.9 million USD) in fiscal year 2024, marking a shift from profit to loss.The report indicated that this loss was primarily due to a valuation loss of 102.2 billion yen (approximately 665.8 million USD) on its held Bitcoin. The company classified this portion of the loss as a non-operating expense, stating that it had no impact on cash flow or operational activities.Despite the volatility in net profit, the company emphasized that its capital structure remains resilient. Metaplanet pointed out that its balance sheet is still "robust," and even with an "86% drop in Bitcoin prices," its liabilities and preferred stock can be fully covered, thanks to a high equity ratio of 90.7%.As of December 31, the company reported liabilities of 46.7 billion yen (approximately 304.2 million USD) and net assets of 458.5 billion yen (approximately 2.99 billion USD), with the value of its held Bitcoin at 481.5 billion yen (approximately 3.1 billion USD).The documents show that in terms of operations, Metaplanet's revenue for fiscal year 2025 reached 8.91 billion yen (approximately 58 million USD), a 738% increase from the previous year's 1.06 billion yen (approximately 6.9 million USD); meanwhile, operating profit surged from 350 million yen (approximately 2.28 million USD) to 6.29 billion yen (approximately 41 million USD), an increase of 1695%.The company stated that its Bitcoin-related business generated revenue of 8.47 billion yen (approximately 55.2 million USD) and operating income of 7.19 billion yen (approximately 46.8 million USD), with this growth primarily attributed to premium income from Bitcoin options trading.

Metaplanet Inc. announced in its fiscal report for 2025 that the company has become the largest holder of Bitcoin in Japan, holding 35,102 Bitcoins by the end of 2025, which accounts for approximately 0.16% of the global Bitcoin supply, ranking fourth among publicly traded companies worldwide in terms of Bitcoin holdings.The report shows that the company's revenue for the fiscal year 2025 reached 89.05 billion yen, a year-on-year increase of 738.3%; operating profit was 62.87 billion yen, a year-on-year increase of 1694.5%.The company has raised over 500 billion yen for Bitcoin purchases through a diversified financing strategy, including the issuance of preferred shares. Among them, Class B preferred shares (MERCURY) have been issued through a third-party placement, raising 21.249 billion yen, providing an annual yield of 4.9%.Metaplanet aims to achieve the goal of holding 1% of the global Bitcoin supply by 2027 and will continue to use the "Bitcoin revenue business" as a core driver of profit growth.

Japan's Bitcoin treasury company Metaplanet published its fiscal year 2025 financial report on the X platform, revealing that the company has become the largest holder of Bitcoin in Japan, holding 35,102 Bitcoins by the end of 2025, accounting for approximately 0.16% of the global Bitcoin supply. It ranks fourth in the world among publicly traded companies in terms of Bitcoin holdings and plans to achieve the goal of holding 1% of the global Bitcoin supply by 2027, continuing to use the "Bitcoin revenue business" as a core driver of profit growth.In addition, Metaplanet's revenue for fiscal year 2025 reached 8.905 billion yen, a year-on-year increase of 738.3%; operating profit was 6.287 billion yen, a year-on-year increase of 1694.5%.

Japanese "Microstrategy" Metaplanet CEO Simon Gerovich posted, "We fully recognize that, in light of recent stock price trends, this remains a rather challenging phase for all shareholders.However, Metaplanet's strategy has not changed. We will continue to steadily advance the ongoing accumulation of Bitcoin, enhance our profitability, and make preparations for the next phase of growth."

MetaPlanet (MTPLF) is raising $137 million through a new stock issuance and warrants to purchase more BTC.

Arthur Hayes published an article titled "Woomph" analyzing that the recent continuous depreciation of the yen and the decline in Japanese government bond prices are triggering "anomalies" in the global financial markets. He believes that the Federal Reserve and the U.S. Treasury may be forced to work together to directly intervene in the yen exchange rate and the Japanese government bond market by expanding their balance sheets, thereby injecting new liquidity into the global fiat currency system.He stated, "The yen is strengthening against the dollar, and Bitcoin prices are falling. I will not increase risk until it is confirmed that the Federal Reserve is printing money to intervene in the yen and Japanese government bond market. If there is a significant increase in foreign currency-denominated assets on the Federal Reserve's balance sheet, it will be a good time to increase Bitcoin holdings." Before the yen's trend shows volatility, he has closed positions in high-leverage Bitcoin-related assets such as Strategy and Metaplanet; if his judgment is validated, he will re-enter the market.While waiting for policy clarity, his fund Maelstrom continues to increase its holdings in Zcash, while maintaining positions in other quality DeFi tokens; once the Federal Reserve confirms balance sheet expansion intervention, he will consider increasing positions in DeFi assets such as ENA, ETHFI, PENDLE, and LDO.