Metaplanet

Metaplanet finalized a $1.4B international share offering to fund major Bitcoin purchases and expand its Bitcoin income business, reinforcing its strategy to adopt BTC as its primary reserve asset.

With Bitcoin price hovering below $112,000, Japanese investment giant Metaplanet Inc. has acquired an additional 136 BTC for $15.2 million, bringing its total holdings to 20,136 BTC acquired for $2.08 billion.

At Metaplanet’s recent extraordinary general meeting (EGM) for shareholders, the company announced that it now holds 20,000 bitcoin and that it has plans to acquire 190,000 more within the next two years with the help of Metaplanet Prefs, a new preferred equity offering.

Bitcoin price fell below $112,000 as Japanese firm Metaplanet announced the purchase of 103 BTC worth $11.7 million, bringing its total holdings to 18,991 BTC ($2.2 billion), while simultaneously being upgraded to mid-cap status in the FTSE Japan Index. The move highlights the growing trend of corporate Bitcoin treasury strategies.

Bitcoin price dropped below $115,000 as Metaplanet acquired 775 BTC for $93 million at $120,006 per coin, bringing its holdings to 18,888 BTC, while Strategy purchased 430 BTC for $51.4 million, increasing its total to 629,376 BTC.

Metaplanet triples assets in Q2, launching Bitcoin-Backed Preferred Shares to target Japan’s yield-starved fixed income market.

Bitcoin price maintained its position above $118,000 as Metaplanet acquired 518 BTC for $61.4 million at an average price of $118,519, bringing its total holdings to 18,113 BTC valued at $1.85 billion. The Tokyo-based company's BTC Yield reached 26.5% in the current quarter, following its impressive performance in previous quarters. At the same time, Smarter Web Company also announced the purchase of 295 BTC for $35.2 million at an average of $119,412.

Bitcoin price bounced back above $114,000 as Metaplanet purchased 463 BTC ($53.7M) at an average price of $115,895, bringing its total holdings to 17,595 BTC. The Japanese firm plans to raise $3.7B through preferred shares to reach its goal of acquiring 210,000 BTC by 2027.

Metaplanet has acquired an additional 780 Bitcoin for approximately ¥13.67 billion ($92.5 million), bringing its total holdings to 17,132 BTC as institutional Bitcoin adoption...

Metaplanet raises its Bitcoin holdings to 16,352 BTC.