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Metaplanet Increases Bitcoin Holdings to 10,000 BTC, Plans $210M Bond Issue for Further Purchases

source-logo  en.coinotag.com 12 h
  • Metaplanet has significantly expanded its Bitcoin holdings by acquiring an additional 1,112 BTC worth $117 million, reinforcing its position as Asia’s largest corporate Bitcoin holder.

  • The company also announced the issuance of $210 million in zero-coupon bonds to fund further Bitcoin purchases, aligning with its ambitious growth strategy for 2025-2027.

  • According to COINOTAG, Metaplanet’s CEO Simon Gerovich highlighted a remarkable 266.1% year-to-date yield on Bitcoin acquisitions, underscoring the firm’s strategic timing and market confidence.

Metaplanet boosts its Bitcoin treasury to 10,000 BTC with a $117M purchase and issues $210M bonds to accelerate its 2025-2027 Bitcoin accumulation plan.

Metaplanet Achieves 10,000 BTC Milestone with Strategic $117M Bitcoin Acquisition

On June 16, Metaplanet confirmed the purchase of 1,112 BTC at an average price of approximately $105,435 per bitcoin, bringing its total holdings to 10,000 BTC. This milestone marks the fulfillment of the company’s 2025 target, reflecting a disciplined accumulation strategy amid volatile market conditions. CEO Simon Gerovich emphasized that the total Bitcoin portfolio, acquired at an average cost of $94,697 per BTC, has yielded an impressive 266.1% return year-to-date. This performance highlights Metaplanet’s adept timing and robust treasury management, positioning the firm as a leading institutional player in the Asian crypto market.

Ongoing Bitcoin Treasury Operations and Market Impact

Metaplanet’s recent acquisition follows a prior purchase of 1,088 BTC valued at $117.3 million on June 2, demonstrating a consistent and methodical approach to expanding its Bitcoin reserves. The company’s active treasury operations are designed to capitalize on market opportunities while maintaining a long-term accumulation horizon. This strategy has contributed to a notable surge in Metaplanet’s stock price, which climbed over 20% to 1,815 yen on the announcement day. According to Yahoo Finance, the stock has rallied nearly 421% year-to-date, reflecting strong investor confidence in the firm’s Bitcoin-centric business model.

Issuance of $210 Million Zero-Coupon Bonds to Fuel Bitcoin Expansion

In a parallel development, Metaplanet’s board approved the issuance of the 18th series of zero-coupon ordinary bonds totaling $210 million, set to mature on December 12, 2025. The proceeds from this bond issuance are earmarked exclusively for acquiring additional Bitcoin, reinforcing the company’s commitment to its Accelerated 2025-2027 Bitcoin Plan. The bonds carry a 0% interest rate, minimizing immediate financial burdens while enabling capital influx for strategic investments. Metaplanet has assured stakeholders that this financing move will have a minimal impact on consolidated financial results for the fiscal year ending December 2025, with timely updates promised should any material changes occur.

Long-Term Vision: Scaling Bitcoin Holdings to 210,000 BTC by 2027

Metaplanet’s ambitious roadmap includes scaling its Bitcoin treasury to 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. This accelerated accumulation plan is supported by a planned $5.4 billion equity raise through the issuance of 555 million shares via moving strike warrants, marking Asia’s largest-ever Bitcoin-focused equity offering. This strategic capital raise aims to solidify Metaplanet’s dominance in the Bitcoin investment landscape and provide substantial liquidity to fuel ongoing acquisitions. The company’s approach underscores a long-term bullish outlook on Bitcoin’s value proposition and institutional adoption trajectory.

en.coinotag.com