Metaplanet increases Bitcoin holdings by 555 units, aiming for a total of 10,000 Bitcoins.
Hitting New Heights: Metaplanet's Bitcoin Buying Spree
Metaplanet, the Tokyo-listed investment company, took another giant leap in its Bitcoin extravaganza by throwing down a whopping $53 million on 555 new BTC units. This recent acquisition pushes Metaplanet's total Bitcoin holdings to a staggering 5,555, estimating a whopping $481.5 million in current value.
Following the company’s aggressive Bitcoin-focused strategy similar to that of Micostrategy, Simon Gerovich, Metaplanet's CEO, expressed his enthusiasm on social media platform X, declaring "五つ Go go go go - to the moon and beyond!"—quoting the Japanese pronunciation of the number '5' in reference to their latest milestone.
In April 2024, Metaplanet unveiled its strategic move to accumulate 10,000 BTC by the end of 2025, and with the newest acquisition, they've surpassed half the mark. Fueling this venture, Metaplanet announced plans for a new bond issuance worth 25 million dollars, marking their 13th bond sale just a week after the previous one.
International Horizons: Introducing Metaplanet Treasury Corp.
In a bid to strengthen its presence globally, Metaplanet is planting roots in the U.S. by setting up a new subsidiary, aptly named "Metaplanet Treasury Corp.", headquartered in Miami. This move is a part of Metaplanet's global expansion strategy, serving as the epicenter for Metaplanet's U.S operations.
With Metaplanet's recent announcements, its shares on the Tokyo Stock Exchange saw an impressive uptick of 13.3%.
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[[Reference: Bitcoin, Japan, MicroStrategy, Investment, Stocks]]
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- Metaplanet's Bitcoin strategy mimics MicroStrategy's strategy, aiming to build a treasury reserve in BTC. [2][4]
- Metaplanet acquired roughly 1,895 BTC since late April, with the latest addition of 555 BTC. [1][2][3]
- Metaplanet's current Bitcoin holdings equate to around $537 million, as of early May 2025. [2][3]
- Metaplanet aims to reach 10,000 BTC by the end of 2025 and intends to build towards 21,000 BTC by 2026. [4]
- Metaplanet's stock price has surged significantly, boosting more than 15 times in a year. [5]
- Metaplanet finances its Bitcoin acquisitions through a combination of internal funds and debt markets. [1][2][4]
- Following its strategy similar to MicroStrategy, Metaplanet continues its investment in Bitcoin, acquiring 555 new units worth $53 million.
- With the latest acquisition, Metaplanet's total Bitcoin holdings now stand at approximately 6,150 units, worth around $494 million in current value.
- The CEO of Metaplanet, Simon Gerovich, expressed his excitement on Telegram, citing their latest milestone as a step towards their goal of 10,000 Bitcoin by 2025.
- To strengthen its global presence and serve as the epicenter for U.S operations, Metaplanet has announced the establishment of Metaplanet Treasury Corp. in Miami, as part of its global expansion strategy.
