Metaplanet Inc. (Tokyo: 3350), a pioneering company in the Bitcoin (BTC) sector, has announced a significant milestone with the completion of its 12th series stock acquisition rights on Monday, January 6, 2025. This achievement marks a substantial step forward in their Bitcoin-focused strategy, reflecting their commitment to expanding their influence in the digital currency market.
Stock Acquisition and Financial Impact
The company successfully issued stocks through EVO FUND, with the full exercise of 29,000 units, culminating in the generation of 2.9 million new shares. This maneuver enabled Metaplanet to raise a substantial sum of ¥9.5 billion, with ¥4.5 billion accrued from the 4th series and an additional ¥5 billion from the 5th series. As a result, the company’s outstanding shares have soared to 62.9 million, indicating an 8 percent dilution in the existing stock market.
Metaplanet’s Bitcoin Accumulation Strategy
Since adopting its Bitcoin strategy in April 2024, Metaplanet has acquired approximately 1,762 BTC. The company has adeptly leveraged global capital markets, particularly after its stock market listing on OTCQX in late 2024. By channeling cash flows from its core business operations, including hotel management and the development of Bitcoin-native businesses, Metaplanet is steadily fortifying its Bitcoin strategy.
Future Aspirations and Bitcoin Holdings
Looking ahead to 2025, Metaplanet aims to expand its Bitcoin holdings to 10,000 BTC, as articulated by CEO Simon Gerovich. This ambitious target underscores the company’s unwavering dedication to capitalizing on Bitcoin’s potential as a transformative financial asset.
Impact on the BTC Market
Metaplanet’s successful Bitcoin strategy has set a precedent, inspiring other global companies to explore similar paths. This strategic shift has contributed to a gradual reduction in the supply of Bitcoins available for sale on centralized exchanges and over-the-counter (OTC) platforms.
In the preceding week, over 35,400 Bitcoins were withdrawn from centralized exchanges, notwithstanding the lackluster performance of US spot BTC ETFs in the initial week of 2025. As whale investors continue to amass more Bitcoins, the underlying value has demonstrated resilience, recovering from recent corrections. Notably, in the last 24 hours, Bitcoin’s price surged around 2 percent, surpassing $99,500 earlier on Monday.
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FAQs
How much Bitcoin does Metaplanet own?
As of January 2025, Metaplanet holds approximately 1,762 BTC and has plans to amplify this figure to 10,000 BTC over the next year.
What is Metaplanet’s Bitcoin strategy?
Metaplanet has been actively acquiring Bitcoin since April 2024, with the objective of elevating its holdings to 10,000 BTC. This strategy aims to enhance the company’s value and business operations.
What will Bitcoin be worth in 10 years?
Forecasting a 10-year growth trajectory for a volatile asset like Bitcoin is challenging. However, projections suggest that by 2030, the BTC price could surpass $600,000, with the potential to reach 1 million dollars as global adoption accelerates.
