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Bitcoin instead of Yen: Metaplanet turns into a crypto giant

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Bitcoin instead of Yen: Metaplanet turns into a crypto giant

🚀 Metaplanet enters the top 5 corporate Bitcoin holders.

The Japanese company Metaplanet has made a major purchase and officially secured fifth place among the world’s largest corporate Bitcoin holders. After acquiring 5,419 BTC worth $633 million, its total portfolio reached 25,555 coins — nearly $3 billion at the current rate.

Bitcoin instead of Yen: Metaplanet turns into a crypto giant

Top-10 corporate Bitcoin holders. Source: Bitcoin Treasuries

A major deal at the highs

On September 22, Metaplanet announced the purchase at an average price of 17,281,012 yen (around $117,000 per coin). The deal immediately placed the company in the top-5 global players according to Bitcoin Treasuries.
However, the timing was not ideal: the current price of about $112,500 makes the deal 3.9% unprofitable. Despite this, in a longer-term perspective Metaplanet shows results: since July 1, Bitcoin’s return per company share has been +10.3%.

Pressure on the stock

Investors are not too pleased yet. Despite the growth of the Bitcoin reserve from $2.1 billion a month ago to nearly $3 billion today, Metaplanet’s shares have fallen by more than 30% over the past month.
The current stock price is $4.09, compared to the historical peak of $15.35 reached just four months ago on May 21. Nevertheless, since the beginning of the year, the shares are still up nearly 78%, providing grounds for cautious optimism.

Bitcoin instead of Yen: Metaplanet turns into a crypto giant

Expansion plans

Metaplanet is not slowing down. The company officially announced the creation of a U.S. subsidiary — Metaplanet Income Corp. with $15 million in capital and registration in Miami. At the same time, Bitcoin Japan Inc. was established to strengthen local operations and presence in the domestic market.


Bitcoin instead of Yen: Metaplanet turns into a crypto giant

The biggest step forward, however, is the issuance of 385 million new shares. They are planned to be offered at nearly a 10% discount to raise about $1.44 billion. These funds will go toward further Bitcoin accumulation and expansion of related business areas.

⚡️ What it means for the market

Metaplanet is essentially following MicroStrategy’s strategy, betting on aggressive BTC accumulation as its core asset and growth engine.
While the stock remains under pressure, the course toward becoming a true “Bitcoin company” is reinforced by concrete steps: international expansion, new legal entities, and additional financing.

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