Japan’s Metaplanet Crosses $1 Billion in Bitcoin, Eyes Aggressive Expansion

Bitcoin Recovers Above $101K After US-Iran Conflict Sparks Crypto Market Panic

Metaplanet (3350) has made another significant move in the Bitcoin investment space, increasing its total BTC holdings to 2,100 BTC. The company recently purchased 68.59 BTC for $6.6 million, at an average price of $96,335 per Bitcoin, further solidifying its long-term commitment to the world’s leading cryptocurrency.

With this latest acquisition, Metaplanet now owns 0.01% of Bitcoin’s total 21 million BTC supply that will ever be mined.

$20 Million Raised in Equity Capital for Bitcoin Expansion

Crypto analyst Dylan Le Clair revealed that Metaplanet successfully raised $20 million in equity capital within the first two trading days of its “21 million plan.” This initiative aligns with the company’s aggressive Bitcoin accumulation strategy, mirroring the approach taken by other institutions embracing BTC as a store of value.

Metaplanet Announces 10-1 Stock Split

In another major announcement, Metaplanet confirmed a 10-1 stock split scheduled for April 1, 2025. This comes just eight months after the company executed a 1-for-10 reverse stock split, signaling strong investor confidence and increasing market accessibility.

As of the latest market update, Metaplanet shares are trading at 6,260 JPY, reflecting a 1% increase amid growing institutional interest in its Bitcoin-focused strategy.

Why Metaplanet’s Bitcoin Bet Matters

Metaplanet’s continuous Bitcoin accumulation highlights the growing institutional trend of BTC adoption. The move comes at a time when more companies are diversifying into digital assets as a hedge against economic uncertainties. With institutional Bitcoin holdings on the rise, Metaplanet’s strategic BTC investment could strengthen its position in the evolving financial landscape.

Conclusion: Metaplanet’s Long-Term Bitcoin Strategy Gains Momentum

With 2,100 BTC now in its portfolio, a $20 million capital boost, and an upcoming 10-1 stock split, Metaplanet is positioning itself as a key player in institutional Bitcoin adoption. Investors will be closely watching how the company navigates the market in the coming months.

Disclaimer:

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any investment decisions.

Tags: Metaplanet

Sandeep B

Sandeep is Crypto Analyst, with over three years of experience in the crypto industry. With a deep understanding of the ever-evolving crypto market and a passion for sharing his knowledge with others. As an analyst, he has spent countless hours analyzing crypto market trends and studying the latest developments in the industry. Sandeep is also a skilled writer and digital marketer.