Metaplanet Inc. Stock: Soars 25.58% Amid Bitcoin Accumulation Push

TLDR

• Metaplanet Inc. Soars 25.58% After Bitcoin Acquisition

• Metaplanet Hits Bitcoin Milestone, Stock Prices Surge

• Metaplanet’s Bold Bitcoin Strategy Boosts Stock by 25%

• Metaplanet Stock Skyrockets with Major Bitcoin Purchase

• Metaplanet Eyes 100,000 BTC by 2026, Stock Rises 25%

Metaplanet Inc.’s stock price surged by 25.58% to reach 1,895.00 at the close of trading, reflecting investor optimism. The significant rally began after 1:00 PM, signaling a strong upward trend. This rise coincided with the company’s announcement of expanding its Bitcoin holdings, with Metaplanet’s stock benefiting from growing market confidence.

Metaplanet Inc. (3350.T)

Metaplanet’s Bitcoin Acquisition Milestone

Metaplanet Inc. recently revealed the completion of a major Bitcoin purchase. The company acquired 1,112 BTC, bringing its total Bitcoin holdings to 10,000 BTC. This milestone fulfills the firm’s 2025 goal of accumulating 10,000 BTC. The acquisition amounted to $117.2 million, with the average price of Bitcoin purchased at $105,435.

Simon Gerovich, CEO of Metaplanet, emphasized the company’s commitment to increasing its Bitcoin reserves. The firm’s total investment in Bitcoin now stands at approximately $947 million, with an average price of $94,697 per BTC. Metaplanet continues to expand its cryptocurrency holdings as part of a broader strategy to capitalize on Bitcoin’s long-term potential.

Bonds Issued to Fund Bitcoin Purchases

In addition to Bitcoin purchases, Metaplanet announced the issuance of $210 million in bonds. These bonds, which will mature in December 2025 are aimed at increasing the Bitcoin reserves. The issuance of 0% ordinary bonds will fund the company’s continued Bitcoin acquisition strategy, with minimal impact on its financial results for the fiscal year ending in 2025.

The company outlined that the funds raised through this bond issuance will be directed toward purchasing additional Bitcoin, supporting its Bitcoin Treasury operations. The firm has also set ambitious goals, aiming to acquire 100,000 BTC by 2026 and 210,000 BTC by the end of 2027. These goals align with Metaplanet’s broader strategy to become one of Asia’s largest holders of Bitcoin.

Metaplanet’s proactive approach to Bitcoin accumulation reflects its confidence in the future of cryptocurrency. As the company moves forward with its Bitcoin acquisition plans, the market continues to respond favorably. Investors are closely monitoring these developments, as the firm’s stock performance ties closely to its Bitcoin strategy.