MetaPlanet Inc. announced on June 16 that it has purchased an additional 1,112 BTC as part of its Bitcoin treasury strategy. The average purchase price was 15,186,668 yen per BTC, totaling 16.88 billion yen.
With this additional purchase, the company's total Bitcoin holdings have surpassed 10,000 BTC. The average purchase price is 13,915,230 yen per BTC, and the total acquisition cost is approximately 139,520,000,000 yen.
Metaplanet is developing an innovative equity and debt financing strategy that places Bitcoin at the core of its financial reserve assets, aiming to maximize shareholder value.
On June 6, the company revised its previously stated "21 Million Plan" and announced a new "555 Million Plan." The holding targets have been significantly raised, aiming for 30,000 BTC by the end of 2025 and a final target of over 210,000 BTC by the end of 2027.
Source: Metaplanet June 6 release materials
Secure purchase funds with a unique fundraising strategy.
Source: Official X of Simon Gerowitch, CEO
On June 16, the stock price of Metaplanet (3350) reached 1,769 yen (+17.23% compared to the previous day), with a market capitalization of 1 trillion yen.
The company is utilizing the funds raised through the issuance of zero-coupon corporate bonds for EVO FUND and the exercise of stock options as a source for purchasing Bitcoin.
Recently, on May 28, the 16th ordinary bond (50 million USD) was issued, followed by the 17th ordinary bond (21 million USD) on the 29th, raising a total of 71 million USD (approximately 10.3 billion yen) over two days. All of these funds were allocated for additional purchases of Bitcoin.
They have indicated a policy of strategically continuing to achieve the holding of 30,000 BTC by the end of 2025 while assessing market conditions and stock price trends.
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Metaplanet adds Bitcoin to its holdings | Holdings exceed 10,000 BTC
MetaPlanet Inc. announced on June 16 that it has purchased an additional 1,112 BTC as part of its Bitcoin treasury strategy. The average purchase price was 15,186,668 yen per BTC, totaling 16.88 billion yen.
With this additional purchase, the company's total Bitcoin holdings have surpassed 10,000 BTC. The average purchase price is 13,915,230 yen per BTC, and the total acquisition cost is approximately 139,520,000,000 yen.
Metaplanet is developing an innovative equity and debt financing strategy that places Bitcoin at the core of its financial reserve assets, aiming to maximize shareholder value.
On June 6, the company revised its previously stated "21 Million Plan" and announced a new "555 Million Plan." The holding targets have been significantly raised, aiming for 30,000 BTC by the end of 2025 and a final target of over 210,000 BTC by the end of 2027.
Secure purchase funds with a unique fundraising strategy.
On June 16, the stock price of Metaplanet (3350) reached 1,769 yen (+17.23% compared to the previous day), with a market capitalization of 1 trillion yen.
The company is utilizing the funds raised through the issuance of zero-coupon corporate bonds for EVO FUND and the exercise of stock options as a source for purchasing Bitcoin.
Recently, on May 28, the 16th ordinary bond (50 million USD) was issued, followed by the 17th ordinary bond (21 million USD) on the 29th, raising a total of 71 million USD (approximately 10.3 billion yen) over two days. All of these funds were allocated for additional purchases of Bitcoin.
They have indicated a policy of strategically continuing to achieve the holding of 30,000 BTC by the end of 2025 while assessing market conditions and stock price trends.