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Metaplanet (MTPLF) News: Buy Rating From Mark Palmer at Benchmark
- Metaplanet, a Tokyo-listed firm, announced the purchase of 1,005 Bitcoin, bringing total holdings to 13,350 BTC worth about $1.4 billion as of June 2025.
- In April 2024, the company transitioned from a small hotel operator to Japan’s first publicly traded bitcoin treasury entity, utilizing bond issuances to finance substantial Bitcoin purchases.
- Metaplanet raised approximately $208 million by issuing zero-coupon bonds denominated in yen, using a portion of the funds for buybacks and the majority to expand its Bitcoin holdings, thereby intensifying its acquisition efforts.
- The company’s stock in Japan surged nearly 10% on a Monday morning, climbing over 370% year-to-date, reflecting strong investor confidence in its Bitcoin-centric growth plan.
- Metaplanet aims to hold 210,000 BTC by the end of 2027, positioning itself as a leading corporate Bitcoin holder, with CEO Simon Gerovich expressing intent to accelerate further purchases.
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15 Articles
Japanese Bitcoin Stock: Michael Saylor-Inspired Company Leaves Galaxy, CleanSpark Trailing, Becomes Fifth-Largest BTC Corporate Holder - Cleanspark (NASDAQ:CLSK)
Japanese investment firm Metaplanet Inc. (OTC:MTPLF) surpassed a couple more Nasdaq-listed companies to become the fifth-largest Bitcoin (CRYPTO: BTC) corporate holder on Monday.
Metaplanet has hit again: the company invests over 100 million US dollars in the next bitcoin tranche – thus pulling past Galaxy Digital. Source: BTC-ECHO BTC-ECHO
CoinStats - Japan-Based Technology Company Metaplanet Con...
Metaplanet purchased another 1,005 Bitcoins worth approximately $108 million, bringing its total Bitcoin holdings to 13,350 BTC. Continue Reading: Japan-Based Technology Company Metaplanet Continues Bitcoin Purchases! Will It Achieve Its Target? Here Are the Details
Metaplanet becomes the 5th largest Bitcoin holder with 13 350 BTC, surpassing Tesla. All details in this article! Article 1 005 new Bitcoins: Metaplanet continues to accumulate! est apparu en premier sur Cointribune.
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