Metaplanet’s Bitcoin expansion plans
The overall goal is 10,000 BTC, Meta Planet Corporation intends to increase its Bitcoin This year it has increased its holdings by 470%. This follows the cumulative approach first proposed in April 2024.
For the Tokyo-based investment firm, Chief Executive Simon Gerovich said 2024 will be a year of transformation. The company solidified its position as the top Bitcoin vault company in Asia, setting new records and increasing the size of its Bitcoin vaults. This year, the company emphasizes execution to bring more value to owners.
Source: Metaplanet Inc.
According to regulatory disclosures in December, Metaplanet holds 1,761.98 BTC, worth approximately 27.2 billion yen ($173.6 million). The company purchased 19 bitcoins last year at an average price of 11.8 million yen per bitcoin, or about $75,000. The highest single purchase volume in December was 619.70 BTC, amounting to 9.5 billion yen, accounting for 35% of the total holdings.
The company started its Bitcoin journey with 97.8 BTC in April 2024, and its holdings increased rapidly in just six months, especially between October and December. Bitcoin yield, which measures Bitcoin ownership relative to total equity, increased from 42% to 310% in the most recent quarter, reflecting an increase in Bitcoin purchases relative to stock issuance.
Price Forecasts and Market Conditions
Metaplanet’s largest acquisition came from Bitcoin, which traded for nearly $100,000. Forecasters such as VanEck and Bitwise expect prices in 2025 to be between $180,000 and $200,000. These predictions drive organizations toward long-term expansion and begin accumulating Bitcoins.
Metaplanet changed its shareholding structure in mid-2024 to comply with Tokyo Stock Exchange rules. In June, the company consolidated its shares at a ratio of 10 to 1 to meet the minimum trading price standard of 50,000 yen. The company began a rights issue in August, increasing the number of shares to 36.27 million shares and received 10 billion yen ($63.7 million) in proceeds from more than 13,000 investors.
In December, the company raised more funds through two bond issuances, totaling 9.5 billion yen ($60.3 million). The company established an equity plan in November to help meet its upcoming financing needs. These moves improve its ability to expand its Bitcoin holdings and strengthen its financial position.
transition to system accumulation
On December 18, Metaplanet officially divided its Bitcoin funding business into an independent business unit. The change signals a shift from one-time purchases to a methodical accumulation plan. As detailed in the company’s filing with the Tokyo Stock Exchange, proceeds from several financing events have been earmarked for the purchase of Bitcoin.
Metaplanet’s approach is similar to MicroStrategy, which is known for its corporate Bitcoin acquisitions. Reaching 10,000 BTC is an ambitious goal and shows promise for Bitcoin’s long-term future.
Metaplanet’s aggressive approach exposes a larger trend among businesses making Bitcoin investments. Rising cryptocurrency prices and institutional adoption forecasts still fuel curiosity about Bitcoin as a major growth engine. Metaplanet’s strategy puts it ahead of this trend as it demonstrates its commitment to capitalizing on opportunities in a changing market.
