Bitcoin Bonanza: Metaplanet’s Wild Ride 🚀

by

It’s official: Metaplanet has gone and done it. They’ve managed to amass a whopping 10,000 Bitcoins, six whole months ahead of schedule 🤯. We’re not sure what’s more impressive, the fact that they’ve achieved their goal or the fact that they had a goal in the first place 🤔.

According to their latest announcement, the Tokyo-listed company snapped up 1,112 additional Bitcoins at a cool $105,000 each. That’s roughly 16.88 billion yen, or about $110 million, for those who are counting 💸. This brings their total holdings to exactly 10,000 BTC, because who needs a round number when you can have a precise one 🤓?

*Metaplanet Acquires Additional 1,112 $BTC, Total Holdings Reach 10,000 BTC*

— Metaplanet Inc. (@Metaplanet_JP) June 16, 2025

But wait, there’s more! The company also issued a new $210 million bond to EVO Fund, because who doesn’t love a good bond 📈? These zero-interest bonds are set to mature in December 2025, but can be redeemed earlier, because flexibility is key 🤸‍♀️.

The entire amount raised will be directed towards buying even more Bitcoin, because why stop now 🚀? The company expects little impact on its full-year earnings, but will update the market if anything changes, because transparency is important 📊.

Originally, Metaplanet’s goal was to reach 21,000 BTC by 2026, but they’ve since raised the bar to 100,000 BTC by the end of 2026 and 210,000 BTC by 2027 🚀. That final figure would represent a whopping 1% of Bitcoin’s total supply, because who doesn’t love a good percentage 📊?

The company also uses internal performance metrics to track progress, because who doesn’t love a good metric 📊? One of these, BTC Yield, measures how much Bitcoin is held per fully diluted share and is designed to reflect the impact of both buying BTC and issuing shares 🤔. As of June 16, the yield for the current quarter was 87.2%, because precision is key 🤓.

To finance its expansion, Metaplanet has also raised money through stock sales, because who doesn’t love a good stock sale 📈? It granted EVO Fund 21 million new share rights in five tranches in January, with flexible pricing and no discounts, because flexibility is key 🤸‍♀️.

And there you have it, folks. Metaplanet’s wild ride to Bitcoin dominance 🚀. Will they reach their goal of 210,000 BTC by 2027? Only time will tell ⏰. But one thing’s for sure, it’s going to be a wild ride 🎢.

Read More

2025-06-16 07:52