Metaplanet, a Bitcoin investment firm, acquired an additional 156 Bitcoin on March 3, spending approximately $13.4 million. This purchase boosts their total Bitcoin holdings to 2,391 BTC, representing an investment of $196.3 million since April last year. CEO Simon Gerovich is considering potential listings outside Japan, including in the United States, following meetings with the ...
Metaplanet, a Bitcoin investment firm led by CEO Simon Gerovich, recently purchased an additional 156 Bitcoin for about $13.4 million, bringing its total holdings to 2,391 BTC. The firm has invested a total of $196.3 million in Bitcoin since starting its strategy in April 2022 and aims to reach 21,000 BTC by 2026. Gerovich is ...
Metaplanet, a Japanese firm focused on Bitcoin investments, has issued 2 billion yen (around $13.35 million) in bonds to boost its Bitcoin reserves. This marks the seventh bond issuance since May 2024, aiming to acquire more BTC. The 0% ordinary bonds, redeemable in full by August 2025, will fund Metaplanet’s dedicated Bitcoin acquisition fund, Evo ...
Metaplanet has made headlines by acquiring 269 Bitcoin for about 4 billion yen, which boosts its total Bitcoin holdings to 2,031 BTC, worth approximately $196 million. This strategic move has significantly impacted the company’s stock, resulting in a remarkable 73% increase year-to-date. Metaplanet’s average purchase price was around $80,700 per Bitcoin, leading to a 16% ...
The shifting political landscape in the U.S. is influencing how companies approach the Bitcoin Market. Metaplanet, originally a hotel development firm, has adopted a Bitcoin-first strategy after being inspired by MicroStrategy’s success. In 2024, Metaplanet significantly increased its Bitcoin holdings and now possesses at least 1,762 BTC, valued at around $172 million. The company’s growth ...
US President Donald Trump’s pro-crypto stance is driving a Bitcoin boom in Japan, with companies like Metaplanet Inc. seeing massive gains. Metaplanet, which shifted from hotel development to a Bitcoin-focused strategy, has seen its stock increase by nearly 4,800% in the past year. The company’s CEO, Simon Gerovich, credits the surge to rising interest in ...
Japanese Bitcoin investment firm Metaplanet is set to raise 116 billion yen ($745 million) by issuing 21 million shares. This significant capital increase aims to enhance the company’s Bitcoin holdings, with plans to grow from 1,762 BTC to 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. Metaplanet’s strategy focuses on converting ...
Metaplanet, a Japanese publicly traded company, plans to raise about $745 million to buy Bitcoin, aiming to acquire 21,000 BTC by 2026. This move is part of their strategy to enhance their presence in the cryptocurrency Market and tackle the falling value of the yen. To support this capital raise, Metaplanet issued 21 million shares ...
Former President Donald Trump’s potential move to create a Bitcoin strategic reserve could influence Japan and other Asian countries to follow suit, according to Simon Gerovich, CEO of Metaplanet. This Tokyo-based firm, often dubbed Asia’s MicroStrategy, recently saw its share price soar by 1,900% thanks to its Bitcoin investments. Metaplanet holds 1,762 BTC worth around ...
The possible establishment of a Bitcoin strategic reserve by Donald Trump could prompt Japan and other Asian nations to follow suit, according to Metaplanet’s CEO. Metaplanet, often likened to Asia’s MicroStrategy, has seen a remarkable growth of 1,900% in share value due to its strong Bitcoin investments. The company’s strategy started last April when it ...
