Metaplanet’s Bitcoin Bonanza: Stocks Soar, Whales Swim, and JPY Dances! 💃🐋

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Ah, Metaplanet, that illustrious titan of the digital realm, often dubbed Japan’s very own MicroStrategy, has just unveiled a dazzling acquisition of 269.43 BTC, a mere trifle of $26.3 million. This audacious maneuver catapults their total Bitcoin hoard to a staggering 2,000 BTC, sending their stock price soaring—yes, soaring—by over 8% today, as it flirts once more with the 6,500 JPY mark. Since the dawn of 2025, this stock has gallantly appreciated by a remarkable 78%. Who knew numbers could dance so? 🎉

Metaplanet Clocks a BTC Yield of 15.3% in 2025

Simon Gerovich, the illustrious captain of this ship, has proclaimed that this latest Bitcoin acquisition was made at an average price of $97,481 per BTC. And lo! The company has also reported a year-to-date BTC yield of 15.3% in this fine year of 2025. Quite the financial ballet, wouldn’t you say?

As of this very day, February 17, 2025, the firm boasts a total of 2,031.41 BTC, acquired for a princely sum of approximately $163.3 million, with an average cost of $80,394 per Bitcoin. A veritable treasure trove, if I may be so bold!

Now, let us not forget the company’s BTC Yield, a curious metric that measures Bitcoin holdings against fully diluted shares, which reached a staggering 309.8% in Q4 2024 and a modest 15.3% in early 2025. This Bitcoin bonanza was funded through a JPY 4 billion zero-coupon bond issuance to EVO FUND, maturing in the balmy August of 2025. Ah, the sweet scent of financial engineering!

Moreover, to further fuel its Bitcoin escapades, the company has greenlit the issuance of the 13th to 17th Series of Stock Acquisition Rights, totaling a whopping 21 million shares in five delectable tranches of 4.2 million shares each. Talk about a buffet of options!

Stock Price Eyeing Fresh All-Time Highs?

With year-to-date gains exceeding 78%, this stock is on a rollercoaster ride of unprecedented proportions. Today’s 8% gains have propelled the stock price past the 6,520 JPY threshold, eagerly eyeing fresh all-time highs. Will it reach the stars? 🌟

Furthermore, with the company initiating its Bitcoin Treasury Operations, trading activity in the Japanese market has reached a fever pitch over the past year. Metaplanet has announced its inclusion in the MSCI Japan Index, effective after the market closes on February 28, 2025. This index serves as a beacon for institutional investors worldwide, guiding their decisions on Japanese equities. A veritable lighthouse in the fog of finance!

This inclusion, coupled with the company’s ambitious plan to acquire 21,000 BTC by the end of 2026, could further ignite the stock price. Buckle up, dear investors!

Bitcoin Whale Accumulation Picks Up

The recent acquisition from Japan’s MicroStrategy comes as the Bitcoin price has been flirting around the tantalizing $97,000 levels, albeit facing some selling pressure today. Yet, the whale accumulation for this largest of crypto asset classes continues unabated. 🐋💰

SpotOnChain has reported significant Bitcoin accumulation from a newly minted wallet. In a mere four days, this wallet has withdrawn 568.74 BTC from Binance at an estimated average price of $96,769 per Bitcoin, amounting to a total cost value of approximately $55.04 million. Quite the shopping spree, wouldn’t you agree?

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2025-02-17 07:57