Metaplanet Raises 4.5 Billion JPY for Bitcoin Purchases, Stock Shoots 4,000

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As a seasoned researcher and analyst who has closely followed the blockchain and cryptocurrency space for years, I must admit that I am thoroughly impressed by Metaplanet’s bold move to issue bonds worth 4.5 billion Japanese Yen to fuel its Bitcoin buying spree. This strategy mirrors MicroStrategy’s approach, further validating the belief that Bitcoin is a long-term store of value and a hedge against inflation.

On Japan’s home turf, Metaplanet – known as MicroStrategy in other circles – has gathered an extra 4.5 billion Japanese Yen by selling bonds without interest. This fundraising event is aimed at boosting their Bitcoin purchases. The bonds were issued to EVO FUND and mature on June 16, 2025. As a result of this move, the company’s stock prices soared, setting new record highs, and pushing the company’s total value beyond $1 billion.

Metaplanet Issues 4.5 Billion JPY in Bonds for Bitcoin Purchases

On Tuesday, Metaplanet, a significant Japanese tech company, declared the release of their 4th Series Ordinary Bonds aimed at gathering funds for Bitcoin acquisitions. In their announcement, Japan’s MicroStrategy revealed intentions to issue bonds with a total value of up to 4.5 billion yen. Each bond is expected to be worth approximately 2.5 billion yen.

Furthermore, the Japanese technology company mentioned they intend to offer additional ordinary bonds (private placement bonds), amounting up to 5 billion JPY, to their bondholders. These potential bond sales may occur in one large transaction or multiple smaller ones. At this point, specifics about the interest rate, payment schedule, and maturity dates for these future bond issues are still undetermined.

As a crypto investor, I’ve taken inspiration from MicroStrategy’s strategy of purchasing Bitcoins. This Japanese firm has been actively buying Bitcoins since May 2024, showing a remarkable aggression in their approach. In just a short span of time, they’ve managed to add over 1000 Bitcoin to their balance sheet, demonstrating a clear commitment to this digital asset.

Stock Price Hits New All-Time High Above 4,000 JPY

Metaplanet’s shares have experienced a strong upward trend lately, reaching an unprecedented peak of 4,270 JPY today. Over the past five trading days, the stock price has skyrocketed by 51%, and this surge has boosted its year-to-date growth to an impressive 2,450%. This remarkable increase is largely attributed to the company’s strategic move of acquiring Bitcoin, which has significantly benefited its shareholders.

Simon Gerovich, CEO of Metaplanet, shared some great news for the company as its shares reached unprecedented heights. The highest price ever recorded was ¥4,270, with a massive trading volume of around ¥27.8 billion (approximately $180 million). This surge pushed the company’s total value to over $1 billion, which is an impressive milestone.

Milestones Achieved Today

All-Time High: ¥4,270
Record Volume: ¥27.8B (~$180M)
Market Cap: $1B milestone reached

Thank you to all shareholders for being part of this journey!

— Simon Gerovich (@gerovich) December 17, 2024

Japanese company is additionally benefiting its stockholders by implementing a Bitcoin-oriented shareholder plan. Lately, they have collaborated with SBI VC Trade Co., Ltd., a subsidiary of SBI Holdings, Inc., for this program that aims to provide extra value to shareholders via Bitcoin-related rewards.

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2024-12-17 11:55