In a move that can only be described as delightfully absurd, Metaplanet, affectionately dubbed Japan’s MicroStrategy, has triumphantly announced the successful raising of 4 billion Yen. This was achieved through the issuance of 0% unsecured, unaltered, ordinary bonds—because who doesn’t love a good bond that promises absolutely nothing? 🎉
Metaplanet’s Grand Plan: 116.3 Billion Yen for Bitcoin! 💸
Metaplanet Inc. has unveiled its grandiose plans to allocate a staggering JPY 107.3 billion (that’s about $717 million for those keeping score) for Bitcoin purchases through February 2027. And just to keep things spicy, they’ve earmarked an additional JPY 5 billion for a Bitcoin income generation business that will be operational through December 2025. Because why not? They’re aiming for a whopping 21,000 BTC in their treasure chest by the end of 2026. 🏴☠️
This announcement follows the company’s rather audacious JPY 4 billion bond issuance to EVO FUND. Currently, they hold a modest 1,761.98 BTC, valued at approximately JPY 27.9 billion. The funding modification includes JPY 4 billion for bond redemption scheduled for August 2025, which will be secured through new stock acquisition rights—whatever that means! 🤷♂️
Metaplanet cites Japan’s economic challenges—such as high debt, negative interest rates, and the ever-dramatic yen depreciation—as the driving forces behind its Bitcoin adoption strategy. They’ve decided that Bitcoin is the shiny new reserve asset to combat inflation and the devaluation of the yen. Because, of course, when in doubt, just buy Bitcoin! 💪
Additionally, the company has set an ambitious target of 35% quarter-over-quarter growth for 2025. This signals a more aggressive approach to yield generation in the upcoming months, which is just a fancy way of saying they’re going all in! 🎲
Welcome to the MSCI Japan Index! 🎊
In a plot twist that could only be described as utterly ludicrous, Metaplanet’s stock has experienced an unprecedented 4000% surge since adopting its Bitcoin strategy. The stock price recently hit a jaw-dropping all-time high of 7,020 JPY on Wednesday, a move that has been met with enthusiastic applause from none other than Microstrategy’s Michael Saylor. 👏
Company CEO Simon Gerovich has announced the inclusion of its stock in the illustrious MSCI Japan Index, effective at the close of February 28, 2025. This index is one of the world’s leading stock market indices, tracking large and mid-cap stocks in Japan—because who doesn’t want to be part of something that sounds so important? 🌍
This strategic move is poised to bring Metaplanet increased visibility and exposure to institutional investors, as their stock will now be included in numerous funds and ETFs that track MSCI indexes. With the potential for passive inflows, Metaplanet could see a delightful rise in demand for its shares. 📈
Gerovich expressed that this inclusion is a significant validation of the company’s growth and its progress in executing its Bitcoin strategy. And who wouldn’t want validation in this wild, wacky world of finance? 🤔
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2025-02-13 12:00