Metaplanet’s Bitcoin Bonanza: Betting Big While Stock Tanks 😅

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Japan’s Metaplanet, ever the gambler, tossed another $633 million into the Bitcoin pot, scooping up 5,419 shiny coins. Now sitting on a mountain of 25,555 BTC, they’ve climbed to the fifth spot in the global corporate Bitcoin treasure hunt. 🏴‍☠️ According to BitcoinTreasuries.NET, this move makes them the crypto world’s newest heavyweight contender. But hey, who’s counting?

With each Bitcoin costing them a cool 17,281,012 yen (about $117,000), Metaplanet’s latest haul is already underwater by 3.9%. Bitcoin’s current price? A measly $112,500. 😬 Meanwhile, their Bitcoin yield popped to 10.3% from July to September. Not bad, but definitely not enough to drown out the sound of shareholders grumbling.

Metaplanet’s Bitcoin stash is now worth nearly $3 billion-up from $2.1 billion last month. But their stock? Well, let’s just say it’s not exactly riding the same rocket ship. 🚀📉

Metaplanet’s Stock: Down But Not Out

Shares of Metaplanet edged up 3.8% on Monday, but the stock’s been in a slump, down over 30% in the past month. Trading at $4.09, it’s a far cry from its all-time high of $15.35 back in May. 📉 Still, the stock’s up 78% this year. Silver lining? Maybe.

Metaplanet’s Bold Bet

Despite the stock’s downward spiral, Metaplanet’s doubling down on Bitcoin. They’re throwing cash at their crypto treasury like there’s no tomorrow. Earlier this month, they launched Metaplanet Income Corp., a Miami-based subsidiary with $15 million in seed money. Not stopping there, they also unveiled Bitcoin Japan Inc. to beef up their domestic Bitcoin game. 🍣

And in a move that screams “YOLO,” Metaplanet plans to issue 385 million new shares, raising an estimated $1.44 billion to fuel their Bitcoin obsession. 🔥 The best part? These shares are being offered at a 10% discount. Because nothing says confidence like selling your stock for less than it’s worth. 💸

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2025-09-22 13:56