Metaplanet’s Bitcoin Empire Expands: $2B in Reserves and Counting! 🚀💰

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In a world where the pursuit of wealth often leads men to the most unexpected paths, the Tokyo-listed company Metaplanet has quietly added 463 more Bitcoin to its vault, a move that seems almost as monumental as the construction of the great pyramids. This purchase, made on August 4, has lifted the company’s total holdings to a staggering 17,595 BTC. One might say, with a hint of sarcasm, that the firm is still all-in on its late-2024 shift to treat Bitcoin as a core business, as if there were any doubt in the matter. 🤔

The latest haul, costing about ¥7.995 billion (a little over $54 million), at an average price of ¥17.27 million ($117,420) per coin, is a testament to the company’s unwavering commitment to this digital currency. At current rates, that stash is worth roughly ¥261 billion (about $1.78 billion)—though Metaplanet’s own calculations, which factor in recent price gains, value it closer to $2 billion. One can only imagine the board meetings filled with heated debates over whether to hold or fold, with the final decision always being, “More Bitcoin!” 🚀

Across every buy so far, the company’s average cost sits at ¥14.85 million ($101,010) per BTC, meaning they are currently sitting on a rather comfortable paper gain. But, as we all know, paper gains are like the promises of spring—they look beautiful until the first frost. 🍂

*Metaplanet Acquires Additional 463 $BTC, Total Holdings Reach 17,595 BTC*

— Metaplanet Inc. (@Metaplanet_JP) August 4, 2025

Custom Metrics Spotlight Growth

Metaplanet tracks its progress with a unique set of metrics, including the “BTC Yield,” which hit nearly 25% for the quarter ending August 4. While this is a significant drop from the 129% recorded last quarter, it’s still a respectable figure in the grand scheme of things. The company also reports “BTC Gain” and “BTC ¥ Gain” to illustrate the value added for investors in both coins and yen. It’s a bit like keeping score in a game of chess, where every move is crucial, and the final tally determines the winner. 🏆

Big Capital-Raise Filing

This past Friday, Metaplanet filed to raise up to ¥555 billion ($3.6 billion) through new perpetual preferred stock. The proposal includes increasing its authorized share count to 2.72 billion and creating two classes of preferred shares with varying risk and conversion terms. The goal is straightforward: to provide the company with more avenues to secure funds for future Bitcoin purchases. It’s a strategy that would make even the most seasoned financier nod in approval. 🎓

METAPLANET BUYS 463 MORE BITCOIN WORTH $53M — TOTAL HOLDINGS NOW 17,595 BTC (~$2B)

Japan-based Metaplanet adds another 463 BTC to its treasury, spending $53 million

Total Bitcoin holdings now at 17,595 BTC, valued at approximately $2 billion

Solidifies Metaplanet’s…

— First Squawk (@FirstSquawk) August 4, 2025

Per-Share Accumulation Over Dividends

Since December 2024, Metaplanet has utilized equity offerings, bond redemptions, and warrant exercises to fund its Bitcoin spree. A flurry of share issuances in July helped finance the recent 463-coin purchase. Rather than chasing dividends, Metaplanet focuses on per-share Bitcoin growth. As of early August, each 1,000 fully diluted shares represent 0.0201 BTC, up from 0.0161 at the end of June. This gradual increase demonstrates how much more Bitcoin each share holds over time, a strategy that mirrors the bold bets of other companies in the space. 🌟

If Metaplanet reaches its ambitious goal of 210,000 BTC by 2027, it will stand alongside corporate giants known for treating their balance sheets as long-term Bitcoin vehicles. The potential payoff is immense, but a sudden drop in Bitcoin prices could sting just as badly. At the time of writing, Bitcoin was trading at $114,687, down 3.6% in the last seven days. One can only hope that the market’s mood swings are as predictable as the tides. 🌊

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2025-08-04 14:55