In what can only be described as a scene straight out of a financial comedy, Shares of Metaplanet (MTPLF) shot up like a rocket at a carnival, all thanks to a not-so-humble plan to raise a monstrous ¥770.9 billion ($5.4 billion). Seems they’ve decided the best way to spend this mountain of yen is on piling into Bitcoin faster than a squirrel on an acorn stash.
Simon Gerovich, the Big Cheese himself and CEO with a smile as wide as the South China Sea, took to the social media platform X (formerly Twitter, for the uninitiated) to reveal that Metaplanet — a hotelier turned digital gold miner — is on a mission to amass B-T-C like a squirrel hoarding the last nut before winter. Their grand plan? To get their hands on 100,000 BTC by 2026, and a whopping 210,000 BTC by 2027. With that kind of stash, they might just own a slice of the moon! 🌙
They’re issuing 555 million shares via these “moving strike warrants,” which sound like something from a botanical catalog but are actually fancy way of saying you can buy or sell BTC with a price that adjusts faster than a chameleon’s color. Truly, the financial world has become the playground of the clever and the reckless.
According to BitcoinTreasuries.net, Metaplanet is now ninth in the corporate Bitcoin rankings, just behind Coinbase. It’s quite the climb from their humble beginnings as hoteliers, now mooning with the big boys in crypto. Cheers to that!
Gerovich cheerfully adds,
“Thanks to all of our shareholders. We’re just tickled pink to be on this wild ride with you. Metaplanet is accelerating into the future — powered, of course, by Bitcoin.”
As of this writing, their shares are trading at ¥1,554, which is about 15% higher than Monday, and a thumb’s-up of 24% since Friday’s close. If this keeps up, they might need a bigger yacht! 🚤
Read More
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Who was Peter Kwong? Learn as Big Trouble in Little China and The Golden Child Actor Dies at 73
- Gold Rate Forecast
- Batman and Deadpool Unite: Epic DC/Marvel Crossover One-Shots Coming Soon!
- Summer Game Fest 2025 schedule and streams: all event start times
- Elden Ring Nightreign update 1.01.1 patch notes: Revive for solo players, more relics for everyone
- ‘This One’s About You’: Sabrina Carpenter Seemingly Disses Ex-Boyfriend Barry Keoghan in New Song Manchild
- Hunter Schafer Rumored to Play Princess Zelda in Live-Action Zelda Movie
- Netflix’s ‘You’ Season 5 Release Update Has Fans Worried
2025-06-09 21:22