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Metaplanet Expands Bitcoin Holdings to 2,100 BTC, Announces Stock Split

Thu, 20 Feb 2025, 06:02 am UTC

Metaplanet Expands Bitcoin Holdings to 2,100 BTC, Announces Stock Split.

Metaplanet (3350) has strengthened its Bitcoin (BTC) position, now holding 2,100 BTC—equivalent to 0.01% of the total 21 million BTC supply. The company recently acquired 68.59 BTC for $6.6 million, averaging $96,335 per BTC.

As part of its ambitious "21 million plan," Metaplanet has raised $20 million in equity capital within the first two trading days, according to analyst Dylan Le Clair. In a strategic move, the company announced a 10-for-1 stock split set for April 1, following a 1-for-10 reverse split just eight months ago.

Metaplanet's aggressive Bitcoin accumulation strategy reflects growing corporate interest in BTC as a treasury asset. The company’s stock is responding positively, rising over 1% in the current trading session, with shares priced at 6,260 JPY.

With increasing institutional Bitcoin adoption and ongoing strategic investments, Metaplanet’s moves could signal further market confidence in BTC as a long-term store of value.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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