Crypto NewsAnalysisAsia's MicroStrategy Giant Announces $745 Million New Bitcoin (BTC) Step!

Asia's MicroStrategy Giant Announces $745 Million New Bitcoin (BTC) Step!

Metaplanet, known as Asia’s MicroStrategy, also announced that it raised $745 million by issuing 21 million shares to increase its Bitcoin holdings.

Follow Bitcoin Sistemi Google News Button

Japanese investment firm Metaplanet Inc., which has been growing rapidly with its investments in Bitcoin, has announced a bold plan to strengthen its BTC strategy in the next two years.

Metaplanet, known as Asia's MicroStrategy and following in the footsteps of MicroStrategy in accumulating BTC, announced its goal of accumulating 10 thousand Bitcoins by the end of 2025 and 21 thousand Bitcoins by the end of 2026.

Metaplanet also announced that it raised 116 billion yen ($745 million) by issuing 21 million shares via 0% discount strike options to increase its Bitcoin holdings. At this point, Metaplanet has made the largest Bitcoin-focused capital raise in Asian stock market history.

Metaplanet CEO Simon Gerovich stated that the issuance is part of the company's “Bitcoin-first, Bitcoin-only” strategy.

“The market has recognized Metaplanet as Tokyo’s leading Bitcoin company, and we are using this momentum to solidify our position as a global leader.

Our vision is to lead a Bitcoin renaissance in Japan and emerge as one of the largest institutional Bitcoin holders globally. This plan is our commitment to that future.

The latest share issuance is also in line with the company’s plans to continue increasing its bitcoin holdings amid the yen’s depreciation and Bitcoin’s all-time high.

We do not measure performance in fiat currencies like yen or dollars; our yardstick is Bitcoin itself.

Our mission is to maximize Bitcoin per share for our shareholders. Bitcoin is not just an asset; it is an exit strategy. We are here to accumulate and lead, not sell.”

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week