#Metaplanet增持比特币 Metaplanet (listed on the Tokyo Stock Exchange) has recently become the focus of the Asian market due to its aggressive accumulation of Bitcoin. The company mimics MicroStrategy's Bitcoin investment strategy and plans to increase its Bitcoin holdings to 10,000 by the end of 2025 and further expand to 21,000 in 2026, aiming to become one of the world's largest corporate Bitcoin holders.
Metaplanet's Bitcoin Accumulation Strategy
1. Diversified Financing: Metaplanet raises funds through the issuance of zero-coupon bonds, equity financing, and convertible bonds. For example, in December 2024, the company purchased 619.7 Bitcoins through the issuance of 9.5 billion yen (approximately $65 million) in bonds, increasing its total holdings to 1,762. In February 2025, Metaplanet further increased its holdings by 269.43 BTC, bringing its total holdings to over 2,031, with an average cost of about $80,394 per coin.
2. Capital Market Innovation: Metaplanet launched the “21 Million Plan,” raising $745 million by issuing 21 million mobile exercise warrants (without discount) to minimize shareholder dilution and maximize Bitcoin accumulation efficiency.
Market Impact and Stock Performance
- Metaplanet's Bitcoin strategy drove its stock price up 2,253% in 2024, with a 78% increase from the beginning of 2025 to now.
- The company adopts the “Bitcoin Standard,” measuring performance in BTC rather than fiat currency, emphasizing long-term holding over short-term arbitrage.
Industry Position and Future Outlook
Currently, Metaplanet is the largest corporate Bitcoin holder in Asia, ranked 12th globally. Its strategy resonates with the market's optimistic expectations for Bitcoin (such as VanEck predicting BTC could reach $200,000 by 2025). If the United States adopts a Bitcoin reserve policy, Metaplanet believes it will trigger a global institutional follow-up accumulation.
Metaplanet's aggressive accumulation reflects corporate confidence in Bitcoin as an inflation-hedging asset, and its success will depend on BTC's long-term price trends and the sustainability of its financing.
