Metaplanet Company has indeed increased its holdings in Bitcoin recently and has adopted a series of strategies to advance its Bitcoin reserve plan. Here are the details:
1. Increased Holdings in Bitcoin:
• Metaplanet spent 4.2 billion yen (approximately 28.23 million USD) on April 21 to acquire 330 Bitcoins, with an average purchase price of about 85,554 USD.
• As of now, Metaplanet holds a total of 4,855 Bitcoins, with a total cost of 62.165 billion yen (approximately 441.6 million USD), and the average cost per Bitcoin is about 90,973 USD.
2. Strategic Goals:
• Metaplanet's goal is to hold 10,000 Bitcoins by the end of 2025 and 21,000 Bitcoins by the end of 2026.
• The company's CEO stated in a shareholder letter that despite significant market fluctuations, the company will continue to firmly advance its Bitcoin strategy.
3. Financing and Funding Sources:
• Metaplanet raises funds by issuing stocks and bonds to support its Bitcoin purchase plan. For example, the company recently completed financing of approximately 87 million USD and plans to further increase its Bitcoin holdings by issuing zero-interest common bonds.
4. Market Performance:
• Metaplanet's stock price has increased by 1,080% over the past year, far exceeding the performance of the Nikkei Index. This indicates market recognition and support for its Bitcoin strategy.
5. Transparency and Quantitative Indicators:
• The company has disclosed metrics such as BTC Gain and BTC ¥ Gain to enhance transparency and help investors assess the potential increase in its Bitcoin holdings and their yen equivalent.
In summary, Metaplanet is actively advancing its Bitcoin reserve plan through continuous increases in Bitcoin holdings, clear strategic goals, utilizing various financing methods, and improving transparency, achieving significant results in the market.