Key Takeaways:
- Metaplanet’s stock hits an all-time high of JP¥6,650, reflecting massive gains.
- Michael Saylor praises the firm for its aggressive Bitcoin-focused investment approach.
- Metaplanet raises ¥4 billion via bonds at 0% interest to expand its Bitcoin holdings.
Metaplanet’s Unstoppable Rally
Japanese firm Metaplanet, often referred to as Asia’s MicroStrategy, has witnessed an extraordinary stock surge. The company’s stock price jumped another 13% this week, reaching a historic high of JP¥6,650. Over the past month, Metaplanet shares have skyrocketed by 81%, while its yearly gains stand at a staggering 4,000%.
MicroStrategy Chairman Michael Saylor took notice of the company’s unwavering commitment to Bitcoin accumulation, encouraging his followers to track Metaplanet’s progress. The stock’s rapid appreciation has positioned Metaplanet among Japan’s top 20 most liquid stocks, attracting significant investor attention.
Michael Saylor Applauds Metaplanet’s Strategy
Michael Saylor has been a long-time advocate of corporate Bitcoin investments, and Metaplanet’s approach has aligned closely with his philosophy. The stock’s meteoric rise—from under JP¥1,000 in October 2024 to over JP¥6,650 today—has demonstrated the firm’s bold market stance.
Bitcoin strategist Dylan LeClair highlighted Metaplanet’s trading volume of ¥42.6 billion ($277 million), showcasing its rising influence within Japan’s financial landscape. Meanwhile, CEO Simon Gerovich took a subtle jab at JPMorgan and Morgan Stanley, pointing out their short positions against Metaplanet despite its remarkable growth.
¥4 Billion Bitcoin Bond Boosts Holdings
Metaplanet recently issued its sixth unsecured corporate bond, raising ¥4 billion at a 0% interest rate. The move allows the company to rapidly acquire more Bitcoin, reinforcing its strategy of leveraging capital markets to strengthen its treasury.
With these funds, Metaplanet aims to bypass traditional stock acquisition waiting periods and immediately expand its Bitcoin reserves. Additionally, the company announced its ambition to purchase 21,000 BTC by 2026, further cementing its position as a major corporate Bitcoin holder.
MicroStrategy’s Bitcoin Accumulation Continues
Michael Saylor’s MicroStrategy remains a leading institutional Bitcoin investor, recently adding 7,633 BTC worth $742 million to its holdings. The firm now owns 478,740 BTC, maintaining its aggressive acquisition strategy despite Bitcoin’s recent 2% dip to $96,226.
Despite continued institutional accumulation, broader market concerns and upcoming US CPI inflation data have led some investors to remain cautious. However, as firms like Metaplanet and MicroStrategy continue expanding their Bitcoin portfolios, the long-term outlook remains bullish for crypto-backed corporate strategies.
