Metaplanet Don Raise Bitcoin Reach 17,595 BTC, Dey Plan ¥555B Shares
Metaplanet, one Japan-listed treasury company, extend dia Bitcoin stash by whip gather 463 BTC on August 4 wit average price of ¥17.27 million (≈$117,420) for each coin. Dis move make dem total holding come to 17,595 BTC (≈$2 billion) and e also raise dia average buy-in to ¥14.85 million (≈$101,010). Even tho Bitcoin drop small like 3.6% for that one week, di position still dey profitable for paper. Dem dey measure how dem dey perform using “BTC Yield” metric, wey hit almost 25% dis quarter. Since December 2024, Metaplanet don dey focused on growing Bitcoin per share—their allocation rise from 0.0161 to 0.0201 BTC per 1,000 fully diluted shares between June and August. To fit gather more Bitcoin, dem file to issue up to ¥555 billion ($3.7 billion) in perpetual preferred shares, increase their authorized shares to 2.72 billion. According to Bitcointreasuries, Metaplanet now dey rank seven globally among corporate Bitcoin holders and dem dey target 210,000 BTC by 2027.
Bullish
Metaplanet just grab 463 BTC and plan to issue ¥555 billion perpetual preferred shares to fund more Bitcoin purchase show say strong institutional demand and accumulation dey. This steady buying pressure fit support Bitcoin price short term by absorbing supply and e tell say corporate treasury adoption dey grow, wey fit attract more investors. For long term, the company target 210,000 BTC by 2027 show commitment to steady accumulation, wey dey reinforce bullish fundamentals for market stability and possible price increase.