Metaplanet jompa 190% on top Bitcoin strategy, dem dey target 210K BTC
Metaplanet shares don shoot up 190% this year for 2025, well pass the TOPIX Core30 gain wey be 7.2%, all because dem dey push Bitcoin treasury strategy well well. This Tokyo-listed company wey change im name late 2024 to focus on Bitcoin collect don spend over $100 million on BTC for August alone, including $53.7 million wey dem used buy 463 BTC on August 4, plus another $61.4 million soon after. Their shareholder dem don grow by 350% reach more than 180,000 investors. Metaplanet dey plan to raise $3.7 billion through equity offering to buy 210,000 BTC—1% of all circulating Bitcoin—by 2027. As the only Japanese public company wey dey offer regulated Bitcoin exposure, dem beat big Core30 members like Mitsubishi, Nintendo and SoftBank. Dis bold gathery show say investors gatz trust dem well and fit change how corporate crypto treasury market dey move.
Bullish
Di strong way Metaplanet dey gather Bitcoin show say corporate demand for BTC high, e dey reduce di supply wey dey ground and e dey boost investor confidence. For short term, as dem still dey buy plenty, e fit help make price go up as traders dey expect say liquidity go low. For long term, di plan of di company to hold 1% of Bitcoin supply show say corporate treasuries still dey demand, wey fit make price stable and bring more institutional interest. Overall, dis news good for Bitcoin market outlook.