Metaplanet Stock Soars 4,000% After Raising 4.5 Billion JPY for Bitcoin

Metaplanet, Japan’s MicroStrategy, has raised 4.5 billion JPY ($28.5 million) from issuing ordinary bonds to buy more Bitcoin.

This is the latest in a series of bond issuances to fund their aggressive Bitcoin buying spree which has boosted the company’s value and investor sentiment.

The bonds are under the 12th Series Stock Acquisition Rights and have no interest and mature on June 16, 2025. EVO FUND has subscribed to the bonds.

Also, Metaplanet will issue private placement bonds up to 5 billion JPY in one or more tranches. Maturity and interest terms are TBA.

Metaplanet Stock Surges 51% in 5 Days

Metaplanet’s Bitcoin focus has caused a massive surge in the stock. In the last 5 trading days, the stock is up 51% and reached a new all-time high of 4,270 JPY. YTD, the stock is up 2,450% vs. traditional indices.

Key highlights of the stock’s performance include:

• All-Time High: ¥4,270 per share

• Record Trading Volume: ¥27.8 billion (~$180 million)

• Market Cap: Surpassed $1 billion, a milestone for the company

CEO Simon Gerovich said: “The market is loving our Bitcoin strategy. We’ve added over 1,000 BTC to our balance sheet since May 2024 and we’re now one of the largest institutional Bitcoin holders.

Shareholder Rewards Linked to Bitcoin

Metaplanet is buying Bitcoin and sharing the benefits with shareholders. Through a Bitcoin focused shareholder program, we’re rewarding long term shareholders, so you have even more reason to hold.

This is made possible by Metaplanet’s partnership with SBI VC Trade Co., Ltd., a subsidiary of SBI Holdings, Inc. Shareholders can now get Bitcoin rewards as Metaplanet’s stock goes up.

A Growing Bitcoin Strategy in Japan

Metaplanet’s Bitcoin buying has sent shockwaves in Japan’s tech and finance industry. The bond issuance, stock performance and shareholder programs show increasing demand for Bitcoin focused strategies as institutions are getting in.

With market cap over $1 billion and stock at all-time high, Metaplanet is solidifying its position as a major player in Japan’s crypto space, combining innovative with tangible returns for shareholders.