Metaplanet Stock Shoots 12% After $25 Bitcoin Acquisition Plan

Metaplanet Stock Shoots 12% After $25 Bitcoin Acquisition Plan

Metaplanet, popular as Japan’s MicroStrategy, announced its decision to issue its 13th Series of Ordinary Bonds, and raise a total of $25 million for fresh Bitcoin purchases. Through its EVO FUND, the company has been periodically issuing bonds by drawing a leaf from Michael Saylor’s Bitcoin playbook. The announcement led to a quick 12% surge in the stock price during today’s trading session, moving closer to 500 JPY.

Metaplanet Prepares for Massive Bitcoin Purchases

Via its ordinary bonds, Japanese firm Metaplanet announced raising $25 million at 0% earmarked for the acquisition of Bitcoin. Redemption of the bonds will be funded through proceeds generated from the exercise of the 15th to 17th Series of Stock Acquisition Rights, reported the firm.

Furthermore, company CEO Simon Gerovich announced the company’s latest Bitcoin acquisition, revealing the purchase of 555 BTC for approximately $53.4 million at an average price of $96,134 per coin.

This addition brings the firm’s total Bitcoin holdings to 5,555 BTC, acquired at a cumulative cost of around $481.5 million, averaging $86,672 per Bitcoin. Since the beginning of 2025, Metaplanet has been on an aggressive BTC acquisition spree, moving fast and close to its target of having 10,000 BTC in treasury by the end of 2026.

Additionally, the firm is quick in its overseas expansion, opening a Miami office last week. Today’s announcement of Bitcoin purchases has led to a 12% surge in the Metaplanet stock price, which is already up by 33% since the beginning of 2025.

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