Known as the Japanese equivalent of MicroStrategy, Metaplanet has recently issued a new convertible bond, raising 2 billion Yen (approximately $13.6 million) to capitalize on the discounted price of Bitcoin [BTC], as the leading cryptocurrency dropped below the $80,000 mark.<\/p>\n
In response to the successful capital raise, Dylan LeClair, the BTC Strategy Officer at Metaplanet, expressed their interest in taking advantage of the recent price dip.<\/p>\n
\n\u201cIt’s the perfect time to buy the dip on $BTC.\u201d<\/p>\n<\/blockquote>\n
Simon Gerovich, the CEO of Metaplanet, emphasized their decision to pursue the bond route instead of selling shares in order to protect the value of their shareholders.<\/p>\n
\n\u201cRather than selling shares, we utilized zero-interest bonds to secure financing for further Bitcoin accumulation while safeguarding shareholder value.\u201d<\/p>\n<\/blockquote>\n
Metaplanet’s Bitcoin Holdings Surpass 2,000<\/strong><\/h2>\n
As of February 2025, the company’s Bitcoin holdings totaled 2,235 BTC (equivalent to over $180 million), marking the first time this year that they have crossed the 2,000 BTC threshold.<\/p>\n
In the previous summer, the company adopted a BTC-focused strategy, following the playbook of Strategy (formerly known as MicroStrategy) by leveraging debt and share sales to raise funds for Bitcoin acquisitions. Subsequently, the company’s shares surged by an impressive +1300% by mid-February.<\/p>\n
Despite the recent downturn in BTC’s value, Metaplanet’s shares remained up by 930% compared to the figures from last summer.<\/p>\n
Remarkably, Metaplanet experienced a minor decline in comparison to MicroStrategy’s MSTR and Bitcoin’s performance this year. Year-to-date (YTD), Metaplanet showed a decrease of 4.8%, while MSTR and BTC fell by 17% and 15%, respectively.<\/p>\n
However, on a year-on-year (YoY) basis, the company’s shares had increased by an impressive 1,640% compared to Bitcoin’s 28% gain and MSTR’s 150% rise.<\/p>\n
In essence, investors in BTC who opted for indirect exposure through Metaplanet were in a more favorable position than their counterparts invested in MSTR.<\/p>\n","protected":false},"excerpt":{"rendered":"
Known as the Japanese equivalent of MicroStrategy, Metaplanet has recently issued a new convertible bond, raising 2 billion Yen (approximately $13.6 million) to capitalize on the discounted price of Bitcoin [BTC], as the leading cryptocurrency dropped below the $80,000 mark. In response to the successful capital raise, Dylan LeClair, the BTC Strategy Officer at Metaplanet,<\/p>\n","protected":false},"author":1,"featured_media":41867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-41866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/comments?post=41866"}],"version-history":[{"count":2,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41866\/revisions"}],"predecessor-version":[{"id":41869,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41866\/revisions\/41869"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/media\/41867"}],"wp:attachment":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/media?parent=41866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/categories?post=41866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/tags?post=41866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}