- Metaplanet’s BTC stash hit 11.11k price over $1 billion
- Metaplanet withstood the latest geopolitics-driven market dump higher than BTC
Japan-based Metaplanet is within the information in the present day after it maximized the most recent Bitcoin dip and purchased $118 million BTC – Growing its stash to over $1 billion (11,111 cash).
In accordance with the agency’s disclosure paperwork, the most recent $210 million bond issuance facilitated the acquisition.
“On June 16, 2025, the Firm issued the 18th Sequence of zero-coupon, non-interest-bearing Bizarre Bonds to EVO FUND, elevating USD 210 million, additionally for the aim of buying Bitcoin.”
Like Michael Saylor’s Technique (previously MicroStrategy), Metaplanet makes use of debt and inventory sale to fund its BTC shopping for program.
Metaplanet eyes 30K BTC in 2025
Notably, the agency has raised its 2025 BTC holding goal from 10k to 30k, that means it nonetheless has about 19k BTC to go. So, the present holdings are about 36% of 2025’s goal, with 64% left to be plugged.
Assuming BTC stays at its press time worth, that might imply about $2 billion in capital to realize the goal.
Supply: Simon Gerovich/X
Nonetheless, the aggressive plan is not going to cease at 30k. By 2026, Metaplanet goals for 100,000 BTC, whereas scaling to 210k by 2027 – Only a 12 months earlier than the following Bitcoin halving interval in 2028.
At present costs, Metaplanet would wish over $20 billion to fund the remaining 198k BTC remaining to hit the 210k BTC goal in two years.
At press time, the agency nonetheless had a capital warfare chest with an impressive 600 million shares to be issued. This could translate to about $7.2 billion at present share worth.
On the debt facet, Metaplanet has a collective of $293 million pending debt by way of lately issued bonds.
Supply: Metaplanet
For perspective, this dwarfs Technique’s over $8 billion in debt, set to mature from 2027. That being mentioned, Metaplanet’s mNAV (internet asset worth), a key valuation indicator for BTC treasuries, eased barely to six.15.
The indicator was above 7 when BTC’s worth was above $110k. What this means is that buyers are nonetheless bullish on the agency’s BTC plan.
At its present mNAV degree, Metaplanet stays heading in the right direction. Except the mNAV drops under 1.
In the meantime, Metaplanet’s inventory withheld the macro-driven dump higher than BTC over the previous 5 days of buying and selling. On the time of writing, Bitcoin was down 3% at $101k whereas Metaplanet was up 12% over the identical interval.
Supply: Google Finance