Japanese funding agency Metaplanet noticed its shares bounce 15.1% on Tuesday after saying an extra buy of 124.1 BTC price roughly $11.3 million.
Japan’s Metaplanet Shares Soar 15% After Bitcoin Treasury Enlargement
The Tokyo-listed firm stated it bought Bitcoin at a median value of ¥14.1 million ($91,266) per BTC, bringing its whole belongings to 1,142.2 BTC, price roughly $104.8 million.
This marks a major transfer within the technique to undertake Bitcoin as a strategic treasury reserve asset, a coverage that was carried out in Might.
Metaplanet’s shares closed at 2,295 yen on Tuesday, with each day buying and selling turnover reaching 21.9 billion yen ($141.7 million), in response to Futu knowledge. The inventory is up 1,334% 12 months up to now, outperforming the Nikkei 225 index, which is up 0.5% on the identical day.
“Metaplanet ranked twenty ninth out of 4,000 listed corporations in Japan by transaction worth, beating a lot bigger market rivals corresponding to Itochu and NTT,” Metaplanet CEO Simon Gerovich wrote in a publish on X (previously Twitter).
The corporate reported a BTC return of 186.9% between October 1 and November 19, highlighting the profitability of its aggressive Bitcoin accumulation technique.
On Monday, Metaplanet introduced that it had issued a one-year bond price ¥1.75 billion ($11.3 million), with the funds earmarked for additional Bitcoin purchases.
The bond is dated November 17, 2025, underscoring Metaplanet’s dedication to long-term Bitcoin investments.
Metaplanet’s daring strikes are according to the rising institutional curiosity in Bitcoin, whereas US-based MicroStrategy stays the biggest public institutional holder of Bitcoin with 331,200 BTC.
*This isn’t funding recommendation.