Overview
- Metaplanet added 780 BTC in its latest acquisition to bring its holdings to 17,132 BTC, valuing its treasury at over $2 billion.
- It issued more than 23 million shares in July via stock acquisition rights and used the proceeds to redeem corporate bonds and fund further Bitcoin purchases.
- Under its updated “555 Million Plan,” the company aims to build reserves of 100,000 BTC by the close of 2026 and 210,000 BTC by 2027.
- CEO Simon Gerovich reported that the firm’s BTC yield has surged nearly 450% year-to-date.
- Analysts warn that sustaining the accumulation strategy depends on continued investor appetite for Metaplanet’s security issuances in public capital markets.