Metaplanet to inject up to $5B into its Florida subsidiary

Source Cryptopolitan

Metaplanet announced its board approved a $5B capitalization of its US-based subsidiary. The new funding will expand the plan to build up Metaplanet’s BTC treasury. 

Metaplanet, one of the high-profile BTC treasury companies, announced a plan to aggressively capitalize its US-based subsidiary. The new capital injection of up to $5B will aim to expand Metaplanet’s BTC treasury model. The Japanese company announced the additional capitalization as part of its ‘555 million plan’. The funding will be allocated to the Florida-based Metaplanet Treasury Corp.

The expansion of the US subsidiary will allow the company to access markets with deeper liquidity. Currently, Metaplanet found sufficient BTC from Japanese exchanges, using the BitFlyer market. Recently, the company also bought BTC from the wallets of QCP Capital. Metaplanet is also one of the companies with a fully transparent treasury and known cold wallets. Corporate purchases rely on diminishing sources of BTC available through exchanges and OTC desks, and are considered the main factor for the creation of coin scarcity. On a weekly basis, corporate purchases often reach three times the amount of newly mined BTC.

The company now holds 11,111 BTC, surpassing its previous plans of buying up to 10K BTC by the end of 2025. The ability to buy more BTC hinged on the rally of the Metaplanet stock price. In the past six months, the shares expanded by 1,250%, peaking at 1,895 JPY (around $13.05). 

Metaplanet unveils additional $5B capital contribution to its US subsidiary
Metaplanet saw one of the biggest rallies among BTC treasury companies, allowing it to accelerate the recent BTC purchases. | Source: Google Finance

In the past weeks, Metaplanet has outperformed Strategy (MSTR) with a more relentless climb, allowing for the latest large purchases. However, Metaplanet has only 0.000018 BTC per share, a factor of 100 lower than Strategy. The Japanese company also started out at a later stage, with an average BTC purchase price of $95,869.

After the latest BTC purchases, Metaplanet is climbing the ranks of treasury companies, which are becoming even more exclusive. In the past week, Metaplanet added another 1,111 BTC to its reserves, becoming the eight-largest holder and closing in on Tesla, Inc. The latest addition surpassed Strategy’s weekly purchase, which this time shrank to just 245 BTC

Metaplanet aims at an international market presence

Metaplanet is making more aggressive moves, aiming for a global presence and a much higher BTC treasury. Currently, small-scale companies are also announcing BTC purchases, with some treasuries as low as 10 BTC. 

The Japanese company also boosted the Market Vector index of crypto companies, which has been on a non-stop expansion since the lows in April. 

The requirement for treasuries is now around 21 BTC to join the top 100 buyers. Metaplanet is competing with aggressive acquisitions, where the top 100 companies own 834,000 BTC. A position in the top 100 or top 10 may be more beneficial for stock prices, as well as the ability to further expand the BTC treasury. 

Metaplanet aims to position its US-listed subsidiary in a way that will give the company access to financing, as well as reputation and exposure. The company also aims to acquire 210,000 BTC by the end of 2027. 

A treasury of this size would rival national governments and is one of the most ambitious plans. Other BTC treasury companies in the top 10 had more sporadic purchases and no clear plan of expansion, but Metaplanet aims to gain a similar reputation to Strategy.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Hedera Price Analysis: HBAR defies $50B market dip as Nvidia confirms AI partnershipHedera maintains strength above $0.15, signaling investor confidence as NVIDIA’s AI integration boosts long-term bullish sentiment and breakout potential.
Author  FXStreet
4 Month 09 Day Wed
Hedera maintains strength above $0.15, signaling investor confidence as NVIDIA’s AI integration boosts long-term bullish sentiment and breakout potential.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
4 Month 23 Day Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Solana (SOL) Holding Strong Above $150 — Breakout Zone In PlaySolana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
Author  NewsBTC
4 Month 25 Day Fri
Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135
placeholder
Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – DetailsAn analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
Author  NewsBTC
4 Month 29 Day Tue
An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
placeholder
Crypto market rebounds as Trump hints at Russia-Ukraine ceasefire, risk sentiment improvesUS President Donald Trump's statement on a possible Russia-Ukraine ceasefire on Monday sparked optimism across global markets. The news of easing geopolitical tensions lifted investor confidence, driving a mild recovery in major cryptocurrencies.
Author  FXStreet
5 Month 20 Day Tue
US President Donald Trump's statement on a possible Russia-Ukraine ceasefire on Monday sparked optimism across global markets. The news of easing geopolitical tensions lifted investor confidence, driving a mild recovery in major cryptocurrencies.
goTop
quote