Metaplanet begins “Akbar” in Asia to buy more bitcoin


Metaplanet Inc. , Known as the Japanese Microstrategy, for an initiative to collect donations of $ 745 million (116 billion yen) in the so -called "largest share capital in Asia".

The company listed on the Tokyo Stock Exchange plans to issue 21 million shares of the Divivary Motivation orders 0 %, a type of financial tool in which investors who pay shares are paid directly at the market price at the time of purchase.

Unlike reduced orders, this structure avoids reducing the value of the current shareholders and ensuring the compatibility of the new shares with fair market prices.

The newly collected money will enable Metaplanet to raise it Bitcoin Properties from 1761 to 10,000 BTC by the end of 2025 and up to 21,000 BTC by 2026, according to Tuesday statement.

"Our vision is to lead the Renaissance in Bitcoin in Japan and the appearance as one of the largest bitcoin holders for companies in the world," said Simon Girovic, CEO of Metaplanet.

The current company Bitcoin Properties, whose value is estimated at more than $ 187 million, is already putting among the 15 best companies in public and mainly maintains the world, according to Coingecko Data.

The "21 million plan" of Metaplanet 745 million dollars aims to buy Bitcoin in stages to ensure that the company can buy during favorable market conditions.

The version will start on February 17, 2025, and will remain flexible, allowing Metaplanet to stop or resume orders as needed.

"Our mission is to maximize bitcoin for one share of our shareholders," said Dylan Licerier, director of Bitcoin Strategy at Metaplanet. "Bitcoin is not just a balance. It is an exit strategy. We are here to accumulate and lead, not selling."

The Metaplanet 2024 donation plan follows successful, as the company has achieved a standard number 309.82 % BTC return In the fourth quarter, up from 41.7 % in the third quarter, according to the company's statement.

The market value of the investment company increased by 7,000 % after the adoption of the Bitcoin standard, and Bitcoin, which was purchased with an average of 74,217 dollars (11.85 million yen) has doubled for each coin.

Edit Stacy Elliot.

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