metaplanet

Metaplanet CEO Simon Gerovich posted on the X platform, stating that the benefits of productivity booms are almost entirely flowing to the owners of computation and capital, rather than to workers or governments. He said, "Every company holding cash or bonds is extracting from a system where the tax base is disappearing, and the system's response will be to print money. This trend is accelerating."Simon Gerovich further emphasized that AI agents do not have bank accounts or brand loyalty, and when machines optimize the financial system, they will bypass traditional banking systems and payment networks, opting to use digital assets for transactions. When it comes to storing value, AI will not park in money market funds but will hold digital capital—especially Bitcoin. As the AI economy expands, digital assets may become the primary means of value storage in the machine age.

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

According to The Block, Benchmark maintains a "buy" rating on Metaplanet but has lowered its target price by more than half, stating that the company's latest financial report highlights the "prospects and risks" of its aggressive Bitcoin accumulation strategy.Benchmark analyst Mark Palmer, in a research report on Tuesday, reduced the target price for the Tokyo-listed Bitcoin reserve company from 2,400 yen to 1,100 yen. He wrote that recent performance shows the "hope and danger" of the company's Bitcoin-centric financial strategy. The stock is traded under the OTC code MTPLF in the U.S., currently priced at about $2.20, having briefly fallen to around $1.85 earlier this month, close to its lowest level since the company began its Bitcoin purchasing strategy in April 2024.Metaplanet reported a net loss of $619 million for the fiscal year ending December 31, primarily due to non-cash valuation losses from its holdings caused by the decline in Bitcoin prices late last year. Nevertheless, its operational performance has significantly improved, with revenue and profits increasing due to Bitcoin-related financial services activities.A core pillar of Benchmark's investment logic is Metaplanet's continuously expanding Bitcoin revenue-generating business, which generates income through Bitcoin-related options and yield strategies. Analysts believe this segment allows the company to pay dividends on newly issued perpetual preferred shares without selling its core Bitcoin holdings, thereby funding subsequent BTC purchases through operating cash flow rather than asset sales.The company added that investor demand for these preferred instruments will likely determine whether Metaplanet can successfully continue to expand its financial reserves while controlling dilution risk.

The Bitcoin treasury company Metaplanet released its fiscal report for 2025 on Monday. As of December 31, the company recorded a net loss of 95 billion yen (approximately 619 million USD), compared to a net profit of 4.44 billion yen (approximately 28.9 million USD) in fiscal year 2024, marking a shift from profit to loss.The report indicated that this loss was primarily due to a valuation loss of 102.2 billion yen (approximately 665.8 million USD) on its held Bitcoin. The company classified this portion of the loss as a non-operating expense, stating that it had no impact on cash flow or operational activities.Despite the volatility in net profit, the company emphasized that its capital structure remains resilient. Metaplanet pointed out that its balance sheet is still "robust," and even with an "86% drop in Bitcoin prices," its liabilities and preferred stock can be fully covered, thanks to a high equity ratio of 90.7%.As of December 31, the company reported liabilities of 46.7 billion yen (approximately 304.2 million USD) and net assets of 458.5 billion yen (approximately 2.99 billion USD), with the value of its held Bitcoin at 481.5 billion yen (approximately 3.1 billion USD).The documents show that in terms of operations, Metaplanet's revenue for fiscal year 2025 reached 8.91 billion yen (approximately 58 million USD), a 738% increase from the previous year's 1.06 billion yen (approximately 6.9 million USD); meanwhile, operating profit surged from 350 million yen (approximately 2.28 million USD) to 6.29 billion yen (approximately 41 million USD), an increase of 1695%.The company stated that its Bitcoin-related business generated revenue of 8.47 billion yen (approximately 55.2 million USD) and operating income of 7.19 billion yen (approximately 46.8 million USD), with this growth primarily attributed to premium income from Bitcoin options trading.

Metaplanet Inc. announced in its fiscal report for 2025 that the company has become the largest holder of Bitcoin in Japan, holding 35,102 Bitcoins by the end of 2025, which accounts for approximately 0.16% of the global Bitcoin supply, ranking fourth among publicly traded companies worldwide in terms of Bitcoin holdings.The report shows that the company's revenue for the fiscal year 2025 reached 89.05 billion yen, a year-on-year increase of 738.3%; operating profit was 62.87 billion yen, a year-on-year increase of 1694.5%.The company has raised over 500 billion yen for Bitcoin purchases through a diversified financing strategy, including the issuance of preferred shares. Among them, Class B preferred shares (MERCURY) have been issued through a third-party placement, raising 21.249 billion yen, providing an annual yield of 4.9%.Metaplanet aims to achieve the goal of holding 1% of the global Bitcoin supply by 2027 and will continue to use the "Bitcoin revenue business" as a core driver of profit growth.

Japan's Bitcoin treasury company Metaplanet published its fiscal year 2025 financial report on the X platform, revealing that the company has become the largest holder of Bitcoin in Japan, holding 35,102 Bitcoins by the end of 2025, accounting for approximately 0.16% of the global Bitcoin supply. It ranks fourth in the world among publicly traded companies in terms of Bitcoin holdings and plans to achieve the goal of holding 1% of the global Bitcoin supply by 2027, continuing to use the "Bitcoin revenue business" as a core driver of profit growth.In addition, Metaplanet's revenue for fiscal year 2025 reached 8.905 billion yen, a year-on-year increase of 738.3%; operating profit was 6.287 billion yen, a year-on-year increase of 1694.5%.

Japanese "Microstrategy" Metaplanet CEO Simon Gerovich posted, "We fully recognize that, in light of recent stock price trends, this remains a rather challenging phase for all shareholders.However, Metaplanet's strategy has not changed. We will continue to steadily advance the ongoing accumulation of Bitcoin, enhance our profitability, and make preparations for the next phase of growth."

MetaPlanet (MTPLF) is raising $137 million through a new stock issuance and warrants to purchase more BTC.

Arthur Hayes published an article titled "Woomph" analyzing that the recent continuous depreciation of the yen and the decline in Japanese government bond prices are triggering "anomalies" in the global financial markets. He believes that the Federal Reserve and the U.S. Treasury may be forced to work together to directly intervene in the yen exchange rate and the Japanese government bond market by expanding their balance sheets, thereby injecting new liquidity into the global fiat currency system.He stated, "The yen is strengthening against the dollar, and Bitcoin prices are falling. I will not increase risk until it is confirmed that the Federal Reserve is printing money to intervene in the yen and Japanese government bond market. If there is a significant increase in foreign currency-denominated assets on the Federal Reserve's balance sheet, it will be a good time to increase Bitcoin holdings." Before the yen's trend shows volatility, he has closed positions in high-leverage Bitcoin-related assets such as Strategy and Metaplanet; if his judgment is validated, he will re-enter the market.While waiting for policy clarity, his fund Maelstrom continues to increase its holdings in Zcash, while maintaining positions in other quality DeFi tokens; once the Federal Reserve confirms balance sheet expansion intervention, he will consider increasing positions in DeFi assets such as ENA, ETHFI, PENDLE, and LDO.

MetaPlanet announced that it has raised its performance expectations for the fiscal year 2025, with revenue increasing from 6.8 billion yen to 8.905 billion yen, and operating profit rising to 6.287 billion yen. However, due to a quarterly market value fluctuation of Bitcoin, it recorded an impairment loss of 104.636 billion yen (approximately 679 million USD), resulting in a net loss of 98.558 billion yen.

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform, stating that the gap between companies holding Bitcoin and those that do not lies not in the strength of their "faith" in the asset. For most companies, Bitcoin has never even entered the management's discussion agenda; it is not that it was debated and rejected, but rather that it was never brought up at all. Simon Gerovich pointed out that management teams that seriously consider incorporating Bitcoin into their asset allocation have already crossed a threshold that most companies have never approached: they are willing to endure years of being misunderstood by the market during the execution of long-term strategies. For this reason, there are very few companies globally that truly adopt this strategy.

Arthur Hayes posted on the X platform that he will release a new article titled "Frowny Cloud" tomorrow. His core trading strategies this quarter are to go long on Strategy (MSTR) and Metaplanet ($3350), using these as leveraged bets on BTC returning to an upward trend.

As Metaplanet announced its continued increase in Bitcoin holdings three months later at the end of the year, its stock price surged in the first two trading days of 2026, closing at 510 yen on Tuesday, a cumulative increase of nearly 26% compared to the closing price of 405 yen on December 30.According to previous reports from ChainCatcher, Metaplanet announced on December 30 that it invested $451 million to increase its holdings by 4,279 Bitcoins at a price of $105,412 each, bringing its total holdings to 35,102 Bitcoins.Analysts stated that due to the structural weakness of the yen, Metaplanet secured financing at a lower cost, and each coupon it pays is denominated in a currency that has depreciated relative to Bitcoin and the dollar, giving it an advantage over U.S. Bitcoin treasury companies.

According to SoSoValue data, as of January 5, 2025, Eastern Time, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $567 million.Strategy (formerly MicroStrategy) announced on January 4 that it invested $116 million to increase its holdings by 3 Bitcoins at a price of $88,210 and by 1,283 Bitcoins at a price of $90,391, bringing its total holdings to 673,783 Bitcoins.Japanese listed company Metaplanet invested $451 million on December 30 to increase its holdings by 4,279 Bitcoins at a price of $105,412, bringing its total holdings to 35,102 Bitcoins.In addition, another company purchased Bitcoin last week. The UK Bitcoin reserve company BHODL announced on December 31 that it invested $90,000 to increase its holdings by 1 Bitcoin at a price of $88,965, bringing its total holdings to 158.2 Bitcoins.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 923,680 Bitcoins, with a current market value of approximately $85.78 billion, accounting for 4.62% of Bitcoin's circulating market value.

According to Cointelegraph, Bitcoin analyst Adam Livingston pointed out that the Bitcoin treasury company Metaplanet may gain a financial advantage due to the structural weakness of the yen. Japan's debt-to-GDP ratio is approximately 250%, leading to a continued depreciation of the yen. Since 2020, Bitcoin has appreciated about 1,159% against the US dollar, but has appreciated 1,704% against the yen.Livingston stated that because Metaplanet's liabilities are denominated in the weaker yen, it allows for lower-cost financing. "Every coupon payment made by Metaplanet is denominated in a currency that has depreciated relative to Bitcoin and the dollar, so the actual cost of the 4.9% coupon is continually shrinking."Currently, Metaplanet holds 35,102 Bitcoins, making it the fourth-largest Bitcoin treasury company. Despite accumulating a large amount of Bitcoin, the company's stock price has still fallen along with other crypto treasury companies.

According to official news, the Japanese listed company Metaplanet purchased 4,279 bitcoins for approximately $105,412 each in the fourth quarter of 2025, spending a total of $451.06 million; as of the beginning of 2025 to date, its bitcoin yield has reached 568.2%.As of December 30, 2025, Metaplanet holds 35,102 bitcoins, which were purchased at an average price of approximately $107,606 each, totaling about $3.78 billion.

According to DL News, despite the increasing pressure on the Digital Asset Treasury (DAT), Metaplanet has taken a step towards its goal, planning to hold 210,000 bitcoins by the end of 2027.Metaplanet's Strategic Director Dylan LeClair stated that the company passed several equity-related proposals at a special shareholders' meeting, which will help the company raise funds for further bitcoin purchases.This move effectively allows Metaplanet to increase its bitcoin holdings using financial instruments without immediately diluting the ownership percentage of existing shareholders.

Japan's largest corporate Bitcoin holder, Metaplanet, approved a comprehensive reform of its capital structure on Monday, allowing it to raise funds from institutional investors by issuing dividend preference shares. The approved proposal includes reclassifying capital reserves, doubling the authorized number of Class A and Class B preference shares, and modifying the dividend structure to introduce floating and regular payouts.Class A preference shares will adopt a monthly floating dividend mechanism, while Class B preference shares will offer quarterly dividends and be open to international institutional investors. According to reports, Metaplanet currently holds approximately 30,823 Bitcoins, valued at $2.75 billion, making it the largest corporate Bitcoin holder in Asia. The company also announced that it will trade through American Depositary Receipts in the U.S. over-the-counter market, further expanding its global market presence.