Overview
- Metaplanet acquired 5,268 BTC at an average $116,870, lifting its treasury to 30,823 BTC with a $3.33 billion cost basis.
- The purchase positioned the Tokyo-listed firm as the fourth-largest public corporate Bitcoin holder, overtaking Bitcoin Standard Treasury.
- Q3 Bitcoin Income Generation revenue rose 115.7% to ¥2.438 billion (about $16.1 million), and FY2025 guidance increased to ¥6.8 billion revenue and ¥4.7 billion operating profit.
- Shares fell about 10% on the Tokyo Stock Exchange to 516 yen following the announcement.
- The company is preparing perpetual preferred share issuances approved in September to finance further buys, as institutional investors such as Capital Group disclosed an 11.45% stake.