- The BTC stock of Metaplanet hit 11.11K worth more than $ 1 billion
- Metaplanet resisted the recent geopolitics-driven market dump better than BTC
The Metaplanet, based in Japan, is in the news today after it maximized the last Bitcoin Dip and acquired $ 118 million BTC – increased its stock to more than $ 1 billion (11.111 coins).
According to that of the company revelation Documents, the last issue of bonds of $ 210 million, facilitated the purchase.
“On June 16, 2025, the company published the 18th series of Zero-Coupon, non-interesting ordinary bonds on the EVO Fund, with the USD 210 million, also with a view to acquiring Bitcoin.”
Just like the strategy of Michael Saylor (formerly Micro Strategy), MetaPlanet uses debts and stock sales to finance its BTC PROPOSE program.
Metaplanet Eyes 30K BTC in 2025
In particular, the company has raised its 2025 BTC removal objective from 10k to 30k, which means that it still has about 19k BTC to go. The current companies are therefore approximately 36% of the target of 2025, with 64% to stop.
Assuming that BTC stays on the time value of the press, that would mean about $ 2 billion in capital to achieve the target.
Source: Simon Gerovich/X
However, the aggressive plan does not stop at 30k. By 2026, Metaplanet strives for 100,000 BTC, while in 2027 it can be scaled to 210k – only one year before the next Bitcoin hall -and -hall period in 2028.
At the current prices, Metaplanet would need more than $ 20 billion to finance the remaining 198k BTC that remains to reach the 210k BTC goal in two years.
On the press, the company still had a capital war box with an outstanding 600 million shares that must be issued. This would translate into approximately $ 7.2 billion against the current stock value.
On the debt side, Metaplanet Has a collective of $ 293 million pending debts through recently issued bonds.
Source: Metaplanet
For the perspective, this dwarf strategy is more than $ 8 billion in debts, set to mature from 2027. Having said that, MNAV from Metaplanet (Netto Activea value), an important valuation indicator for BTC treasuries, was somewhat demolished to 6.15.
The indicator was higher than 7 when the price of BTC was higher than $ 110k. What this means is that investors are still bullish on the BTC plan of the company.
Metaplanet remains on the right track at the current MNAV level. Unless the MNAV falls under 1.
In the meantime, the shares of Metaplanet have withheld the macro-driven landfill better than BTC in the past five days of trade. At the time of writing, Bitcoin had fallen by 3% at $ 101k, while Metaplanet rose by 12% in the same period.
Source: Google Finance