Once upon a pixelated dream, the illustrious Metaplanetâoh, what a name!âmagically announced a colossal treasure hunt, raising $5.4 billion, not to buy art or fancy yachts, but a staggering 210,000 Bitcoin, because apparently, normal investments were too passĂ©. The firmâs ambitious love affair with BTC is now turbocharged, aiming to gather this digital gold by the end of 2027, or possibly before Elon tweets about it again.
Now, at the merry moment of $104,274 per coin and a 24-hour volatility of 1.0%, the market cap hums along at a colossal $2.07 trillion. 24-hour trading volume? A casual $45.92 billionâjust a typical day in the life of our crypto overlords.
Metaplanet Scoops a Whopping $5.4 Billion with WarrantsâBecause Why Not? đ€·ââïž
In a move as bold as a cosmonaut attempting da Vinci, today our Japanese amigos issued a jaw-dropping 555 million warrants, the largest ever in Japanâs proud history of capital expenditure. This treasury treasure will be funneled directly into acquiring even more Bitcoinâbecause the only thing better than Bitcoin is more Bitcoin, right?
Thrilled to announce Asiaâs largest-ever equity raise to buy Bitcoin â again! đ This time: $5.4 billion to accelerate our Bitcoin strategy. Our new target: 210,000 BTC by 2027.
Details here:
â Simon Gerovich (@gerovich) June 6, 2025
Following a template borrowed from Michael Saylorâs playbook, Metaplanet has been busy issuing bonds and stocks at a frenetic paceâlike a Bitcoin-obsessed squirrel hoarding acorns for the winter. Since the dawn of 2025, their stock has soared by 275%, with a mind-boggling 1619% return over just a year. Clearly, itâs an investment roller-coasterâstrap in!
- Raised a tidy $650 million during 60 trading daysâjust enough to buy a few more Bitcoin, or perhaps a small island.
- Achieved a 189% yield on Bitcoin holdingsâbecause who needs traditional savings?
- Metaplanet stock tripled its value since announcing these featsâtalk about a meteoric rise!
- Now claiming a spot in the top ten Bitcoin holders, nudging out Jack Dorseyâs Block Inc, because Dorsey, schmorsey.
Gerovichâs Grand Bitcoin FantasiesâBold, Bolder, BOLD!
CEO Simon Gerovich, a man with dreams bigger than his wallet, laid out plans to ramp up Bitcoin hoarding. Their current stash? A modest 8,888 BTCâcrisp, neat, almost cute. But no, he wants more: 10,000 BTC by 2025, then an audacious 100,000 BTC by 2026, and a staggering 210,000 BTC (about 1% of all Bitcoin!) by 2027, because why aim low when you can aim for the starsâor at least the moon?
Metaplanet has launched Asiaâs largest-ever equity raise dedicated to Bitcoin:
đ „770.9 billion (~$5.4B) capital raise
đ 555 million shares via moving strike warrants
đ„ First in Japan: issued at a premium to market â enabled by Metaplanetâs high volatility and deep liquidityâŠâ Simon Gerovich (@gerovich) June 6, 2025
Since announcing this audacious plan, their stock has already shot up 12% on Germanyâs DEX. Traders in the US are probably rubbing their hands (or keyboards), eager to see how high this digital rocket can fly today. Stay tunedâor don’t, and just enjoy the spectacle of capitalism in neon-lit action.
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2025-06-06 20:02