1 month ago
17
Japan’s Metplanet is exploring ways to list its shares in the United States as the company continues to expand its Bitcoin holdings.
According to a March 3 X post from Metaplanet CEO Simon Gerovich, the firm is actively exploring ways to make its stock “more accessible to investors around the world.”
先週はニューヨークで非常に実りの多い時間を過ごしました。メタプラネットは、ビットコイン・スタンダードを基盤にした未来の企業として、日々着実に成長を続けています。 先週の主なハイライトは以下のとおりです： ✅…
Gerovich recently spent time in New York, calling the trip “highly productive.” The visit included meetings at the New York Stock Exchange and Nasdaq, where Metaplanet was “formally invited” to learn about their platforms and listing processes.
While the company hasn’t confirmed any immediate plans, Gerovich emphasized that they are evaluating “the best way” to bring Metaplanet shares to a broader global audience.
Gerovich also stressed that the company isn’t just focused on short-term gains and intends to position itself as a leader in “Bitcoin-standard” corporate finance.
Metaplanet expands Bitcoin holdings
Gerovich’s comments coincided with Metaplanet’s latest Bitcoin acquisition on the same day. Metaplanet has acquired an additional 156 BTC for around $13.4 million for an average price of $85,890 per coin.
With this, the Tokyo-headquartered firm’s total Bitcoin holdings have hit 2,391 BTC.
In total, the firm has invested roughly $197 million in Bitcoin, with an average purchase price of $82,100 per BTC.
Metaplanet has been tracking its performance through a unique metric called BTC Yield, which measures Bitcoin accumulation against share dilution.
The company posted a 309.8% BTC yield in Q4 2024, and for the first quarter of 2025 so far, it stands at 31.8%.
Metaplanet Inc. started as a budget hotel operator back in 1999, but in April 2024, it made a bold pivot into the Bitcoin space. Now, the company is all-in on crypto, with plans to stack 10,000 BTC by the end of 2025 and ramp that up to 21,000 BTC by the end of 2026.
To fuel its Bitcoin-buying strategy, Metaplanet has been tapping into capital markets, raising funds through bond issuances and stock purchase rights. In February 2025, the firm secured 4 billion yen ($26.4 million) by issuing its 6th Series of Ordinary Bonds to EVO FUND.
The company has followed in the footsteps of US-based Strategy, which is currently the largest corporate holder of Bitcoin, with its current holdings valued at roughly $46 billion, according to data from Bitcoin Treasuries.
Publicly traded firms delve into Bitcoin
Following US President Donald Trump’s return to office, several other publicly traded companies in the US and worldwide have ramped up their Bitcoin holdings in recent months.
Thermal energy management company KULR Technology Group, medical device manufacturer Selmer Scientific, and antibiotics developer Acurx Pharmaceuticals have all increased their exposure to Bitcoin. Crypto-focused firms like Riot Platforms have also continued expanding their reserves.
Elsewhere, Singaporean Education Genius Group has also bolstered Bitcoin holdings.
The post Metaplanet explores potential US listing as Bitcoin holdings reach 2,391 BTC appeared first on Invezz
English (US) ·