Bitcoin HoldingsMetaplanet made its largest bitcoin purchase to date, increasing its total holdings to 25,555 bitcoins, making it the fifth-largest corporate holder among public companies globally.
Capital And Structural FlexibilityThe company has secured $1.4bn in fresh capital and shareholder approval to issue perpetual preferred stock, giving it the structural flexibility to continue expanding its bitcoin holdings even as its common stock experiences turbulence.
Stock Performance And Market PositionMetaplanet was the best-performing stock in Japan in 2024, and even after a recent pullback, its shares remain up 69.3% year-to-date.