Analyst RatingAnalyst is reiterating a Buy rating on Metaplanet based on a sum-of-the-parts analysis, including the estimated market value of the company's bitcoin holdings and the value of its hotel and bitcoin income generation businesses.
Capital And Stock 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.
Corporate Bitcoin RankingThe company now ranks as the fifth-largest corporate holder of bitcoin among public companies globally, surpassing Bullish and trailing only Strategy and three other firms.