News View Non-AMP

Michael Saylor Backs Japan’s Metaplanet After Record-Breaking BTC Push

Published by
Zafar Naik and Qadir AK

Japan is making serious moves in the Bitcoin space and Michael Saylor has taken notice. The Strategy executive chairman and well-known Bitcoin advocate just gave a public nod of approval to Metaplanet, a Japanese firm aggressively stacking Bitcoin.

In a post on X, Saylor congratulated Metaplanet’s CEO Simon Gerovich and the company’s shareholders for hitting a major milestone much earlier than expected.

Metaplanet Stock Soars

Metaplanet’s stock (MTPLF) jumped over 30%, rising from 1,769 JPY to 2,301 JPY after the company revealed it had purchased 1,112 Bitcoin for around $117.2 million. The average price per coin came in at $105,435.

This major buy pushed Metaplanet’s total holdings to 10,000 BTC – reaching its 2025 target well ahead of schedule. The firm also reported a 266.1% year-to-date return on its Bitcoin strategy in 2025, underscoring the strength of its bold accumulation plan.

Huge Money Plan for More Bitcoin

But they’re not stopping there. Metaplanet plans to grow its holdings to 21,000 BTC by the end of 2026 – a symbolic nod to Bitcoin’s hard cap of 21 million coins.

To make that happen, the company has issued 555 million MS warrants, aiming to raise 770.9 billion yen ($5.34 billion). The entire amount is set to be used for more Bitcoin purchases.

This is the largest issuance of its kind in Japanese capital market history, and it’s also the first MS warrant in Japan priced above market value, a move that signals serious confidence in Bitcoin’s long-term value.

Saylor Still Leads With Strategy’s Massive Holdings

While Metaplanet is making headlines, Saylor’s firm Strategy still holds the crown. As of June 9, the company owns 582,000 BTC, valued at around $62.3 billion, with a one-year return of 158%.

On Sunday, Saylor dropped a subtle hint at another upcoming buy, posting “Bigger Dots are ₿etter” along with a chart showing Strategy’s weekly BTC accumulations. If the pattern holds, a new purchase announcement could land any day.

A New BTC Race in the Making?

With Bitcoin trading above $106,000, Metaplanet’s rapid rise and record-breaking plans are catching global attention. And with Saylor cheering from the sidelines, it’s a signal of Japan stepping deeper into the Bitcoin game.

Strategy may still be far ahead, but in crypto, things can change quickly. Metaplanet’s next moves will be worth watching.

FAQs

How might Metaplanet’s rapid Bitcoin accumulation impact the broader market and Bitcoin’s price?

Metaplanet’s aggressive Bitcoin buys, especially funded by large bond issuances, contribute to reducing Bitcoin’s circulating supply. This institutional demand, along with similar strategies by other firms, creates competition for finite Bitcoin, potentially driving its price higher due to increased scarcity.

What are the advantages and risks of using corporate bonds to fund large Bitcoin purchases?

Advantages: Allows companies to acquire substantial Bitcoin without immediate interest expenses (like zero-coupon bonds), optimizes capital structure, and signals strong confidence in Bitcoin’s long-term appreciation, attracting investors comfortable with this strategy.

Risks: Increases corporate debt, exposes the company to Bitcoin’s price volatility, and relies on the company’s ability to generate future revenue to repay the bonds, especially if Bitcoin’s value drops.

How do corporate Bitcoin holdings influence public perception and adoption of cryptocurrencies?

Corporate Bitcoin holdings significantly legitimize cryptocurrencies, shifting public perception from speculative to credible assets. This trend can boost retail adoption, attract more traditional investors, and accelerate the development of regulated crypto products and services.

Zafar Naik and Qadir AK

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Recent Posts

Crypto News Today: Bitcoin Hits Record Weekly Close, Next Stop $112K?

Bitcoin just made history by closing the week at $109,200, its highest weekly close ever.…

July 7, 2025

Lightchain AI Enters Bonus Round With Precision Timing While Dogecoin Hangs on Meme Buzz Alone

Lightchain AI enters its Bonus Round with precision timing, capitalizing on a foundation built through…

July 6, 2025

Traders Focused on Cardano Are Now Watching a Different Project Set to Launch by End of July

Traders focused on Cardano are turning their attention to a new project set to launch…

July 6, 2025

Bitcoin, Ethereum, XRP and Altcoins Could Break Out as as U.S. Prepares for Historic Crypto Week

The crypto market has been unusually quiet lately, but that calm might not last much…

July 6, 2025

Is XRP Price Heading for a Crash?

XRP is currently stuck in a tricky situation as its price struggles to pick a…

July 6, 2025

Dogecoin Price Set for Breakout as Whales Accumulate

Dogecoin price has remained quiet for many months, but the data highlights a storm building…

July 6, 2025