24/7 Cryptocurrency News

Metaplanet Stock Shoots 17% After $30M Investment from Bitcoin Treasury Firm

The Metaplanet stock rally comes as Bitcoin treasury firm Nakamoto Holdings committed $30 million through its subsidiary KindlyMD.
Published by
Metaplanet Stock Shoots 17% After $30M Investment from Bitcoin Treasury Firm

Highlights

  • Metaplanet stock gains momentum as company raises $1.4 billion for additional BTC purchases.
  • The firm has increased its capital reserve allocation to 10%, and aims to add nearly 11,000 BTC more to its kitty.
  • Technical models say that Metaplanet stock’s bottom is at 705 JPY and fair value at 1,332 JPY.

The Metaplanet stock rallied by a strong 17% on Wednesday, September 10, in a healthy trend reversal after a 26% correction last month. This rally comes after Bitcoin treasury firm Nakamoto Holdings announced a $30 million investment in Metaplanet. Asia’s largest Bitcoin holding public firm has also raised $1.4 billion for additional BTC purchases.

Advertisement

Metaplanet Stock Surge Shows Signs of Trend Reversal

The Metaplanet stock price surged 17% during Wednesday’s trading session on the Tokyo Stock Exchange, soon after the Japanese firm upsized its capital raise to $1.4 billion for additional Bitcoin purchases. Since hitting the highs of 1900 JPY in June, the stock has been on a freefall and corrected nearly 70% since then.

Another catalyst behind the stock rally is Bitcoin Treasury firm Nakamoto Holdings, which announced $30 million investment in the Japanese firm, through its subsidiary KindlyMD (NASDAQ: NAKA). The $30 million commitment forms part of the international equity financing unveiled by Metaplanet.

Nakamoto Holdings will complete the funding on September 16, with the issuance and delivery of common stock set for September 17. Speaking on the development, David Bailey, Chairman and CEO of KindlyMD, said:

“Metaplanet has established itself as a leader in Japan’s Bitcoin landscape through its commitment to advancing financial innovation and driving the global adoption of Bitcoin. We are proud to support their mission and believe this investment will further strengthen the global network of companies placing Bitcoin at the center of institutional finance.”

Advertisement

Boosting Capital Reserve Allocation for Bitcoin

Japanese firm Metaplanet has boosted its capital reserve allocation to 10%, up from 5%, to strengthen its Bitcoin income-generation strategy. The company confirmed it currently holds 20,136 BTC, following its fresh Bitcoin purchase earlier this week, with an mNAV of 1.5.

With its latest $1.4 billion fundraise, the company can add an additional 11,000 BTC to its kitty, raising its total holdings by 50%. Amid these developments, interest in the Metaplanet stock has recently spiked. The Japanese firm said that earnings from its Bitcoin strategy will be directed toward dividend payments.

Furthermore, the Power-law Quantile model shows that the Metaplanet stock bottom is at 705 JPY, and that its fair value is at 1332 JPY.

Source: Zynx | Hiyoko Peep
Advertisement

Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Tech Giant Samsung Taps Coinbase To Provide Crypto Access, Driving Adoption

Tech giant Samsung has partnered with Coinbase to offer crypto services to its 75 million…

October 3, 2025
  • 24/7 Cryptocurrency News

Bitget Joins UNICEF Game Jam To Train 300,000 Youths In Blockchain

Bitget has announced support for UNICEF’s first global Game Jam, a 40-day virtual hackathon across…

October 3, 2025
  • Bitcoin News

Crypto Market Rally: BTC, BNB, SOL, XRP, ETH Surge Amid Q4 Momentum

The crypto market is seeing renewed bullish momentum to begin the fourth quarter of this…

October 3, 2025
  • 24/7 Cryptocurrency News

Bitcoin ETFs Record $2.2B Weekly Inflows as BTC Price Surges Past $120K

Bitcoin ETF products recorded more than $2.2 billion in weekly inflows, building on the momentum…

October 3, 2025
  • 24/7 Cryptocurrency News

Nomura Eyes to Ripple Dominance in Crypto Trading in Japan as Demand Rises

Nomura Holdings, Japan's largest brokerage and investment banking group, eyes to ripple its dominance to…

October 3, 2025
  • 24/7 Cryptocurrency News

Sharps Technology Plans $100M Buyback to Boost Solana Treasury as SSK ETF Hits Record $382M AUM

Sharps Technology has announced a $100 million stock buyback plan, suggesting further investment plans in…

October 3, 2025