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Highlights
- Metaplanet concluded a $645 million funding round via its $210 million 0% discount moving strike warrant plan.
- Its US-listed stock, MTPLF, recorded 16.6 million shares traded with a total volume of $85.14 million on Monday.
- Following Metaplanet and Strategy's significant Bitcoin purchases, BTC prices surged 3%, trading above $105,000.
Strategy Executive Chairman Michael Saylor has drawn attention to the impressive 121% rally in the Metaplanet stock, following the Japanese firm’s aggressive Bitcoin buying. Today, the stock surged another 15% on the Tokyo Stock Exchange, closing the day another 100 points higher at 783 JPY. The Japanese firm has even outpaced Strategy’s MSTR performance since the beginning of 2025.
Metaplanet Stock Rally Impresses Michael Saylor
In a message on the X platform, Strategy executive chairman Michael Saylor posted the chart of Metaplanet stock, asking company CEO Simon Gerovich about the stellar performance and 120% gains over the past month.
What's up with Metaplanet, Simon @Gerovich? pic.twitter.com/1kunjxt3Ye
— Michael Saylor (@saylor) May 20, 2025
Responding to it, Gerovich wrote: “Bitcoin is the key.” Another major reason behind this stock rally this week is the impressive Q1 results reported by the Japanese firm. The operating revenue for Metaplanet has shot up to JPY 877 million.
The Japanese firm attributed its record-breaking earnings to a robust Bitcoin strategy. Since January 1, 2025, the company has expanded its Bitcoin holdings by 4.4 times, adding 6,038 BTC to bring its total to 7,800 BTC.
Apart from the strong performance on Tokyo Stock Exchange, the company’s US-listed stock MTPLF also saw record trading activity yesterday. The company’s Bitcoin strategist Dylan LeClair reported a record-breaking trading day for Metaplanet (MTPLF). The company saw an impressive 16.6 million shares traded on Monday, with total transaction volume reaching $85.14 million.
Completing $645M Funding Round
Bitcoin strategist Dylan LeClair has revealed that the Japanese firm successfully concluded its $210 million 0% discount moving strike warrant plan, raising approximately $645 million over three months.
With this capital infusion, the Japanese firm now holds $825.98 million worth of Bitcoin while maintaining just $12.08 million in outstanding bonds. The strategic move highlights the firm’s commitment to bolstering its Bitcoin reserves and enhancing its financial positioning.
On Monday. Michael Saylor’s Strategy also purchased 7,390 Bitcoins for an investment value of $764.9 million at an average price of $103,498 per BTC. The MSTR stock rallied past $400 as a result, as the firm’s total BTC holdings hit 576,230 BTC.
Following these big purchases, Bitcoin price is up 3% today, trading above the crucial resistance of $105,000, while setting the stage for a rally to a new all-time high. The BTC futures open interest is up 5.35% to $72 billion, suggesting strong bullish sentiment among traders.
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