Metaplanet Stock Skyrockets After Bold Bitcoin-Focused Capital Strategy Wins Investor Approval
Tokyo's Metaplanet just made a power play that sent its stock soaring—and it's all about Bitcoin.
The Bitcoin Bet That's Paying Off
Forget subtle shifts in portfolio strategy. Metaplanet's board went all-in, pitching a capital plan that doubles down on cryptocurrency as a core treasury asset. Investors didn't just nod along—they backed it with their wallets, triggering a sharp rally in the company's share price. It's a move that cuts through traditional finance's cautious hedging and positions the firm directly in the digital asset arena.
Why This Move Resonates Now
The timing isn't accidental. With global monetary policy keeping markets on edge, more corporations are eyeing crypto as a strategic hedge. Metaplanet's leap signals a growing institutional appetite to bypass volatile fiat currencies and tap into an asset class known for its scarcity and decentralization. It's a provocative stance that challenges conventional corporate treasury management—usually a playground for risk-averse bankers who think innovation means a new Excel formula.
The Ripple Effect
This isn't just about one company's balance sheet. When a publicly traded firm anchors its capital strategy to Bitcoin, it sends a signal. It validates crypto's role beyond speculative trading and into the realm of serious corporate finance. Watch for other firms—especially in tech-forward regions—to explore similar pivots, testing whether digital assets can provide the stability that traditional markets sometimes lack.
Metaplanet's gamble highlights a stark choice for modern firms: stick with the old guard's playbook or rewrite the rules entirely. One thing's clear—in today's economy, playing it safe might be the riskiest move of all.
got another green light on Monday, and the market noticed.
Shares of the Japan-based Bitcoin treasury firm climbed more thanafter shareholders approved all five proposals at the company’s Extraordinary General Meeting (EGM) on December 22. The vote reshaped how Metaplanet plans to raise capital and keep buying Bitcoin.
By the close of trading, the stock was up, with volume picking up as investors reacted to the outcome. Over the past month, Metaplanet shares are now up more than, signaling renewed momentum after a steep drop earlier this year.
All Five Proposals Pass
The outcome was shared by Dylan LeClair, Metaplanet’s director of bitcoin strategy, who posted on X.
Among the approved measures was a shift of capital stock and reserves into capital surplus. The goal is to give the company more room to pay preferred dividends and potentially execute share buybacks. Shareholders also approved doubling the authorized number of preferred shares for both Class A and Class B.
CEO Simon Gerovich also confirmed the vote shortly after the meeting.
おつプラネット。株主総会をご視聴いただきありがとうございました。議案につきまして全て承認可決されました。ありがとうございました。
Thank you for attending the shareholders’ meeting. All agenda items were approved. Thank you very much. pic.twitter.com/0O3elUOl13
A Clear Focus on Bitcoin Accumulation
The EGM also locked in updates to Metaplanet’s preferred share structure.
Class A “MARS” shares were amended to offer, while Class B “MERCURY” shares now follow awith added investor protections.
Just as important, shareholders approved issuing Class B preferred shares to overseas institutional investors.
That MOVE supports Metaplanet’s plan to raise funds without further diluting common shareholders – capital that is expected to support future Bitcoin purchases.
Institutional Backing Adds Weight
The EGM vote followed, the world’s largest sovereign wealth fund, which had already signaled its support ahead of the meeting. The fund currently owns aboutof Metaplanet.
According to Coingecko, Metaplanet now holds, worth over, placing it fourth among public Bitcoin treasury companies globally.