Metaplanet Plummets 30% Following International Offering - What’s Next for Investors?
Metaplanet shares crater 30% after global expansion move backfires spectacularly.
Another 'strategic offering' meets brutal market reality
The Tokyo-based firm's international ambitions got a harsh reality check as shares nosedived 30% following their latest offering—proving once again that crossing borders doesn't always mean crossing into profitability.
Timing is everything—and Metaplanet's clock seems broken
While the company pitched expansion as growth, markets responded with a resounding sell-off. Because nothing says 'global confidence' like a double-digit percentage drop before lunch.
Finance veterans shrug—it's just another Tuesday in speculative markets
Another day, another double-digit drop. Because in modern finance, sometimes the most international thing about an offering is how universally investors reject it.
Metaplanet’s stock price has fallen from its peak last month by more than 25% | Source: Google Finance
At press time, Metaplanet’s stock is trading hands at 714 yen. It has fallen more than 200 yen from its previous peak in mid-August.
This continued decline reflects the market’s tendency to place less value into the company’s equity beyond its Bitcoin holdings, raising concerns about dilution and sustainability. It also reflects a wider trend among other BTC treasury companies which have seen pull-back from its June highs.
For instance, the UK-listed Bitcoin-treasury firm Smarter Web Company saw its share price plunge by nearly 30% from mid-June highs, marking one of the largest corrections in the sector. Meanwhile, Strategy has seen its stock fall by 17.9% in the past month.
Metaplanet’s standing among other BTC treasuries
On Sept. 8, the company made an additional $15 million purchase worth 136 BTC. This boosts its total holding from 20,000 BTC on Sept. 1 to 20,136 BTC. Not only that, the company has also developed a BTC options offering that has generated $12.9 million from this business in the second quarter of 2025.
These BTC-focused moves reflect the raise more funds to keep up with its ambitious target of accumulating 210,000 BTC by 2027.
According to data from Bitcoin Treasuries, Metaplanet is ranked as the sixth largest BTC Treasury by holdings worldwide. It is ranked under other major Bitcoin strongholds like Bullish, Bitcoin Standard Treasury Company, XXI, Mara Holdings and Strategy.
