Key notes
- Metaplanet CEO Simon Gerovich said the company will continue its steady accumulation and prepare for long-term growth.
- Recently, Metaplanet approved a new equity financing of $137 million, largely aimed at Bitcoin purchases in 2026.
- The MTPLF stock price collapsed 20% in a single session on February 5, extending its annual decline of 50%.
Japanese company MicroStrategy Metaplanet said it will continue its Bitcoin accumulation plan, without worrying about BTC.
BTC
$66,471
24h volatility:
5.6%
Market capitalization:
$1.33 million
Flight. 24h:
$162.94 billion
price correction. This comes as Bitcoin has fallen more than 22% over the past week, and another crash below $50,000 is expected.
Metaplanet will continue to buy Bitcoin
Metaplanet CEO Simon Gerovich has reaffirmed the company’s Bitcoin strategy, amid the mass withdrawal from the crypto market. Speaking on the development, Simon Gerovich said:
“(T)here is no change in Metaplanet’s strategy. We will continue to steadily accumulate Bitcoin, increase our revenue, and prepare for the next phase of growth.”
The company ranks fourth among public Bitcoin treasury holders, behind Strategy, MARA Holdings and Twenty One Capital, with Metaplanet holding 35,102 BTC as of February 6.
After reaching its goal of 30,000 BTC ahead of time in 2025, the company has slowed the pace of its Bitcoin purchases. This comes as the price of BTC is down almost 50% since October 2025, from its all-time high.
On January 29, Metaplanet approved a new equity financing plan to raise up to 20.7 billion JPY, or approximately $135 million to $137 million, aimed at growing its Bitcoin holdings.
The company announced that it will issue new shares and share acquisition rights via a third-party allocation, with the majority of proceeds going to Bitcoin purchases in 2026.
MTPLF stock price collapses 20%
Mataplanet (MTPLF) stock fell 20% on February 5, closing at $1.86. The stock price has already undergone a 50% correction over the past year. This sharp correction in the broader crypto market weighed on Metaplanet and other Bitcoin cash companies.
Most of these companies, which hold Bitcoin on their balance sheets, are showing unrealized losses. On the other hand, Michael Saylor Strategy (MSTR) declined by 17% on February 5, after reporting a massive Bitcoin loss of $12.4 billion.
The company said its capital structure remained “stronger and more resilient” and that it would not face significant debt maturities until 2027.
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Bhushan is passionate about FinTech and has a good flair for understanding financial markets. His interest in economics and finance draws his attention to the new emerging markets of Blockchain technology and cryptocurrencies. He is continually learning and remains motivated by sharing his acquired knowledge. In his free time, he reads thriller novels and sometimes explores his culinary skills.
