Michael Saylor took to X on February 12th to urge his audience to follow Metaplanet. The move comes against the backdrop of Metaplanet stock surging to new heights.
The firm’s stock price traded at ¥6,880.00 on February 12, 2025, up 16.84% from the previous closure of ¥5,880.00. The stock price increase is in line with Metaplanet’s strategic goals, which include growing its consultancy business and making significant investments in Bitcoin.
However, the stock fluctuated significantly over the last year, ranging from ¥105.00 to ¥6,880.00 within a 52-week span.
Metaplanet’s Constant Bitcoin Purchases
The Japanese venture capital firm Metaplanet has taken a calculated step to dramatically grow its Bitcoin holdings. The corporation became the biggest corporate Bitcoin holder in Asia and the fifteenth largest globally among publicly traded companies in 2024 after acquiring 1,762 BTC with 19 distinct purchases.
In January 2025, Metaplanet declared that it would use cutting-edge finance techniques like loans, equities, and convertible bonds to increase its Bitcoin holdings to 10,000 BTC by the end of the year.
This lofty objective is consistent with market projections that Bitcoin will hit $200,000 by 2025.
In an effort to strengthen its position as the largest corporate Bitcoin holder, Metaplanet raised over $745 million through the issuing of stock to fund this development.
Michael Saylor’s Support Comes as Metaplanet Mimics Strategy’s Bitcoin Buying Spree
Interestingly, Michael Saylor’s support for Metaplanet comes as the firm has been mimicking Strategy’s move of buying Bitcoins.
Due to its aggressive approach to acquiring the cryptocurrency, business intelligence firm Strategy (previously MicroStrategy) has emerged as a major force in the Bitcoin market.
Under the leadership of CEO Michael Saylor, the business started buying Bitcoin in 2020 because it thought it was a better way to store value than currency.
Saylor sees Bitcoin as a long-term investment, and this is a key component of the company’s financial plan. Additionally, MicroStrategy has included Bitcoin into its treasury and balance sheet management approach, which has a big impact on market sentiment.
Corporate Interest in Bitcoin Sees a Rise
In an effort to diversify their portfolios and protect themselves from inflation, corporations are increasingly purchasing Bitcoin as part of their investment strategy. Particularly in an economy with low interest rates and little return from traditional assets, Bitcoin is viewed as a store of value.
Businesses like Tesla and MicroStrategy see Bitcoin as a means of preventing currency devaluation and protecting wealth. Additionally, businesses searching for high-growth prospects are drawn to Bitcoin due to its potential for long-term appreciation.
Bitcoin is becoming a more appealing and practical choice for company balance sheets as a result of growing institutional adoption and the growing integration of cryptocurrencies into conventional finance.