TLDR
- Metaplanet stock rose 17% after a $30 million investment by Nakamoto Holdings.
- The company raised $1.4 billion to purchase nearly 11,000 more BTC.
- Metaplanet now holds 20,136 BTC and increased Bitcoin reserves to 10%.
- Common stock issuance to Nakamoto Holdings is scheduled for September 17.
Metaplanet stock surged by 17% on Wednesday, September 10, following a fresh $30 million investment from Bitcoin treasury firm Nakamoto Holdings. The Japanese company, known for its growing Bitcoin holdings, also revealed it raised $1.4 billion to expand its digital asset purchases. This marks a key shift after last month’s decline and signals renewed investor interest.
$30 Million Investment Pushes Stock Higher
Metaplanet saw its shares rally sharply after Nakamoto Holdings, through its subsidiary KindlyMD, committed a $30 million investment. The announcement came during a broader capital raise by the Tokyo-listed firm, aimed at expanding its Bitcoin portfolio.
According to the company, the funding is part of an international equity financing deal. Nakamoto Holdings will complete the investment by September 16, with the issuance of common stock scheduled for September 17. David Bailey, CEO of KindlyMD, stated, “Metaplanet has established itself as a leader in Japan’s Bitcoin landscape… We are proud to support their mission.”
This investment followed a period of downward pressure on Metaplanet’s stock, which had declined by nearly 70% since reaching 1900 JPY in June. The recent bounce suggests growing market support, as institutional backing helps restore confidence in the firm’s long-term Bitcoin strategy.
Bitcoin Holdings Strategy Drives Capital Allocation
Metaplanet confirmed it has increased its capital reserve allocation for Bitcoin from 5% to 10%. This move supports the firm’s income-generation plan through digital asset holdings. The company now holds 20,136 BTC, and with the recent $1.4 billion raised, it plans to purchase nearly 11,000 more BTC.
The firm’s management stated that earnings from Bitcoin holdings will be directed toward shareholder dividends. This approach is part of Metaplanet’s strategy to create a financial structure centered around Bitcoin reserves.
With a growing number of firms adding Bitcoin to their treasuries, Metaplanet continues to position itself among the most active in Asia. The company aims to use this model to generate long-term income while aligning its financial goals with digital asset growth.
Technical Models Suggest Trend Reversal in Stock Price
Technical indicators suggest a possible reversal in Metaplanet’s stock performance. The Power-law Quantile model indicates that the stock’s bottom is at 705 JPY. The fair value is estimated at 1,332 JPY, which is above the current market price after the rally.
Investors appear to be responding to both the new capital injection and the company’s efforts to rebuild confidence. The recent correction in the stock price created a buying opportunity, especially as Metaplanet strengthens its Bitcoin strategy.
Since the announcement, trading volume has increased, pointing to growing interest from both retail and institutional investors. The company’s efforts to raise capital and expand holdings have attracted market attention, helping push the share price upward.
Metaplanet continues to pursue its goal of becoming a key player in the Bitcoin space. With institutional partnerships and an increasing BTC reserve, it remains focused on a strategy that blends equity financing and digital assets.
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