Highlights
- Metaplanet CEO Simon Gerovich said the company would continue its steady accumulation and prepare for long-term growth.
- Recently, Metaplanet approved $137 million in new equity raising, primarily earmarked for Bitcoin purchases in 2026.
- MTPLF shares plunged 20% in a single session on February 5, extending a 50% year-to-date decline.
Japan’s MicroStrategy Metaplanet said it was unperturbed by BTC and would continue with the company’s Bitcoin accumulation plans.
BTC
$66,471
24-hour volatility:
5.6%
Market capitalization:
$1.33T
Vol. 24 hours:
$162.94B
Price modification. This comes as Bitcoin has fallen more than 22% over the past week and is expected to see a further collapse below $50,000.
Metaplanet Continues Bitcoin Purchase
Metaplanet CEO Simon Gerovich reaffirmed the company’s Bitcoin-first strategy amid a significant decline in the cryptocurrency market. Simon Gerovich talks about development said:
“(T)here is no change in Metaplanet’s strategy. We will continue to accumulate Bitcoin, expand profits, and prepare for the next phase of growth.”
As of February 6, Metaplanet holds 35,102 BTC, making it the fourth-largest public Bitcoin treasury holder behind Strategy, MARA Holdings, and Twenty One Capital.
After reaching its goal of 30,000 BTC before 2025, the company slowed down its Bitcoin purchases. This is because the BTC price has fallen nearly 50% from its all-time high in October 2025.
On January 29, Metaplanet approved a new equity capital raising plan to raise up to 20.7 billion yen (approximately 135-137 million USD) with the goal of expanding its Bitcoin holdings.
The company said it will issue new shares and stock acquisition rights through third-party placements and that most of the proceeds will be earmarked for Bitcoin purchases in 2026.
MTPLF stock price plunged 20%
Mataplanet Stock (MTPLF) plummeted 20% on February 5, closing at $1.86. The stock price has already corrected 50% over the past year. This brutal correction in the broader cryptocurrency market has weighed on Metaplanet and other Bitcoin treasury firms.
Most of these companies holding Bitcoin on their balance sheets were carrying unrealized losses. Michael Saylor’s strategy (MSTR), on the other hand, fell 17% after reporting massive Bitcoin losses of $12.4 billion on February 5.
The company said its capital structure is “stronger and more resilient” and that it does not have significant debt maturities until 2027.
next
disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to convey accurate and timely information, but should not be taken as financial or investment advice. Market conditions can change rapidly, so please verify the information yourself and consult with experts before making any decisions based on such information.
Bhushan is passionate about fintech and has a great talent for understanding financial markets. His interest in economics and finance draws attention to the emerging blockchain technology and cryptocurrency markets. He is constantly in the process of learning and is motivated by sharing the knowledge he has acquired. In my free time, I read thriller novels and sometimes explore my cooking skills.