China News by Thebittimes.Com

Metaplanet gained shareholder approval to raise as much as $3.7 billion for more BTC buys, paving the way for a further expansion of its massive Bitcoin treasury. The shareholder vote at an extraordinary general meeting that was attended by Eric Trump clears the way for Metaplanet to issue up to 2.7 billion new shares and introduce a dual-class preferred stock system, giving it new fundraising options while limiting dilution for existing investors. While the approvals move Metaplanet closer to its goal, the company must still finalize issuance terms, secure regulatory clearance, and convince investors to back its buying plan in a challenging market. The Japan-based firm, already Asia’s biggest corporate BTC holder, has its sights set on accumulating 210,000 BTC by 2027. It currently holds 20,000 BTC, ranking sixth globally and ahead of companies like Tesla and Coinbase. Metaplanet Shares Tick Up After 13% Plunge In A Month The approvals from the company’s shareholders s...

Investors in MetaPlanet (3350.T), the MicroStrategy-like Japanese bitcoin (BTC) acquisition company, are concerned about short-sellers attacking their portfolios. A screenshot of the Bloomberg terminal with a list of bankers went viral on social media yesterday following the company’s 35% retracement from its $13.38 high. Within just four business days this month, shares of MetaPlanet crashed from ¥1,930 ($13.38) to ¥1,251 ($8.70). Near that unnerving low, an observer screenshotted a list of share movements from various banks and blamed its bankers for short-selling those shares. With an overly simplistic and dramatic claim designed to go viral on social media, the trader believes “banks are shorting” MetaPlanet and its “strategic BTC play.” MetaPlanet up 330% even after the short attack Even if the claim were true, MetaPlanet is prevailing against these bankers’ alleged attacks with definitive success. Year-to-date, MetaPlanet is up 330%. Over longer time frames, ...

Bitcoin bulls are buzzing after Japan-based investment firm Metaplanet snapped up another 1,004 BTC—its second-largest purchase to date—just as Strategy executive chairman Michael Saylor hinted at yet another massive buy. The back-to-back accumulations come after Bitcoin posted its highest-ever weekly candle close at $106,500, just 3% shy of its all-time high. Analyst Crypto Rover on X says the momentum could signal a “massive breakout” is imminent. Metaplanet’s $104.3 million buy brings its total holdings to 7,800 BTC, fortifying its position as Asia’s largest corporate holder and the 11th biggest globally, according to BitcoinTreasuries. The Japan-based investment firm had also bought 1,241 BTC just a week ago.  Metaplanet bought its latest BTC at an average price of $103,873, CEO Simon Gerovich said in a post on X. Metaplanet has acquired 1004 BTC for ~$104.3 million at ~$103,873 per bitcoin and has achieved BTC Yield of 189.1% YTD 2025. ...

Bitcoin held by listed companies surged more than 16% to 688,000 BTC in the first quarter, fueled by 12 new entrants, while Strategy and Metaplanet disclosed additional purchases yesterday. Bitwise said i n an April 14 post on X that listed companies added 95,431 BTC to their books in the last quarter. The total dollar value of the holdings increased by 2.2% to $56.7 billion with BTC trading at $82,445 at the time of the report. Twelve Firms Buy Bitcoin For The First Time In addition to the amount of Bitcoin held by publicly-traded companies increasing, the number of firms holding BTC also rose, Bitwise added.  In the first quarter of the year, 12 companies purchased the leading crypto for the first time, pushing the total number of corporate Bitcoin holders to 79. Hong Kong-based construction firm Ming Shing was the largest first-time buyer in Q1 of 2025 after it bought 833 BTC. Its holdings were accumulated through two purchases. The first, which saw the firm buy 500 BTC,...

Metaplanet, known as Japan’s MicroStrategy, has revealed plans to raise $745 million to increase its Bitcoin holdings by two times within the next two years. The Japanese firm has been actively raising funds, securing over 1,700 Bitcoins in the last eight months. This aggressive BTC accumulation has benefited the company’s stock price, which has skyrocketed more than 2,000% since the company started investing in the leading crypto.  MicroStrategy’s Bitcoin strategy has influenced Metaplanet, whose goal is to accumulate a substantial amount of Bitcoins as part the firm’s 2025-2026 plan. Metaplanet Prepares For  ¥116 Billion For BTC Purchase In a Jan. 28 announcement, Metaplanet revealed that it issued 21 million shares of 0% discount moving strike warrants in a landmark capital raise. Through this issuance, the company is set to generate approximately ¥116 billion, which is around $745 million. These funds will be directed towards additional...