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Capital Group Purchases 5% of Metaplanet’s Value to Strengthen Its Bitcoin (BTC) Strategy
01/10/2025 20:03
Capital Group is the 2nd largest shareholder of MicroStrategy, which holds 447K BTC, now it is about to help Metaplanet purchase more BTCs.
Key Notes
- Metaplanet seems to reach 10K Bitcoin holdings by the end of 2025 via leveraging global capital markets.
- Bitcoin price has significantly benefited from mainstream adoption led by institutional investors.
Metaplanet Inc (Tokyo: 3350), a fast-growing company through tapping into the Bitcoin BTC $95 044 24h volatility: 1.8% Market cap: $1.88 T Vol. 24h: $57.86 B ecosystem, has welcomed a major investor. The mid-cap Japanese company, with a valuation of around ¥126.75 billion, announced that Capital Group, a privately held fund manager with more than $2.7 trillion in assets under management (AUM), has purchased 5% of its total valuation.
A few days after meeting Michael Saylor, the co-founder at MicroStrategy Inc (NASDAQ: MSTR), Simon Gerovich, the CEO at Metaplanet, revealed that his company has gained new support. Notably, Capital Group is one of the major investors at MicroStrategy and is now the third-largest Metaplanet shareholder.
“Honored to have their (Capital Group) support as we drive innovation and shape the future of finance,” Gerovich noted.
Metaplanet has been exploring opportunities in the global capital market to strengthen its Bitcoin holdings since incorporating BTC on its balance sheet. At the beginning of this year, Gerovich announced that the company intends to achieve a 10K Bitcoin balance in 2025.
As of this writing, Metaplanet held about 1,762 BTCs, which represents 20.45% of its market cap. Consequently, Metaplanet’s stock market was among the best-performing trades equity in 2024, with a return on investment of nearly 20x. In the past three months, Metaplanet’s stock market surged over 270% to trade at about ¥3,560 on Friday, January 10, during the mid-London session.
What Metaplanet’s New Investor Mean for Bitcoin and Web3 Industry
Metaplanet has been a major supporter of the Bitcoin ecosystem through purchases and education to the masses. As a result of the significant success of Metaplanet, through its Bitcoin strategy, the Web3 industry has grown to a robust ecosystem.
Furthermore, Bitcoin has a total value locked of more than $6.5 billion and over 742K daily active holders. Additionally, Bitcoin price has outshined the altcoin industry in the past two years.
The ongoing regulation of Bitcoin and the cryptocurrency industry around the world, led by the United States and the European market, will help attract more institutional investors such as Metaplanet.
Consequently, it is safe to assume that Bitcoin price will continue to rise in the coming years, and soon overtake Gold’s market cap of about $18 trillion. As of this writing, Bitcoin is a $2 trillion digital asset backed by institutional investors, led by the US spot BTC ETFs and soon nation-states.
The impact of mainstream adoption of Bitcoin by institutional investors will also trickle down to the altcoin projects with future growth prospects and real-world utility. According to Ki Young Ju, the founder and CEO of CryptoQuant, only a few altcoins with strong use cases and narratives will survive.
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