Tokyo-Listed Metaplanet Raises $26M to Buy More BTC, Will Join MSCI Japan Index Soon
02/13/2025 19:00
Metaplanet completes a 0% raise the terms are unsecured, unguaranteed ordinary bonds to purchase more bitcoin.
Metaplanet completes a 0% raise the terms are unsecured, unguaranteed ordinary bonds to purchase more bitcoin.
Feb 13, 2025, 8:50 a.m. UTC
Metaplanet (3350), a Japanese bitcoin (BTC) acquirer, will be added to the Morgan Stanley Capital International (MSCI) Japan index at the end of Feb. 28, according to the firm's CEO Simon Gerovich.
The MSCI index tracks mid-to-large-cap Japanese stocks, which serve as a key benchmark for institutional investors worldwide. As a result of inclusion, Metaplanet will benefit from increased exposure to global investment funds and exchange-traded funds (ETFs) that track MSCI indices.
Gerovich on X highlighted the positive news that comes from inclusion, which includes increased visibility, passive inflows and validation of growth.
"This milestone further solidifies Metaplanet’s position as Asia’s leading Bitcoin Treasury Company and expands our reach in global markets", Gerovich says.
In addition, Metaplanet confirmed they had completed a raise for $26 million (4 billion yen) for 0% of unsecured, unguaranteed ordinary bonds to purchase additional bitcoin.
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James Van Straten
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).
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