The Japanese listed company Metaplanet, known for aggressively accumulating crypto, has made another move. This time, they plan to issue a new type of advanced Class A preferred shares called MARS. The approach is similar to the Strategy's STRC model—in essence, they're raising funds to buy more Bitcoin.
In fact, just last month, they pulled off a similar operation by issuing a perpetual Class B preferred share called MERCURY. They issued 2.361 billion shares at 900 yen each, raising about 15 billion yen in one go, which converts to roughly $150 million.
From the looks of it, Metaplanet is fully committed to the institutional Bitcoin accumulation path. Their consecutive fundraising efforts all point to one goal: continuously increasing their Bitcoin holdings.
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BlockchainBard
· 40m ago
Oops, Metaplanet is really planning to turn itself into a Bitcoin ATM, with MARS and MERCURY taking turns, playing the fundraising strategies like pros.
These Japanese folks have seen through it—Bitcoin is the best collateral.
15 billion yen for fundraising on demand, I just want to know how much ammunition is left.
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AirdropHunterXiao
· 13h ago
Wow, this Metaplanet is really incredible. Financing twice a month all to accumulate Bitcoin—this pace is pretty aggressive.
They even dared to swallow 15 billion yen in one go, how optimistic are they about BTC... But I am a bit worried, with such aggressive financing, could there be risks?
Basically, it's a gamble on Bitcoin. If you guess right, you're a genius; if you guess wrong... hmm.
Japanese listed companies rarely play such tricks, it’s really rare to see. Looks like institutions are starting to take it seriously.
This continuous adding to positions feels like they're hinting at something to retail investors—those who understand, understand.
This MARS and MERCURY naming is so flashy, just to make people buy their stocks while also accumulating coins—kind of interesting.
Still think the risk is a bit high. Financing so frequently in a row—aren't they worried about getting burned?
BTC has really brainwashed these institutions, haha.
Let's see how they operate next. It feels like this company is just a Bitcoin investment fund with a shell company listed.
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TokenUnlocker
· 12-08 11:32
Bro, Metaplanet is really turning fundraising into a Bitcoin hoarding assembly line—one round after another, they just can’t stop raising money.
They just wrapped up MERCURY last month, and now they're launching MARS. Honestly, that’s pretty wild… Seems like they don’t even care about interest rates anymore. It’s all about one thing—hoarding.
Exchanging 15 billion yen for $150 million just to keep buying Bitcoin—I honestly can’t figure out if this logic is genius or just pure gambling.
Do all Japanese companies play like this? Feels a little crazy.
If Bitcoin really crashes, just paying the financing interest could bankrupt them...
But to be fair, this MARS + MERCURY combo is pretty fierce. Kind of reminds me of what Strategy did back then.
After this round, can they raise again? Feels like they haven’t even hit the ceiling with this play yet.
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fren.eth
· 12-08 11:32
This guy has really made hoarding coins his main business. Two financing moves in a month—the pace is really fast.
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PriceOracleFairy
· 12-08 11:32
metaplanet really said "we're just gonna print shares and stack sats" lmao. the mercury to mars pipeline is basically institutional hopium tokenization at this point... ngl the arbitrage window on these perpetual preferred structures is getting wild tho
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LiquidityLarry
· 12-08 11:26
These Japanese people really know how to play the game. Raising funds is just raising funds, but they come up with all these fancy names. To put it bluntly, it's all just dumping Bitcoin anyway, haha.
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BagHolderTillRetire
· 12-08 11:23
These Japanese guys are really something. They raise funds just to buy crypto, basically treating listed companies like Bitcoin funds.
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gas_fee_therapist
· 12-08 11:20
Metaplanet's move is really incredible, raising two rounds of funding just to buy crypto—it's a bit crazy.
They raised 15 billion yen for MERCURY, and now they're going for MARS. Are they trying to suck in all the cash in Japan?
Honestly, I kind of admire their guts, but it remains to be seen if they can hold on in the long run.
If this model really works, there will definitely be a bunch of companies following suit.
Wait, did all the money they raised actually go into Bitcoin, or are there other moves?
As for the Machine Learning path, who can say for sure right now if it's the right one?
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LiquidityWizard
· 12-08 11:20
Metaplanet is really something else—two rounds of financing in one month just to hoard coins. How much does Bitcoin have to rise to justify what they’re doing?
The Japanese listed company Metaplanet, known for aggressively accumulating crypto, has made another move. This time, they plan to issue a new type of advanced Class A preferred shares called MARS. The approach is similar to the Strategy's STRC model—in essence, they're raising funds to buy more Bitcoin.
In fact, just last month, they pulled off a similar operation by issuing a perpetual Class B preferred share called MERCURY. They issued 2.361 billion shares at 900 yen each, raising about 15 billion yen in one go, which converts to roughly $150 million.
From the looks of it, Metaplanet is fully committed to the institutional Bitcoin accumulation path. Their consecutive fundraising efforts all point to one goal: continuously increasing their Bitcoin holdings.