Metaplanet Gains 66% More Japanese Investors, Reaching Nearly 0.2% of Population

Japanese Bitcoin treasury company Metaplanet is seeing increased interest from domestic investors despite a steep decline in its stock price.

It has garnered attention for its bold approach to the company’s Bitcoin strategy, attracting attention from both retail and institutional investors and demonstrating growing confidence in Bitcoin across the country.

Growing interest in retail industry

Metaplanet CEO Simon Gerovich shared with X that approximately 212,571 Japanese residents, or approximately 0.2% of the population, are currently shareholders in the company. The number of Japanese shareholders has increased by 66% in the past few months.

This shows that Bitcoin companies are rapidly gaining acceptance among Japanese investors.

Metaplanet currently holds 30,823 BTC. The company’s stock price has fallen about 25% in the past six months. Despite the share price fluctuations, the increase in domestic shareholders indicates growing interest in Metaplanet’s Bitcoin-focused strategy.

Metaplanet’s strategic moves

Metaplanet quickly became a leading player in the Japanese Bitcoin scene. The company aims to hold 21,000 BTC by 2026 and is taking strategic steps to enhance its financial flexibility while remaining focused on Bitcoin growth.

The company recently secured a $100 million loan with Bitcoin as collateral. Metaplanet’s conservative financial management ensures that the loan is well covered even in the event of rapid price fluctuations. This funding can support Bitcoin purchases, income generation initiatives, and stock buybacks.

Japan’s bold Bitcoin experiment

Analyst Shanaka Anslem Perera points out that Japan is experiencing a quiet financial upheaval.

Capital Group owns 11.45% of the company’s shares, which indicates confidence from its major investors. And its $100 million Bitcoin-backed loan represents unprecedented leverage. Meanwhile, regulators are paving the way for banks to own digital assets. Even Japan’s massive $1.5 trillion pension fund (GPIF) is exploring possible Bitcoin allocations.

Japan is conducting bold financial experiments to combat long-term deflation. “The way it works is terrifyingly elegant: borrow cheap yen, get hard bitcoin, and wait for the physics of money to unfold.” says the analyst.

And even a small allocation by institutions like GPIF could reshape the Bitcoin market on a global scale. However, there remains the risk of a significant drop in the Bitcoin price or an unexpected appreciation of the yen.

Nevertheless, Japan is increasingly accepting Bitcoin. According to a report by Chainalysis, Japan ranked 19th out of the top 20 countries in the world to adopt cryptocurrencies this year. And Metaplanet’s expansion of its domestic shareholder base and strategic moves highlight the growing acceptance of Bitcoin in Japan despite market volatility and risks.

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