important notes
Metaplanet CEO Simon Gerovich said the company will continue its steady accumulation and prepare for long-term growth. Recently, Metaplanet approved a $137 million new equity loan that will be primarily used to purchase Bitcoin in 2026. MTPLF stock plummeted 20% in a single session on February 5, extending its annual decline by 50%.
Japan’s MicroStrategy Metaplanet says it will continue its Bitcoin accumulation plan, undeterred by BTC’s soaring price.
BTC
70 532 dollars
24 hour volatility:
2.3%
Market capitalization:
$1.41 trillion
Vol. 24 hours:
$4.334 billion
Price correction. This comes as Bitcoin has fallen more than 22% in the past week and is expected to plummet further below $50,000.
Metaplanet continues to purchase Bitcoin
Metaplanet CEO Simon Gerovich has reaffirmed the company’s Bitcoin-first strategy amidst a massive sell-off in the crypto market. Commenting on the development, Simon Gerovich said:
“Metaplanet’s strategy remains unchanged. We will continue to steadily accumulate Bitcoin, grow our revenue, and prepare for our next phase of growth.”
The company ranks as the fourth-largest public Bitcoin holder after Strategy, MARA Holdings, and Twenty One Capital, with Metaplanet holding 35,102 BTC as of February 6th.
The company slowed down its Bitcoin purchases after reaching its goal of 30,000 BTC by 2025. This comes as BTC price has fallen by nearly 50% from its all-time high in October 2025.
On January 29, Metaplanet approved a new equity raising plan to raise up to 20.7 billion yen (approximately $135 million to $137 million) with the aim of expanding its Bitcoin holdings.
The company announced that it will issue new shares and stock acquisition rights through third-party allotment, and that the majority of the proceeds will be used to purchase Bitcoin in 2026.
MTPLF stock price plummets 20%
Mataplanet stock (MTPLF) plunged 20% on February 5th, closing at $1.86. The stock price has already corrected 50% in the past year. This brutal correction in the broader crypto market is weighing heavily on Metaplanet and other Bitcoin treasury companies.
Most of these companies that hold Bitcoin on their balance sheets are left with unrealized losses. Meanwhile, Michael Saylor Strategy (MSTR) fell 17% on February 5th after reporting a massive $12.4 billion Bitcoin loss.
The company said its capital structure remains “stronger and more resilient” and it does not face any significant debt maturities until 2027.
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Bhushan is a fintech enthusiast and has a great talent for understanding financial markets. His interests in economics and finance have drawn attention to the emerging blockchain technology and cryptocurrency market. He is in a continuous learning process and stays motivated by sharing the knowledge he has gained. In my free time, I like to read thriller novels and sometimes try my hand at cooking.
Bhushan Akolkar of X
