Citigroup Acquires Nearly 1 Million Metaplanet Shares Amid 400% Stock Surge Tied to Bitcoin Strategy

20.06.2025 13:46

Citigroup recently purchased approximately 962,000 shares of Metaplanet, signaling heightened institutional confidence in the company's Bitcoin-focused strategy. Metaplanet's shares have surged 400% in 2025, reaching a 12-year high above 1,800 JPY, fueled by its aggressive Bitcoin acquisition and treasury accumulation efforts.

Capital Group has also emerged as a significant stakeholder with a $500 million investment, becoming Metaplanet's second-largest shareholder. Meanwhile, EVO Fund reduced its equity stake by selling 4.3 million Metaplanet shares but continues to support the company through strategic financing arrangements, including a $210 million zero-interest loan to accelerate Bitcoin accumulation.

Metaplanet holds over 10,000 BTC, surpassing Coinbase's holdings and aiming to reach 30,000 BTC by late 2025, thereby positioning itself among the top five global Bitcoin holders. Its long-term target is to amass 210,000 BTC by 2027, backed by a $5.4 billion fundraising initiative launched recently.

These institutional purchases, driven by confidence in Metaplanet's model, highlight a broader trend of corporate and institutional Bitcoin adoption in Japan and globally. The company’s stock performance reflects sustained investor interest, and its financial strategy includes front-loading Bitcoin purchases via loans before equity offerings, enhancing capital efficiency.