Metaplanet的比特幣財政部：大膽的資本分配策略

Metaplanet積極擴展其比特幣國庫，到2027年的目標是210,000 BTC，而Sequans Communications通過一項新的比特幣國庫倡議加入了趨勢。

Metaplanet's aggressive move into Bitcoin highlights a growing trend of companies viewing Bitcoin as a key treasury asset. Let's dive into the details.

Metaplanet邁向比特幣的積極進展強調了將比特幣視為關鍵國庫資產的公司的增長趨勢。讓我們研究細節。

Metaplanet's Ambitious Bitcoin Acquisition

Metaplanet雄心勃勃的比特幣收購

Metaplanet, a Japanese firm, is making waves with its ambitious plan to build a massive Bitcoin treasury. Recently, the company's Board of Directors approved an additional $5 billion in capital allocation to its US subsidiary, aiming to acquire 30,000 BTC by the end of the year. Their ultimate goal? A whopping 210,000 Bitcoin by 2027, representing 1% of the total BTC supply. This move follows an earlier announcement of a $5.4 billion fundraising plan specifically for Bitcoin purchases. Metaplanet's strategy is part of its "555 Million Plan," first announced in June 2025, with the company aiming to become a global leader in Bitcoin treasury management.

日本公司Metaplanet正在採用其雄心勃勃的計劃來建立大量比特幣財政部的計劃。最近，公司董事會批准了向其美國子公司額外撥款50億美元的資本分配，旨在到今年年底收購30,000 BTC。他們的最終目標？到2027年，比特幣高達210,000，佔BTC總供應總額的1％。此舉是在較早發布的54億美元籌款計劃之後，專門針對比特幣購買。 Metaplanet的戰略是其“ 5.55億計劃”的一部分，該計劃於2025年6月首次宣布，該公司旨在成為比特幣財政管理領域的全球領導者。

Aggressive Expansion and Capital Allocation

積極的擴張和資本分配

Metaplanet's expansion includes strategic capital allocation across key jurisdictions. The company believes this approach will enhance treasury yield efficiency and reinforce its position at the forefront of Bitcoin-based capital market innovation. This strategy is not without risk, as evidenced by recent stock fluctuations. After the launch of its US subsidiary, the MTPLF share price initially rose but later faced selling pressure. However, institutional interest remains strong, with firms like Citigroup and Capital Group purchasing significant shares.

Metaplanet的擴展包括跨關鍵司法管轄區的戰略資本分配。該公司認為，這種方法將提高國庫的收益效率，並加強其在基於比特幣的資本市場創新最前沿的地位。這種策略並非沒有風險，如最近的股票波動所證明的那樣。美國子公司成立後，MTPLF股價最初上漲，但後來面臨銷售壓力。但是，機構權益仍然很大，花旗集團和資本集團等公司購買大量股票。

The Numbers Behind the Bitcoin Push

比特幣推送背後的數字

Recent reports indicate that Metaplanet acquired 1,111 Bitcoin for approximately ¥17.2 billion ($118.2 million), bringing their total holdings to 11,111 BTC. These acquisitions occurred even during periods of market volatility, demonstrating Metaplanet's commitment to its Bitcoin strategy. Their Bitcoin-to-equity yield has fluctuated, showcasing the dynamic nature of this investment.

最近的報導表明，Metaplanet以約172億日元（1.182億美元）的價格收購了1,111個比特幣，使他們的總持股量達到11,111 BTC。這些收購甚至在市場波動期間也發生，這表明了Metaplanet對其比特幣戰略的承諾。他們的比特幣對股權產量已經波動，展示了這項投資的動態性質。

Sequans Communications Joins the Fray

序列通信加入競爭

Adding another player to the mix, Sequans Communications, a France-based tech company, announced its own Bitcoin treasury initiative, backed by a $384 million private placement. Partnering with Swan Bitcoin, Sequans aims to build a Bitcoin position alongside its core IoT operations. CEO Georges Karam believes Bitcoin will enhance the company's financial resilience and deliver value to shareholders. This move aligns Sequans with a growing trend of companies leveraging Bitcoin as a treasury asset.

總部位於法國的科技公司Sequans Communications添加了另一個球員，宣布了自己的比特幣國庫計劃，並得到了3.84億美元的私人位置的支持。與天鵝比特幣合作，序列旨在與其核心物聯網操作一起建立比特幣位置。首席執行官喬治·卡拉姆（Georges Karam）認為，比特幣將增強公司的財務彈性並為股東帶來價值。這一舉動將序列與利用比特幣作為國庫資產的公司的趨勢不斷增長。

My Two Satoshis

我的兩個satoshis

While Metaplanet's aggressive approach and Sequans' strategic move highlight the growing corporate interest in Bitcoin, it's essential to remember that this is a relatively new trend. For example, the stock price of Metaplanet(MTPLF) has seen strong institutional backing by Citigroup and Capital Group purchasing 1 million and 2 million shares respectively, however, after a massive rally, there's been a pullback. As more companies explore Bitcoin treasury strategies, it will be interesting to see how these strategies evolve and impact the broader market.

雖然Metaplanet的積極進取方法和序列的戰略舉動強調了對比特幣的企業興趣的日益增長，但必須記住，這是一種相對較新的趨勢。例如，花旗集團和Capital Group分別購買了100萬股和200萬股的Metaplanet（MTPLF）的股票價格強勁的機構支持，但是，在大規模的集會之後，有一個回調。隨著越來越多的公司探索比特幣國庫策略，看到這些策略如何發展和影響更廣泛的市場將很有趣。

Final Thoughts

最後的想法

So, are we witnessing the dawn of a new era in corporate finance? Only time will tell, but one thing is clear: the world of Bitcoin is full of surprises, and it's always good to keep an eye on the trends.

那麼，我們是否正在目睹公司財務新時代的曙光？只有時間會說明，但是有一件事很明顯：比特幣的世界充滿了驚喜，關注趨勢總是很好。