Metaplanet Inc. 的比特幣擴張計劃

Metaplanet Inc. 著眼於總量達到 10,000 BTC，計劃今年將其比特幣持有量增加 470%。

Metaplanet Inc. is planning to increase its Bitcoin (BTC) holdings by 470% in 2025, bringing the total to 10,000 BTC.

Metaplanet Inc. 計劃在 2025 年將其比特幣 (BTC) 持有量增加 470%，使總量達到 10,000 BTC。

The company, which began accumulating Bitcoin in April 2024, will use advanced capital market instruments to achieve its goals, CEO Simon Gerovich said in a statement.

該公司執行長 Simon Gerovich 在聲明中表示，該公司於 2024 年 4 月開始累積比特幣，將使用先進的資本市場工具來實現其目標。

“2024 was a year of transformation for Metaplanet,” Gerovich said. “We became the No. 1 Bitcoin treasury company in Asia, set new records and scaled our Bitcoin treasury. This year, we are focused on execution to deliver even more value to our shareholders.”

「2024 年對 Metaplanet 來說是轉型的一年，」Gerovich 說。 「我們成為亞洲第一大比特幣金庫公司，創造了新記錄並擴大了我們的比特幣金庫規模。今年，我們專注於執行力，為股東創造更多價值。

According to a December regulatory filing, Metaplanet held 1,761.98 BTC, valued at around 27.2 billion yen ($173.6 million). The company purchased 19 Bitcoins last year at an average price of 11.8 million yen per BTC.

根據 12 月的監管文件，Metaplanet 持有 1,761.98 BTC，價值約 272 億日圓（1.736 億美元）。該公司去年購買了 19 枚比特幣，平均價格為每枚 1,180 萬日圓。

The largest single purchase was 619.70 BTC in December, at a cost of 9.5 billion yen and comprising 35% of the company’s total holdings.

12 月最大單筆購買量為 619.70 BTC，耗資 95 億日圓，佔該公司總持倉量的 35%。

Metaplanet began 2024 with 97.8 BTC, and its holdings increased rapidly, especially in the last quarter. The BTC Yield — a measure of Bitcoin ownership relative to total shares — rose from 42% to 310% in the latest quarter, reflecting the company’s greater Bitcoin purchases relative to share issuances.

Metaplanet 2024 年開始擁有 97.8 BTC，持有量迅速增加，尤其是在最後一個季度。比特幣收益率——衡量比特幣所有權相對於總股票的指標——在最近一個季度從 42% 上升至 310%，反映出該公司相對於股票發行的比特幣購買量更大。

Price predictions and market outlook Several Metaplanet’s bulk purchases were made when Bitcoin was trading at levels close to $100,000.

價格預測和市場前景 Metaplanet 的一些大宗購買是在比特幣交易價格接近 10 萬美元時進行的。

For 2025, price projections from VanEck and Bitwise range between $180,000 and $200,000. Such forecasts have driven companies toward long-term expansion to begin accumulating Bitcoin.

VanEck 和 Bitwise 預測 2025 年的價格在 180,000 美元到 200,000 美元之間。這樣的預測促使公司進行長期擴張，開始累積比特幣。

To comply with Tokyo Stock Exchange rules, Metaplanet changed its share structure in mid-2024.

為了遵守東京證券交易所的規則，Metaplanet 於 2024 年中期更改了其股權結構。

In June, the company consolidated its shares 10-to-1 to meet the minimum trading price requirement of 50,000 yen.

6月，該公司以10比1的比例合併了股份，以滿足5萬日圓的最低交易價格要求。

It launched a rights offering in August that increased the share count to 36.27 million and raised 10 billion yen ($63.7 million) from over 13,000 investors.

該公司於 8 月啟動了配股發行，將股票數量增加到 3,627 萬股，並從 13,000 多名投資者籌集了 100 億日元（6,370 萬美元）。

Later, in December, the company raised additional funds via two bond issues totaling 9.5 billion yen ($60.3 million).

隨後，12 月，該公司透過兩次債券發行籌集了額外資金，總額達 95 億日圓（6,030 萬美元）。

In November, Metaplanet established a stock rights scheme to facilitate upcoming fundraising requirements.

11 月，Metaplanet 制定了股權計劃，以滿足即將到來的融資需求。

These measures both enhanced its capacity for expanding Bitcoin holdings and strengthened its financial position.

這些措施既增強了其擴大比特幣持有量的能力，也增強了其財務狀況。

Transition to systematic accumulation On December 18, Metaplanet formally designated its Bitcoin treasury operations as a separate business division.

向系統累積過渡 12月18日，Metaplanet正式將其比特幣金庫業務指定為獨立的業務部門。

The move signaled the shift from one-time buys to a planned accumulation strategy.

此舉標誌著從一次性購買策略轉向有計劃的累積策略。

Proceeds from several funding events have been earmarked specifically for Bitcoin purchases, as stated in the company’s Tokyo Stock Exchange filing.

正如該公司向東京證券交易所提交的文件中所述，幾項融資活動的收益已專門用於購買比特幣。

Metaplanet’s approach is reminiscent of MicroStrategy, which is renowned for its corporate Bitcoin acquisitions. Setting a target of 10,000 BTC demonstrates optimism in Bitcoin’s long-term prospects.

Metaplanet 的做法讓人想起 MicroStrategy，後者因企業比特幣收購而聞名。設定 10,000 BTC 的目標表明了對比特幣長期前景的樂觀態度。

The company’s aggressive strategy highlights a broader trend among corporates making Bitcoin investments. Rising crypto prices and projections of institutional adoption continue to pique interest in Bitcoin as a primary growth driver. Metaplanet’s strategy positions it at the forefront of this movement, as it showcases its commitment to capitalizing on opportunities in the evolving market.

該公司積極的策略凸顯了企業進行比特幣投資的更廣泛趨勢。加密貨幣價格的上漲和機構採用的預測繼續激起人們對比特幣作為主要成長動力的興趣。 Metaplanet 的策略使其處於這一運動的最前沿，因為它展示了其對利用不斷發展的市場中的機會的承諾。