Metaplanet的比特币财政部：大胆的资本分配策略

Metaplanet积极扩展其比特币国库，到2027年的目标是210,000 BTC，而Sequans Communications通过一项新的比特币国库倡议加入了趋势。

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迈向比特币的积极进展强调了将比特币视为关键国库资产的公司的增长趋势。让我们研究细节。

Metaplanet's Ambitious Bitcoin Acquisition

Metaplanet雄心勃勃的比特币收购

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正在采用其雄心勃勃的计划来建立大量比特币财政部的计划。最近，公司董事会批准了向其美国子公司额外拨款50亿美元的资本分配，旨在到今年年底收购30,000 BTC。他们的最终目标？到2027年，比特币高达210,000，占BTC总供应总额的1％。此举是在较早发布的54亿美元筹款计划之后，专门针对比特币购买。 Metaplanet的战略是其“ 5.55亿计划”的一部分，该计划于2025年6月首次宣布，该公司旨在成为比特币财政管理领域的全球领导者。

Aggressive Expansion and Capital Allocation

积极的扩张和资本分配

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的扩展包括跨关键司法管辖区的战略资本分配。该公司认为，这种方法将提高国库的收益效率，并加强其在基于比特币的资本市场创新最前沿的地位。这种策略并非没有风险，如最近的股票波动所证明的那样。美国子公司成立后，MTPLF股价最初上涨，但后来面临销售压力。但是，机构权益仍然很大，花旗集团和资本集团等公司购买大量股票。

The Numbers Behind the Bitcoin Push

比特币推送背后的数字

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.

最近的报道表明，Metaplanet以约172亿日元（1.182亿美元）的价格收购了1,111个比特币，使他们的总持股量达到11,111 BTC。这些收购甚至在市场波动期间也发生，这表明了Metaplanet对其比特币战略的承诺。他们的比特币对股权产量已经波动，展示了这项投资的动态性质。

Sequans Communications Joins the Fray

序列通信加入竞争

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.

总部位于法国的科技公司Sequans Communications添加了另一个球员，宣布了自己的比特币国库计划，并得到了3.84亿美元的私人位置的支持。与天鹅比特币合作，序列旨在与其核心物联网操作一起建立比特币位置。首席执行官乔治·卡拉姆（Georges Karam）认为，比特币将增强公司的财务弹性并为股东带来价值。这一举动将序列与利用比特币作为国库资产的公司的趋势不断增长。

My Two Satoshis

我的两个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.

虽然Metaplanet的积极进取方法和序列的战略举动强调了对比特币的企业兴趣的日益增长，但必须记住，这是一种相对较新的趋势。例如，花旗集团和Capital Group分别购买了100万股和200万股的Metaplanet（MTPLF）的股票价格强劲的机构支持，但是，在大规模的集会之后，有一个回调。随着越来越多的公司探索比特币国库策略，看到这些策略如何发展和影响更广泛的市场将很有趣。

Final Thoughts

最后的想法

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.

那么，我们是否正在目睹公司财务新时代的曙光？只有时间会说明，但是有一件事很明显：比特币的世界充满了惊喜，关注趋势总是很好。