Metaplanet enters the MSCI and will buy another $26 million of Bitcoin

The Japanese Bitcoin HODLer company, Metaplanet, will be added to the Morgan Stanley Capital International (MSCI) index of Japan at the end of February. 

Furthermore, he revealed that he has completed a fundraising of 26 million dollars to purchase more BTC. 

The MSCI Index

MSCI-Barra is a United States financial services provider, originally established as Morgan Stanley Capital International in 1969. After acquiring Barra Inc. in 2004, it changed its name to MSCI-Barra. 

The company calculates and publishes various stock indices internationally, including in Japan. 

Its MSCI Japan Index is designed to measure the performance of the large and mid cap segments of the Japanese market. It is expressed in dollars (USD), includes 191 securities, and covers about 85% of the float-adjusted market capitalization in Japan.

The largest stock included in the MSCI Japan Index is Toyota, the only stock to weigh more than 5% in this index. Three other well-known stocks, Mitsubishi, Sony, and Hitachi, exceed 3%. 

Almost 23% of the market capitalization of the MSCI Japan Index is occupied by industrial sector stocks, such as Toyota, Mitsubishi, Sony, and Hitachi, while only 16% is occupied by financial company stocks. 14% is occupied by tech stocks. 

Bitcoin news: Metaplanet enters MSCI

Today the CEO of Metaplanet, Simon Gerovich, announced that their stock listed on the Tokyo Stock Exchange with the ticker 3350 will be included in the MSCI Japan index starting from the close of February 28, 2025.

It also specified that the MSCI Japan index follows large and mid-cap stocks in Japan, serving as a benchmark for global funds that invest in Japanese stocks.

This will give the company greater visibility, as being part of MSCI Japan means gaining more exposure to institutional investors worldwide, and it will produce passive inflows, as many funds and ETFs that track MSCI indices will now automatically include Metaplanet in their portfolios. 

This should potentially increase the demand for azioni Metaplanet.

Gerovich inoltre ha scritto: 

“Our inclusion reflects the significant progress we have made in expanding our market presence and executing our Bitcoin strategy. This milestone further consolidates Metaplanet’s position as the leading Bitcoin treasury company in Asia and expands our reach in global markets”.

Metaplanet is added to the MSCI index and announces another purchase of Bitcoin (BTC)

Also today, the company announced that it has completed a fundraising of 4 billion Japanese yen (JPY) in unsecured and non-guaranteed bonds, at 0%. It also stated that it intends to use those funds to purchase more Bitcoin. Four billion yen corresponds to about 26 million dollars.

Metaplanet currently already owns more than 1,700 BTC, worth about 170 million dollars.

He started buying Bitcoin last year, even though initially he had taken less than 100. 

In a few months, however, it had come to own almost 250, and between August and September it had risen to almost 400. 

The bulk of the purchases, however, occurred in two successive moments, namely in October, when it managed to reach 1,000 BTC, and then subsequently in December, when it rose above 1,700.

The average purchase price so far is slightly above $77,000, which is a price significantly lower than the current market value. However, it is higher than the $65,000 of Strategy (formerly MicroStrategy), but it should not be forgotten that the American company started accumulating Bitcoin almost five years ago. 

The company Metaplanet

By now, Metaplanet has an activity primarily based on Bitcoin. 

Its stock 3350 debuted on the Tokyo Stock Exchange in 2005, when Bitcoin had not yet been invented. 

Starting from 2006, however, the price of its shares plummeted on the stock market, so much so that even now the all-time high of February 2006 (408,000 JPY) is still extremely distant. 

Note that after falling below 2,000 JPY in 2010, the price continued to decline, reaching its lowest point at 140 JPY right between 2023 and 2024. 

The turning point occurred starting in April 2024, precisely when the Japanese company began buying Bitcoin. 

In particular, already after the first purchases of BTC, the price of its shares rose by 130%, only to take off and return above 3,000 JPY in a few months. 

Subsequently, it continued to rise, so much so that just today it surpassed 7,000 JPY for the first time in the last ten years. 

The historical highs of 2005 are still too far away, but at this point, it seems that at least the 10,000 JPY of 2014 can be regained. In 2013, however, a true speculative bull formed on the stock 3350 in just a few months, bringing its price to almost 67,000 JPY, before crashing back to the initial level.