Metaplanet’s Bitcoin Binge: Will Eric Trump Save the Day? 💸

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Japanese firm Metaplanet secured shareholder approval to raise approximately $884M through the issuance of up to 550M new shares overseas. 🤯 (Because nothing says “financial stability” like selling more shares than a TikTok influencer sells skincare.)

The funds raised are primarily earmarked for expanding Metaplanet’s Bitcoin holdings, and are spearheaded in large part by Eric Trump, son of US President Donald Trump, and a Metaplanet advisor. 🎩💼 (Because nothing says “trustworthy” like a Trump heir advising your crypto bets.)

Even as Metaplanet prepares for another big Bitcoin buy, questions grow about the soundness of the company’s strategy – and of Eric Trump’s involvement. 🤔 (Or maybe the question is, why is this even a question?)

And in the background, hype grows surrounding the launch of Bitcoin Hyper ($HYPER) – a potentially revolutionary Bitcoin Layer 2. 🚀 (Because who doesn’t want a “revolutionary” layer that’s probably just a fancy way to sell you a meme coin?)

Bitcoin Hoard Grows Amid Strategic Push

Metaplanet continues its aggressive accumulation of Bitcoin, purchasing an additional 1,009 $BTC (worth about $112M). 🧾 (Because nothing says “smart investing” like buying more Bitcoin when it’s already a digital hoarder’s dream.)

This brings its total holdings to approximately 20,000 $BTC, surpassing fellow public holder Riot Platforms, and placing it at number six on the list of top global corporate Bitcoin holders. 🏆 (Number six? That’s like being the third-best pizza place in a town where everyone’s a food critic.)

But the aggressive strategy is running a bit of a risk. The company’s innovative funding mechanism – a ‘Bitcoin flywheel’ of warrant-driven funding predicated on a rising stock price – is stalling. 🌀 (Because nothing says “innovative” like a flywheel that’s stuck in a hurricane.)

With shares down approximately 54% since mid‑June, investor appetite for exercising warrants by its key backer, Evo Fund, has waned, choking liquidity. 🚫 (Because nothing says “liquidity” like a 54% drop in shares. Also, welcome to the crypto rollercoaster!)

a shareholder vote to consider issuing up to 555M preferred shares, potentially raising as much as $3.7B. These preferred instruments would offer dividends (up to 6% annually) and act as a buffer against further dilution of common shares. 💰 (Because nothing says “buffer” like a 6% dividend when your stock is doing the cha-cha in a pool of its own tears.)

Eric Trump Joins the Spotlight

The meeting to vote on the preferred shares proposal took on new luster when Eric Trump, appointed as a strategic advisor earlier this year, attended. He participated in a Tokyo event complete with costumes, food trucks, and a K-pop performance. 🎭🍣🎤 (Because nothing says “strategic” like a K-pop performance at a shareholder meeting. Also, where’s the rest of the family?)

Despite the media being barred from entry, his presence highlighted the firm’s high-profile crypto positioning. 🚧 (Because nothing says “high-profile” like keeping the press out of your own event. Also, why?)

And with his support, all the major proposals – including the new stock issuance – passed. 🎉 (Because nothing says “passed” like a Trump heir’s endorsement. Also, did the shareholders even have a choice? Probably not.)

With that hurdle apparently cleared, Metaplanet’s long-term roadmap remains bold: it aims to accumulate over 210K $BTC by the end of 2027 – roughly 1% of all Bitcoin ever to exist – by leveraging its holdings to acquire profit-generating businesses. 🧠 (Because nothing says “profit” like buying more Bitcoin when it’s already a digital hoarder’s dream. Also, 1% of all Bitcoin? That’s like trying to eat the entire pizza with a fork.)

The strategy mirrors MicroStrategy’s crypto-centric model and underscores the company’s ambition to lead the corporate Bitcoin treasury movement. 🏢 (Because nothing says “ambition” like copying a company that’s already in a crypto bubble. Also, MicroStrategy’s stock is doing the cha-cha too. Coincidence? I think not.)

Metaplanet shares traded down around 5-6% on the day, indicating that the company’s moves don’t completely sway investors. At the same time, analysts remain bullish on the longer-term upside. 📈 (Because nothing says “bullish” like a 5-6% drop. Also, analysts are like the crypto version of a fortune cookie. Take it with a grain of salt-or a whole bag of it.)

Metaplanet’s Bitcoin moves come when some of Bitcoin’s underlying limitations are becoming more obvious. Yes, Bitcoin is one of the best stores of value ever created – but as the crypto and web3 economies expand, Bitcoin risks being left behind. 🚪 (Because nothing says “left behind” like a blockchain that can’t handle 10 transactions per second. Also, who needs speed when you’ve got a 100% chance of getting a 100% loss?)

That’s where Bitcoin Hyper comes in. 🚀 (Because nothing says “solution” like a Layer 2 that’s probably just a fancy way to sell you a meme coin. Also, “Hyper” sounds like a good idea until you realize it’s just a name.)

Bitcoin Hyper ($HYPER) – SVM-Power Bitcoin Layer 2 for Lightning-Fast Transactions

Bitcoin Hyper ($HYPER) deploys a hybrid architecture to bring Solana’s lightning-fast transactions and high throughput together with Bitcoin’s reliability and sheer size. 🌟 (Because nothing says “hybrid” like combining two things that are already broken. Also, Solana’s reliability is like a toaster that occasionally catches fire. But hey, it’s fast!)

That’s done via smart contracts on the Solana Virtual Machine (SVM) – particularly a Bitcoin Canonical Bridge to move Bitcoin from the original layer to wrapped Bitcoin on the Hyper Layer 2. Once the wrapped $BTC is minted, it can be used within complex smart contracts, dApps, and DeFi. Moving it back simply reverses the process. 🔄 (Because nothing says “complex” like a bridge that’s just a fancy way to move your money around. Also, DeFi is like a casino where the rules change every 10 minutes.)

However, the final transaction settlement remains on Bitcoin’s Layer 1, preserving the stability and security that Bitcoin is known for. 🔒 (Because nothing says “security” like a system that’s still vulnerable to a 51% attack. Also, stability is a relative term in crypto. It means “not crashing today.”)

//bitcoinist.com/metaplanet-to-add-844m-in-btc-treasury-to-save-itself-pump-for-bitcoin-hyper/

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2025-09-02 11:20