Metaplanet revises capital allocation to fund more Bitcoin buys
The Tokyo-listed firm says up to 15% of total assets could go to strategic investments intended to support its Bitcoin accumulation.
Metaplanet has set out a revised capital allocation framework that would permit the company to commit as much as 15% of its total assets to strategic investments, with those investments intended to fund its ongoing Bitcoin accumulation.
- Up to 15% of total assets could be directed to strategic investments under the revised framework.
- The proposal is a revision of the company's existing capital allocation policy.
- The stated purpose of the allocation is to support further Bitcoin purchases.
Metaplanet, which is listed in Tokyo, has become known for a corporate treasury approach built around Bitcoin rather than conventional reserve assets. The company has not disclosed a timetable for the new allocation or specified which investments would fall under it.
The announcement adds Metaplanet to a growing group of listed companies that treat Bitcoin as a core treasury holding, a strategy that ties corporate balance sheets more closely to the cryptocurrency's price swings.