Irresponsibly Long Metaplanet

[text] Exactly one year ago today I started to accumulate Metaplanet for around 344 Yen per share. I remember how @DylanLeClair reached out proactively and took the time to answer my questions. I appreciated that a lot. As I deepened my research, I kept buying more shares over the

[text] Why did Metaplanet switch to quarterly announcements? (This is a long and important post. Please read carfully.) A lot of Metaplanet shareholders are wondering why Metaplanet changed from frequent announcements to a quarterly rhythm with regards to their Bitcoin purchases.

[text] Quick update on the Metaplanet 10th series situation: @ZynxBTC and I are in touch with the team, and they have been very open and transparent with us, which we appreciate a lot. I will share more once I come to a final conclusion.

[text] Here‘s the first ever English interview by @DylanLeClair discussing Metaplanet Securities. Key takeaways: - The Type 1 license that Metaplanet Securities now has acquired through Siiibo is a huge strategic asset. It will allow them to get additional licenses more quickly, e.g.

[image] It has now been ~5 months since Metaplanet started preparing the launch of MARS. One day, they will announce it. Just like that. Out of the blue. You better finish building your position before that. Because once they do, we ride. YOU HAVE BEEN WARNED.

[image] Step 1: Hold Metaplanet and wait for Bitcoin to go up. Step 2: Allow Metaplanet to stack Bitcoin when capital markets access is open during BTC bull runs. Step 3: Get rich. We really don't have to complicate this, fellas. But if you're interested, it seems like Metaplanet is

[image] Reading through the Japanese comments under Simon‘s post gives me the creeps. Why are Japanese Metaplanet investors so whiny lol? 😅 A lot of them also don‘t seem to understand the playbook at all. Weird.

[image] Friendly reminder: 1 year ago Metaplanet had 4,000 BTC. They now hold 40,000. In terms of sats per share: 1 year ago: 703 Now: 2473 They 10X’ed their holdings in one year. They 3.5X’ed the sats per share in one year. Another reminder: we are in a bear market environment.

[image] One year ago today. I was invested then, and still am. Who else?

[video] Great news for Metaplanet shareholders: 1) $MPJPY is now tradeable on Robinhood. This opens up Metaplanet to over 27 million funded retail accounts, which will greatly improve trading liquidity over time. 2) Metaplanet's depository bank is temporarily waiving the creation fee

[text] Pre-requisites for being a Metaplanet shareholder: 1. You believe Bitcoin is going to $1 million 2. You believe more Bitcoin per share is ideal 3. You can stomach amplified volatility in Bitcoin downturns If you do not meet these three requirements, please sell your shares.

[image] With Metaplanet likely announcing their end-of-quarter Bitcoin purchase soon... We will likely see them in the #3 position for biggest corporate holder of Bitcoin. Striking distance of #2 already. ONWARD!

[image] And just like that, the Metaplanet team delivered. Metaplanet added 5,075 BTC during Q1 for $79,898 per Bitcoin. They increased their stack by 14.5% while increasing their Bitcoin per share by 2.8%. Their income generation business generated ~$18.63 million of operating

[image] I fully expect Metaplanet to be one of the biggest winners in the Bitcoin treasury trade over the next couple years. If Bitcoin reverts to the Power Law middle fit and hits $275k by January 2028, I think MTPLF can go from roughly $2.14 today to about $11.88 on a conservative

[image] Everyone laughing at Metaplanet's -$1.5B unrealized loss needs to see this chart. I mapped their 40,177 BTC against the Bitcoin power law - the same t⁵·⁶⁹ scaling relation that's held with R² = 0.961 for 15 years. Here's what their P/L looks like at each milestone: 🔴 Today

[text] Remember the Strategy FUD in 2022? „Saylor about to get liquidated any day now.“ „It‘s a house of cards.“ etc. etc. Metaplanet is living through their Strategy 2022 moment right now. Once they get through it, today‘s whiners will turn into superfans. Bookmark it.

[text] If you buy Metaplanet now and hold until 500 Yen, you made 106%. From here until the high from a year ago (1,930 Yen), it‘s almost a clean 8x. I believe that Metaplanet will one day surpass 10,000 Yen, which is a 41x from here. Ignore this at your own risk.

[text] "Metaplanet should focus on Bitcoin and not their VC ambitions" Metaplanet's Bitcoin NAV is $2.48 billion and their immediate commitment to VC is $2.5 million. Do the math. That is 0.1% of their Bitcoin NAV, after a 50% BTC price correction. It's also just 11% of their net

[text] I expect that Metaplanet plan to upgrade their ADR to Level 2 or Level 3 as soon as possible. To establish an options market, they need at least Level 2. Level 2 also allows the ADR to be listed on a major U.S. stock exchange (like Nasdaq or the NYSE). A Level 3 ADR is not

[text] Here's what the CEO of Metaplanet said today: "When we issue preferred shares, the balance sheet underneath needs to be pristine. Every Bitcoin we add strengthens that foundation. The bigger the base, the more credible the credit. We are intentionally building this to become

[video] Metaplanet will launch a credit card this summer. 1.6% of card spending returned in BTC. Bullish on this Japanese hotel company.

[image] One year ago today. What a wild ride this was. Just 3 weeks after I started accumulating. Days like this will return. Patience.

[image] Metaplanet is up 5.39% in Tokyo today. Let‘s not forget that Metaplanet owns 40,177 Bitcoin. They made $88 million today. And they will make: +$40.18 million for every $1,000 rise in Bitcoin +$401.8 million for every $10,000 rise in Bitcoin +$4.02 billion for every

[text] 🇯🇵 Japan enters the next phase! And Metaplanet is in the pole position to dominate this market.

[image] Metaplanet closed +10.70% in Tokyo. To anyone who hasn't received the memo yet: Bitcoin treasury companies are *amplified* Bitcoin. Amplified on the way down. But also amplified on the way up. Imagine where Metaplanet will be at Bitcoin $200K. Bullish on this Japanese hotel

[image] Metaplanet issues ~$50 million in 0% bonds to purchase Bitcoin. The purpose of these bonds is to be able to purchase Bitcoin immediately. These bonds will be repaid with proceeds from the 1.01x mNAV moving-strike warrants as soon as possible. The current EV mNAV is 0.99x.

[text] I expect that Metaplanet will announce a large purchase until the end of Q1, similar to Q4. Also, once Bitcoin recovers to 100K, their playbook will likely work a lot better. There‘s still deep winter in Japan, but cherry blossom season is near. 🌸

[text] Dylan: "to prepare for prefs **without** taking on additional senior obligations." 👀👀👀

[text] This is my last post in this community, as X will delete all communities tomorrow and retire the feature. 😢 I remember when @zynxBTC and I had the idea for this community with the focus on true Metaplanet bulls, with no tolerance for whining and negativity. It was fun while it

[image] Metaplanet has published a detailed explanation of their recent capital raises. Here's a 🧵 of the most important slides. Use of proceeds:

[text] Metaplanet is cooking behind the scenes. Patience.

[text] Same will be true for Metaplanet 🫡🤝

[text] Are there any other topics you want us to discuss with the Metaplanet team? I feel now is the time to clean house, and set ourselves up in the best way possible for the next cycle. If you have any issues, please reply with as many details as possible.

[image] Metaplanet just disclosed that Capital Group, its single largest shareholder, increased its stake to 10.63%. Follow the smart money, and be like Capital Group. Metaplanet is my second largest Bitcoin treasury position, and depending on the relative value compared to Strive I

[image] Capital Group adds to their Metaplanet position and now owns ~5.4% of the fully diluted share count. The smart money is buying. Be like them. Bullish.

[image] Metaplanet EV mNAV is back at 1.05x. EVO is selling shares hands over fist now. #2 on the B100 here we come.

[image] And just like that, Metaplanet is up 15% today. Never fade the Japanese hotel company. Now we ride, Warriors.

[image] The Japanese stock market is closed 3 days in a row this week lol. Would be fun if Bitcoin pumped to 90K until then. It was a while since we had a limit up day.

[text] Remember the mysterious 96.25 million additional shares from the Metaplanet international offering last year? I finally found the answer.

[image] Metaplanet is now only 3,337 Bitcoin away from the #2 spot. Let‘s fucking go.

[text] Here are my conclusions after speaking with the Metaplanet team regarding the 10th series situation.

[video] The balls of a long-term Metaplanet investor.

[image] NOW WE RIDE, WARRIORS!

[video] Back above 300 Yen. We‘re not leaving.