Irresponsibly Long Metaplanet

[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.

[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.

[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] "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] 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] 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

[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. 🌸

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

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

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

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

[image] NOW WE RIDE, WARRIORS!

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