Metaplanet surges over 12% on Bitcoin-backed yield product plans
Metaplanet, the Tokyo-listed company that has become Asia’s largest public Bitcoin treasury holder, saw its stock jump over 12% after announcing plans to acquire a securities firm and launch Bitcoin-backed yield products targeting Japanese investors.
The company is buying Siiibo Securities for 2.1 billion yen, roughly $13 million. The deal is expected to close in July 2026 and will grant Metaplanet something it has been chasing: a Type I securities license in Japan.
From Bitcoin hoarder to Bitcoin bank
Metaplanet has spent the last couple of years doing what MicroStrategy made famous: buying Bitcoin and putting it on the balance sheet. As of April 2026, Metaplanet holds approximately 40,177 BTC, acquired at an average cost basis of around $97,593 per coin.
Under what the company calls “Project Nova,” Metaplanet is pivoting from pure treasury accumulation to regulated product distribution. The acquisition of Siiibo Securities, which will be rebranded as Metaplanet Securities, is the infrastructure needed to make that happen. A Type I securities license in Japan allows a firm to deal in a wide range of securities products, and getting one from scratch is notoriously difficult and time-consuming.
Targeting Japan’s $7.4 trillion cash pile
Japanese households are sitting on an estimated $7.4 trillion in cash and savings. Metaplanet’s pitch is Bitcoin-backed products that target yields in the 6% to 12% range. The company already launched “Metaplanet Prefs” in 2025, a Bitcoin-backed investment vehicle designed specifically for this purpose.
CEO Simon Gerovich has been the architect of this strategy, steering the company toward becoming a full-stack Bitcoin financial services firm.
What this means for investors
The stock initially moved about 3.5% on the acquisition news before climbing higher. Metaplanet’s shares have been volatile throughout its Bitcoin transformation, with swings exceeding 12% during major announcements becoming something of a norm.
Metaplanet is currently the only major public company in Asia running this playbook. Japan’s largest financial institutions, from Nomura to SBI Holdings, have been steadily building their own crypto capabilities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US and European interest rate trends may diverge! Citadel Securities: Energy shocks and high interest rates may increase downward pressure on the European economy
Castle Securities believes that although energy price shocks and the tightening of monetary policy by the European Central Bank have driven European bond yields to continue rising, these two forces may ultimately also act as factors limiting further increases in yields.
Bank of America (BAC.US) once plunged 6% as CEO sends cautious signal: Q3 trading revenue expected to be flat year-over-year, investment banking fee income may fall short of expectations
Bank of America CEO Brian Moynihan stated that the bank's trading revenue for the third quarter is expected to be "roughly flat" compared to the same period last year, indicating that after strong growth in the first half of the year, the growth momentum of Wall Street trading businesses is slowing down.
Overnight US Stocks | Three Major Indices Closed Lower, AI Giants Jointly Call for Slowing Development, Concept Stocks Plunge Across the Board
At the close, the Dow Jones Industrial Average fell by 152.01 points, or 0.29%, to 52,421.28 points; the S&P 500 Index dropped by 37.03 points, or 0.48%, to 7,619.95 points; and the Nasdaq Composite Index declined by 146.62 points, or 0.56%, to 26,186.41 points.
Bitcoin ETF See $463 Million Exit In Just Four Sessions
Crypto prices
More
