METAPLANET BOUGHT BITCOIN EVERY SINGLE QUARTER THROUGH THE DRAWDOWN. 🇯🇵🟠 CEO Simon Gerovich at Bitcoin Asia 2026: "We bought Bitcoin every single quarter. Not because we're brave, but because we built our balance sheet so that no week of the drawdown could force us into a corner." From 11,000 to 250,000 shareholders. 👀

Metaplanet cancelled 131 million shares worth over $200 million from its management compensation pool. That followed the public pressure campaign Ragnar and I started. How are we repaid? Constant libel and lies. I'd do it again, every single time.

Metaplanet started buying Bitcoin in April 2024. Strive started in September 2025. Today: Metaplanet has 44,000 BTC at ~$102,000 average. Strive has 43,000 BTC at ~$87,800 average. Strive started 17 months later, now holds nearly as much Bitcoin and paid ~$14,000 less per coin. Just an observation.

Metaplanet is tweaking the playbook with its stock sitting around 0.8x NAV. Selling common shares below 1.0x NAV is basically off the table to protect holders, though preferred equity is still doing the heavy lifting for coin buys. The new twist: 10–15% goes into yield plays, like preferred shares of peer BTC treasuries and BTC-backed credit. They aren't abandoning equity raises, just adding a yield spread to help service preferred dividends and fund some extra BTC on the side.

Metaplanet says it sold 10,000 $BTC to show its reserves could cover debt principal in cash, then bought 11,000 at higher per-coin prices. Preliminary figures imply a ¥11.57B price gap on replacing the original 10,000. A credit rating is not assured.

Metaplanet Now Has Its U.S.-based Bitcoin Treasury Platform @Metaplanet has taken control of Nasdaq-listed Super League and renamed it Superplanet, which is now its main U.S. $BTC treasury platform. CEO Simon Gerovich (@gerovich) confirmed the development on X: "Metaplanet will acquire a controlling interest in Super League Enterprise (Nasdaq: SLE). At closing, the company will change its name to Superplanet, Inc. (Superplanet) and will be consolidated as the U.S. Bitcoin treasury platform of our group, which we are launching with a contribution of 2,100 BTC from our company." This move infuses the new entity with 2,100 $BTC from Metaplanet's treasury, giving it a direct foothold in the world's deepest capital markets before its planned close by Q4 2026. With the "two engines" model, it can generate funds in both Japan and the United States to finance the same $BTC treasury position.

Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).