Metaplanet Plans to Allocate About 85% to 90% of Assets to Bitcoin

Metaplanet plans to devote about 85% to 90% of its total assets to Bitcoin (BTC) under a further revised capital allocation policy, while setting aside a smaller share for acquisitions and income-focused investments.

About 10% to 15% of assets would go toward mergers and acquisitions, income-generating assets and asset management. The company also set a general target of keeping borrowing tied to holding or adding to its BTC position at about 10% of Bitcoin net asset value or less.

Metaplanet introduced a Net Interest Income Strategy to invest in assets expected to generate returns above their financing costs. The plan would use borrowing, perpetual preferred shares and BitBonds as funding sources.

The company held 44,000 BTC as of Sept. 30.