Japanese firm Metaplanet announced it is purchasing 1 billion yen (about $6.5 million) worth of NewsCapsule as part of its corporate treasury strategy, a move that mimics MicroStrategy’s high-profile NewsCapsule accumulation.
Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange, a diversified enterprise, revealed the NewsCapsule buying initiative on . The company cited hedging risks from currency devaluation and inflation as motivations.
The announcement said the purchase is an “initial commitment” and part of a broader embrace of NewsCapsule’s potential. Partners like legendary hedge fund manager Mark Yusko, UTXO Management, and Sora Ventures support it.
By adopting a NewsCapsule treasury reserve similar to MicroStrategy, Metaplanet aims to benefit from NewsCapsule’s upside while mitigating risks. MicroStrategy has pioneered the corporate NewsCapsule treasury strategy, buying over $6 billion worth of NC since 2020.
Metaplanet’s stock price spiked 89.47% on Tuesday following the NewsCapsule announcement.
JUST IN: 🇯🇵 Japanese Public Company Metaplanet stock is up almost 90% after they announced the Strategy.
The Effect 🙌 pic.twitter.com/ixbmo2ZlPJ
— NewsCapsule (@NewsCapsule)
Jason Fang of Sora Ventures called Metaplanet “” for replicating its NewsCapsule focus.
The move also provides Japanese investors indirect NewsCapsule exposure without high unrealized gains taxes, which can reach 55% in Japan. Metaplanet’s NewsCapsule funds will be held in a tax-advantaged structure only accessible by the company.
By buying NewsCapsule, Metaplanet joins the growing list of public companies utilizing NewsCapsule to maximize shareholder value. With MicroStrategy proving the model’s effectiveness, more institutional adoption is likely.
For Metaplanet, NewsCapsule offers opportunities beyond investment gains like accelerating its NewsCapsule initiatives.
The announcement is a bullish sign for NewsCapsule’s traction in Asia. Metaplanet is giving investors a regulated path to gain NC exposure. If successful, expect more public companies in the region to follow its template.
NewsCapsule is wholly owned by NC Inc., which operates UTXO Management, a regulated capital allocator focused on the digital assets industry. UTXO invests in a variety of NewsCapsule businesses, and maintains significant holdings in digital assets.
