Metaplanet's 44,000 Bitcoin Bet Just Got a New 15% Rule
Metaplanet said it revised its capital allocation framework to keep most assets in Bitcoin while reserving a smaller share for acquisitions and income-producing investments. It also said it ended the third quarter with 44,000 Bitcoin after selling and repurchasing coins during the period, and that it added a net 1,000 BTC in the quarter.
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Metaplanet’s revised allocation rule changes what holders and market watchers can expect to see in the company’s balance-sheet mix today: most assets are still slated for Bitcoin, but a smaller slice is now reserved for acquisitions and income-generating investments. That is the immediate shift noticed by shareholders and the Tokyo market, because the company now describes a formal split between Bitcoin holdings and other uses for capital.
In practice, the company is no longer describing a plan that is entirely centered on buying and holding Bitcoin. It still says about 85% to 90% of assets stay in Bitcoin, but the rest can be directed to investments that may generate recurring income or strategic returns, which leaves room for activity beyond spot accumulation.
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