Japan’s Metaplanet Invades U.S. Markets with ADR Shenanigans 🚀💣

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Key Highlights (Because Who Needs Sleep?)

  • Metaplanet rockets into U.S. markets with ADR “MPJPY”-because why not?
  • Deutsche Bank now handles custodial drama, because “unsponsored OTC” was clearly a comedy of errors.

Ladies and gentlemen, prepare your portfolios! Metaplanet Inc., the Japanese investment firm once dubbed “Asia’s Strategy,” has officially launched its Sponsored Level I ADR program. Trading begins today under the ticker ‘MPJPY,’ because who needs simplicity when you can have a cryptic code? 🤷♂️

With Deutsche Bank Trust Company Americas as the depositary bank and MUFG Bank as the custodian, Metaplanet is now “globalizing its shareholder base.” Translation: They’re letting Americans buy shares without crying. Or maybe they’re just desperate for cash. Either way, it’s a “strategic pivot”-which is corporate speak for “we panicked and changed direction.”

Bridging the Gap for US Institutions (Or Just Begging)

Previously, Metaplanet’s shares were available via the “MTPLF” OTC ticker-a system so chaotic it made the Tower of Babel look organized. Now, with this Sponsored ADR framework, institutional investors can finally hold equity without tripping over custodial bureaucracy. It’s like replacing a canoe with a submarine. Or maybe just a better canoe.

No new capital was raised-because raising capital is for amateurs-but this move is a “critical milestone.” Let’s call it what it is: a Hail Mary pass. The ratio is 1 ADR to 1 share, because math is hard and everyone deserves a break. No new shares? Phew, the stock market is saved! 🙌

For months, Metaplanet balanced on a tightrope, defying gravity and logic. Despite a 4,800% share price surge since 2024, U.S. institutions stayed away. Why? Because nothing says “trust” like a company name that sounds like a sci-fi villain. But fear not! CEO Simon Gerovich, a former Goldman Sachs derivatives trader, has the solution: “This reflects feedback from investors seeking easier access.” Translation: We begged them to take our money.

U.S. trading of Metaplanet ADRs begins December 19. Ticker: $MPJPY

“This reflects feedback from U.S. retail and institutional investors.” Another step toward global participation. Or a cry for help. You decide.

– Simon Gerovich (@gerovich) December 19, 2025

The ‘MPJPY’ ticker now lets you trade, settle, and hold shares like a domestic U.S. security. Because nothing says “trust” like making it feel like Wall Street. Or a circus. 🐘

Metaplanet’s Bitcoin Strategy (Because Yen is So Last Year)

Under Gerovich’s leadership, Metaplanet underwent a “Darwinian pivot.” Translation: They panicked and bought Bitcoin. In April 2024, they declared Bitcoin their primary reserve asset-because who needs a stable currency when you can have crypto? By December 2025, they’re one of the world’s largest corporate Bitcoin holders. Now, with U.S. infrastructure, they aim to lower costs for Americans who want to play “regulated proxy” with BTC. Because nothing says “regulation” like a ticker symbol. 🚨

The “Asia’s MicroStrategy” Playbook (But With More Yen)

Metaplanet’s strategy is often compared to Michael Saylor’s MicroStrategy. Both firms are Bitcoin’s “rocketship,” stacking BTC faster than you can say “market cap.” As of late 2025, Metaplanet is the 4th largest publicly traded Bitcoin holder, with 30,823 BTC. Their 2027 goal? 210,000 BTC-enough to own 1% of all Bitcoin. Because why not compete with giants when you can pretend to be one? 🤡

A “Darwinian Phase” for Treasury Stocks (Survival of the Fittest… Investors?)

As the ADR launch rolls out, it arrives during a “Darwinian phase” for Bitcoin treasury companies. Translation: The market is weeding out the weak. Premiums over Net Asset Value are tightening, so Metaplanet’s positioning as a “regulated gateway” to Japan’s Bitcoinization is either genius… or a Houdini act. Either way, it’s a circus. 🎪

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2025-12-19 16:27