Metaplanet's 44,000 Bitcoin Bet Just Got a New 15% Rule

Key Summary

Metaplanet, a Tokyo-based company, has rewritten its rulebook to allow up to 15% of its assets to be allocated outside of Bitcoin, up from 0%. The company now plans to invest in takeovers, income-paying securities, and seed an investment business, with 2,100 BTC and $2.5 million allocated to Super League Enterprise. The new allocation is expected to fund growth, but Metaplanet warns that results are not guaranteed. The company's market value is valued at 74 cents per dollar of Bitcoin, with its coins worth approximately $3.8 billion and shares worth about $2.1 billion.