Metaplanet (3350), a Japanese bitcoin (BTC) acquirer, will be added to the Morgan Stanley Capital International (MSCI) Japan index at the end of Feb. 28, according to the firmโs CEO Simon Gerovich.
The MSCI index tracks mid-to-large-cap Japanese stocks, which serve as a key benchmark for institutional investors worldwide. As a result of inclusion, Metaplanet will benefit from increased exposure to global investment funds and exchange-traded funds (ETFs) that track MSCI indices.
Gerovich on X highlighted the positive news that comes from inclusion, which includes increased visibility, passive inflows and validation of growth.
โThis milestone further solidifies Metaplanetโs position as Asiaโs leading Bitcoin Treasury Company and expands our reach in global marketsโ, Gerovich says.
In addition, Metaplanet confirmed they had completed a raise for $26 million (4 billion yen) for 0% of unsecured, unguaranteed ordinary bonds to purchase additional bitcoin.
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