Fidelity’s Subsidiary Acquires Stake in Metaplanet

- Fidelity NFS now owns 12.9% of Metaplanet.
- Metaplanet targets 1% of Bitcoin supply.
- Shareholder shifts reflect increased TradFi-crypto interplay.
Fidelity Investments, via its subsidiary National Financial Services LLC, has bought a 12.9% stake in Japan’s Metaplanet, valued at approximately $820 million. The purchase was finalized by June 30, 2025, showcasing growing traditional finance interest in Bitcoin.
Fidelity’s move signals increased traditional finance (TradFi) engagement in Bitcoin investments, with Metaplanet’s strategy mirroring MicroStrategy’s Bitcoin treasury model, impacting BTC markets.
Fidelity’s National Financial Services LLC has invested $820 million for a 12.9% stake in Metaplanet, enhancing the company’s Bitcoin treasury strategy. Metaplanet aims to hold 30,000 BTC by 2025.
Simon Gerovich, Metaplanet’s CEO, is leading this aggressive Bitcoin accumulation strategy. This approach draws parallels to MicroStrategy’s strategy as TradFi continues expanding its Bitcoin involvement.
“Our shareholder base continues to evolve as global access expands.” – Simon Gerovich, CEO, Metaplanet
Metaplanet’s stock dropped over 7% in Asia following the announcement. Market participants are weighing share dilution against Bitcoin exposure. Metaplanet’s focus remains strictly on Bitcoin.
The acquisition indicates a potential rise in institutional interest, with Metaplanet set to use its equity for further Bitcoin purchases. Metaplanet’s actions reinforce the importance of Bitcoin in institutional portfolios.
Bitcoin’s role as a treasury asset gains traction, with additional TradFi entities potentially exploring similar strategies. Metaplanet’s strategy suggests broader adoption trends within financial markets could continue evolving.