The US giant increased its Metaplanet holdings to 10.63% and bet 43,000 bitcoins

According to Woofun AI, the US asset management giant Capital Research and Management Company's voting share of Tokyo-listed fund Metaplanet has climbed to 10.63%. This breakthrough in the critical threshold marks a significant shift in traditional capital's attitude towards Bitcoin's strategic allocation.

This change in the shareholding structure was not sudden, but was the result of a precise timeline layout. The change officially took effect as early as July 13, and was later disclosed by Metaplanet on July 21. According to the data, Capital Research and Management Company's shareholding ratio jumped from 9.32% to 10.63%, an increase of 1.31 percentage points.

This key move, which crosses the 10% red line, has special regulatory implications in the context of the Japanese market. Once holding more than 10% of the shares, it often means that the investor faces stricter regulatory scrutiny and more detailed information disclosure requirements. For a top institution that manages hundreds of billions of dollars of global assets, actively accepting this transparency is not short-term speculation, but is based on deep recognition of Metaplanet's unconventional asset allocation logic.

This shift from hidden holdings to open brands reveals the urgent need for large institutional investors to seek high-growth assets within a compliance framework, while also introducing a more complex model of cross-border capital interaction into the Japanese capital market.

The core asset underpinning this confidence is the 43,000 bitcoins held on Metaplanet's books. Estimated at current market prices, this batch of digital assets is worth approximately $2.8 billion. This size places Metaplanet among the third-largest bitcoin holdings of publicly traded companies in the world, after MicroStrategy and Marathon Digital Holdings. Looking back at its development path, the strategy has maintained a high level of financial discipline since its inception in 2023. The company raised capital by issuing bonds, and combined with the cash flow generated by its own operations, continued to purchase Bitcoin as the main reserve asset.

This operating model was fully presented in the Tokyo Stock Exchange's regular disclosures, ensuring transparency of information. Notably, this indirect holding model accurately hits market pain points: it not only attracts retail investors who want to avoid the risk of directly holding cryptocurrency technology, but also satisfies the needs of institutional investors for compliance exposure.

Woofun AI collated data showing that this practice of including Bitcoin in the balance sheet is reshaping traditional finance's valuation logic of digital assets, transforming it from an edge speculation tool to a core strategic reserve.

Looking at it from a broader perspective, Capital Research's increase in holdings reflects a convergence in the perception of digital assets between the US and Japanese capital markets. Although the mainstream financial community still disputes Bitcoin as a corporate asset allocation option, the actual actions of major asset management companies are resolving this divide. When a top US investment advisory firm firmly increases its holdings in a Japan-listed Bitcoin holding company, this is not only an endorsement of the fundamentals of a single company, but also a broad recognition of the business model with Bitcoin as its core strategy.

This cross-market capital flow helps reduce potential shareholders' concerns about risk premiums and paves the way for Metaplanet to further integrate into mainstream global financial systems. As more large asset managers may follow this strategy, the boundary between traditional finance and Web3 assets will be further blurred, and the legitimacy and necessity of Bitcoin in enterprise-level asset allocation will receive more solid empirical support.