Metaplanet Upgraded to Mid-Cap Status in FTSE Japan Index

Metaplanet's FTSE Japan Index Upgrade

Metaplanet, a Bitcoin treasury firm, has been upgraded to mid-cap status in the FTSE Japan Index following a semi-annual review by FTSE Russell, effective September 2025. The index provider cited the company's strong financial performance, particularly in Q2, as the primary reason for its inclusion in the index, which tracks mid-cap and large-cap companies listed on Japanese exchanges. As a result, Metaplanet will also be included in the FTSE All-World Index, broadening its exposure to global investors and redirecting capital flows into Bitcoin from traditional financial markets.

Implications of the Upgrade

The move marks a significant milestone for Metaplanet, which transitioned from a hotel operator to a Bitcoin treasury company in 2024. The firm currently holds 18,888 BTC in its corporate treasury, positioning it as the seventh-largest publicly traded Bitcoin holder globally, according to BitcoinTreasuries. This places Metaplanet ahead of major firms such as Coinbase and Tesla and establishes it as Japan’s largest Bitcoin treasury company by holdings.

Future Plans and Market Impact

Metaplanet has set an ambitious target to accumulate 210,000 BTC by 2027—equivalent to 1% of Bitcoin’s total supply—further reinforcing its commitment to Bitcoin as a core asset. Additionally, the company’s CEO has hinted at the potential acquisition of income-generating businesses, including a digital bank or related financial services, to diversify its portfolio and enhance long-term value. The broader implications of Metaplanet’s upgrade suggest a shift in investor sentiment toward digital assets and a growing acceptance of Bitcoin as a strategic reserve asset.