Metaplanet Joins FTSE Japan Index, Continues to Stack Bitcoin – Decrypt

Metaplanet, a Tokyo-listed lodge group that over the previous yr has recast itself as Asia’s most energetic Bitcoin treasury agency, will likely be added to the FTSE Japan Index, additional embedding the world’s largest digital asset into mainstream fairness portfolios.

The change was confirmed in an announcement from FTSE Russell’s September 2025 semi-annual assessment on Friday, which upgraded Metaplanet from small-cap to mid-cap standing, with the index inclusion taking impact after market shut by September 19.

Metaplanet’s inclusion marks one other “vital milestone” because it makes an attempt to remain “as Japan’s main Bitcoin treasury firm, CEO Simon Gerovich wrote Sunday on X.

Shortly after Gerovich introduced the inclusion, the corporate disclosed the buy of a further 103 BTC, bringing whole holdings to 18,991 BTC.

It additionally up to date its capital construction, saying 49,000 inventory acquisition rights have been exercised within the week of August 18–22, including 4.9 million shares and lifting the overall to 722 million, a step that funds additional Bitcoin purchases however leaves every present investor with a smaller slice of the corporate.

Eric Trump, appointed as a strategic adviser to Metaplanet in March, will reportedly attend Metaplanet’s subsequent shareholder assembly in Tokyo in September, in accordance with a Friday report from Bloomberg.

A part of the FTSE world fairness index collection, the FTSE Japan Index tracks mid and large-cap corporations listed in Japan. Funds that observe the index mechanically purchase the shares it lists.

Passive influx results

Metaplanet’s inclusion within the FTSE Japan and All-World indices creates a “regulated route for BTC exposures” and “paves the way in which for different crypto-forward corporations to affix main benchmarks,” Vincent Liu, chief funding officer at Kronos Analysis, informed Decrypt.

In impact, “passive flows into the FTSE indices” may “channel institutional capital” into Metaplanet to supply oblique Bitcoin publicity, boosting “liquidity and long-term stability” regardless of dangers the place massive actions “may nonetheless ripple by way of each fairness and crypto markets,” Liu stated.

At a structural stage, the promotion “exhibits that Bitcoin treasury methods do not create boundaries to index inclusion,” Ryan Yoon, senior analyst at Tiger Analysis, informed Decrypt.

Metaplanet was possible evaluated “utilizing customary standards like market cap and buying and selling quantity, with out individually contemplating their Bitcoin holdings,” he added.

Nonetheless, the inclusion seems to signify “the present index framework’s impartial strategy quite than energetic crypto acceptance, “Yoon famous.

“Passive influx results exist structurally, however sensible influence stays restricted,” Yoon stated, explaining that whereas pension funds and index funds mechanically buy Metaplanet shares when monitoring FTSE Japan, it produces “small index weighting,” which implies “minimal direct Bitcoin demand.”

What’s problematic, in accordance with Yoon, is that buyers would possibly “assume they’re making ‘diversified Japan fairness investments’ whereas really being uncovered to each Bitcoin worth volatility and the corporate’s execution functionality in buying Bitcoin.”

Now at almost 64% of its 2025 aim, as soon as Metaplanet reaches its 210,000 BTC goal, the dependency on Bitcoin may intensify and doubtlessly create “sudden volatility for passive buyers who did not anticipate such crypto publicity,” Yoon stated.