When New Fire Technology announced a $5 million Bitcoin purchase plan, and MetaPlanet secured a $130 million loan backed by Bitcoin, the total Bitcoin-related allocation by global listed companies exceeded $130 million in a single day yesterday. The trend of Bitcoin treasury management is deepening simultaneously in the Hong Kong stock market, Japan, and Europe.
- Regional Strategy: Differentiated Paths in Three Major Markets
Breakthrough in Hong Kong Stocks:
New Fire Technology Holdings (HKEX:01611) Board announced a Bitcoin purchase plan of up to $5 million (approximately HKD 39 million) to be executed in the open market.
Execution Progress: 24.29 BTC have been purchased, with an average cost of $82,338 per coin, totaling an investment of approximately $2 million.
Strategic Significance: As the first Hong Kong-listed company to clearly outline a Bitcoin allocation plan, it provides a model for asset diversification for other Hong Kong-listed companies.
Deepening the Japanese Model:
MetaPlanet Inc. (TSE:3350) executed a new loan of $130 million based on a credit limit contract, using its held Bitcoin as collateral.
Holding Scale: Currently holding 30,823 BTC, sufficient to cover all collateral requirements.
Use of Funds: Further purchase of Bitcoin, advancement of Bitcoin revenue business, and stock buybacks when market conditions allow.
Robust Increase in Europe:
Capital B (Euronext: ALCPB) increased its holdings by 5 BTC, raising its total to 2,823 BTC.
Value Creation Inc. (TSE:9238) used surplus funds to purchase 7.057 BTC, with a total value of approximately 100 million yen.
- Model Innovation: Capital Efficiency of Bitcoin-Backed Loans
MetaPlanet's Bitcoin-backed loan model marks the maturation of treasury strategies:
Asset Activation: Using static Bitcoin holdings as collateral to obtain low-cost funding.
Leverage Effect: Acquiring incremental funds for business expansion without reducing Bitcoin holdings.
Capital Structure Optimization: Combining traditional debt instruments with crypto asset collateral.
- Trend Insights: Three Evolutionary Stages of Bitcoin Treasury Management
1.0 Holding Stage: Simply purchasing and holding Bitcoin as a reserve asset.
2.0 Earning Stage: Generating returns on Bitcoin assets through staking, lending, and other means.
3.0 Capitalization Stage: Using Bitcoin as collateral to obtain traditional financing, enhancing capital efficiency.
The case of MetaPlanet shows that leading companies have entered the 3.0 capitalization stage, while companies like New Fire Technology are transitioning from 1.0 to 2.0.
Data indicates that listed companies using Bitcoin as collateral for traditional financing are expected to grow by 150% quarter-on-quarter by Q4 2025, with Bitcoin's "digital collateral" property widely recognized.
From New Fire Technology's $5 million allocation plan to MetaPlanet's $130 million collateralized loan, Bitcoin's role in the treasury of listed companies is evolving from a passive "store of value" to an active "capital tool." This shift not only enhances capital efficiency but fundamentally changes how companies perceive and utilize Bitcoin assets.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
