Metaplanet Approved for $170M Bitcoin Treasury Plan
Metaplanet gains shareholder approval to transform into a Bitcoin-focused entity with a $170M BTC treasury strategy.
Metaplanet gains shareholder approval to transform into a Bitcoin-focused entity with a $170M BTC treasury strategy. Bitcoin (BTC) is trading at ₹78,05,925 ($82,008.00). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Mon, 19 Oct 2026 18:15:01 UTC.
This development marks a significant expansion of corporate Bitcoin adoption, potentially influencing other companies to adopt similar treasury strategies and increasing institutional Bitcoin demand.
- Metaplanet shareholders approved a 2,100 BTC ($170M) treasury plan.
- The company plans to access US capital markets through preferred stock offerings.
- The move aims to transform Metaplanet into a Bitcoin-focused entity.
- Bitcoin's 24h price increase of 1.06% reflects positive market sentiment.
Metaplanet has secured shareholder approval for a significant 
Bitcoin treasury plan, involving the acquisition of 2,100 BTC, currently valued at approximately $170 million. This move is part of a broader strategy to transform the company into a Bitcoin-focused entity, rebranding as Superplanet.
The approval allows Metaplanet to extend its operations into the US capital market, where it plans to leverage preferred stock offerings to finance additional Bitcoin purchases. This strategy aims to align the company's financial resources with the growing adoption of Bitcoin.
The proposal was approved by Super League Enterprise shareholders, indicating strong support for the company's pivot towards Bitcoin. This development follows a trend of increasing corporate interest in Bitcoin as a treasury asset, with companies like MicroStrategy and Tesla leading the way.
The transaction is expected to provide Metaplanet with greater access to US capital markets, potentially opening up new avenues for growth and investment. The company's focus on Bitcoin aligns with the broader market trend of institutional adoption of cryptocurrencies.
As of the latest market data, Bitcoin is trading at $81,946, up 1.06% in the last 24 hours, reflecting a positive market sentiment. The overall crypto market cap stands at $2.81 trillion, with a Fear & Greed index of 59, indicating 'Greed'.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹78,00,023.04$81,946.00 to ₹78,05,924.51$82,008.00 — +0.08%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $50,000 by December 31, 2026?
Crowd-implied probability on Polymarket, ₹9.51M 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 19 17:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.57M (about $82,008.00), up 1.1% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Metaplanet Approved for $170M Bitcoin Treasury Plan — questions & answers
What is Metaplanet's Bitcoin treasury plan?
Metaplanet plans to acquire 2,100 BTC and transform into a Bitcoin-focused entity named Superplanet.
How will Metaplanet finance its Bitcoin purchases?
The company will use preferred stock offerings in US capital markets to finance additional Bitcoin purchases.
Why is this development significant?
This move signifies a major step in corporate Bitcoin adoption and could influence other companies to adopt similar strategies.
How much is 1 Bitcoin worth in rupee today?
About ₹8.57M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,008.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.08% since this brief first published — trading at ₹78,05,925 ($82,008.00) now versus ₹78,00,023 ($81,946.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.