Exchanges· ★★★· neutral·

Three Morgan Stanley units disclose 5.25% stake in Metaplanet

  • —UK entity holds 49.68 million shares (3.64%), US entity 22 million (1.61%)
  • —UK entity borrowed about 39.23 million shares, US entity 30.34 million
  • —Metaplanet's CEO plans to lend up to 55 million shares to underwriters tied to convertible bonds
  • —Four Bank of America entities reported a 5.31% stake in Metaplanet the same day
Why it matters: Major US banks are building positions in Japan's largest public bitcoin treasury company, tightening Metaplanet's link to institutional capital.
Source: CoinDesk Japan