Lucía Peña
Metaplanet, the Tokyo-listed investment firm, has announced it raised 74.9 billion JPY ($515 million) to ramp up its Bitcoin holdings. This move is part of its ambitious “555 Million Plan”, which aims to position the company as one of the largest Bitcoin holders globally.
The recent fundraise came after the firm’s main supporter, EVO Fund, activated 540,000 stock acquisition rights, yielding 54 million new shares. This marks roughly 29% of the company’s 20th warrant series, while another 1.31 million rights (equal to 131 million shares) remain available for future conversion.
The Goal: Amassing 30,000 Bitcoins by End of 2025
Metaplanet’s goal is to secure 30,000 BTC by the end of 2025. The firm announced it will issue 555 million new shares — roughly 92% of its total shares — to raise about $5.4 billion for Bitcoin purchases.
In the long term, the company aims to hold 100,000 Bitcoins by 2026, and an unprecedented 210,000 Bitcoins by 2027, making it one of the largest Bitcoin holders in the world.
Joining the Exclusive 1% Bitcoin Club
If successful, Metaplanet will join an elite group of firms controlling at least 1% of Bitcoin’s fixed supply of 21 million. Currently, only Michael Saylor’s Strategy has achieved this feat, with 592,345 Bitcoins acquired since 2020.
Metaplanet currently holds 11,111 Bitcoins, following its recent purchase of 1,111 BTC earlier this week. The firm also announced plans for a $5 billion investment in its U.S. subsidiary as part of its global expansion strategy.
Market Reaction and Outlook
Although Metaplanet has earned its reputation as “Asia’s Strategy” thanks to its bold approach, its stock fell by roughly 5% following the recent equity raise, according to Yahoo Finance. Nonetheless, the company remains committed to its long-term vision, betting that digital gold will secure its future and create long-lasting shareholder value.
