Metaplanet Secures ¥555 Billion Funding for Bitcoin Acquisition Strategy
Metaplanet has approved a strategy to raise ¥555 billion (approximately $3.8 billion) through preferred shares to enhance its Bitcoin acquisition efforts. This move underscores its commitment to building a sustainable Bitcoin portfolio.
Investment Strategy
- Metaplanet began diversifying into Bitcoin amid Japan's economic challenges.
- The firm recently raised funds after its stock price dropped by 5.4% to 830 JPY on September 1.
- It purchased an additional 1,009 BTC, increasing its total holdings to 20,000 BTC, representing 66% of a goal of 30,000 BTC by year-end.
- By 2026, Metaplanet aims to have 100,000 BTC and 210,000 BTC by the end of 2027.
- Shareholders approved the issuance of 555 million preferred shares during a meeting in Tokyo.
✅ Proposal 1: Increase in Authorized Shares (to 2,723,000,000 shares)
✅ Proposal 2: Shareholders’ Meetings Without a Fixed Location (Virtual-only meetings enabled)
✅ Proposal 3: Establishment of Authorized Class Shares (Class A & Class B Shares)— Metaplanet Inc. (@Metaplanet_JP) September 2, 2025
- The firm previously aimed to raise ¥130 billion ($881 million) through international stock sales, which successfully triggered a 5.70% stock surge.
- In the past eight months, Metaplanet raised over ¥242 billion for Bitcoin purchases via an agreement with Evo Fund, now pausing exercises of Evo’s warrants until the end of September.
Comparative Holdings
Metaplanet is the largest corporate BTC holder in Asia, but its holdings are still less than that of Michael Saylor's firm, which recently acquired an additional 3,081 BTC. This brings its total to 632,457 BTC, valued at approximately $68.7 billion, as Bitcoin trades around $110,256.52.