Metaplanet to Raise $887 Million for Bitcoin Acquisition

Metaplanet, a Tokyo-listed firm, announced plans to issue 555 million shares offshore, targeting a raise of $887 million primarily for Bitcoin acquisition and yield generation.

This strategic pivot could position Metaplanet as the largest corporate Bitcoin holder, potentially influencing market dynamics and corporate treasury strategies globally.

Metaplanet Aims for Largest Corporate Bitcoin Holding by 2027

Metaplanet has announced intentions to issue up to 555 million new shares internationally. The expected $887 million in fundraising will predominately fund Bitcoin acquisitions, alongside expanding their yield-generation operations. Simon Gerovich, Metaplanet’s president, underscores the objective to leverage Bitcoin for business expansion. He stated, “The goal is to turn BTC holdings into a tool for expansion without selling them or relying on convertible debt.”

This strategy could lead to Metaplanet becoming the world’s largest corporate holder of Bitcoin, with a target of 210,000 BTC by 2027. The company presently holds approximately 17,132 BTC, indicating a rapid accumulation trajectory since early 2025.

Market reactions have been notable, with Metaplanet emerging as the most traded stock on Tokyo’s exchange. The 345% rise in the company’s stock year-to-date suggests investor confidence in this bold Bitcoin-centric approach. No adverse regulatory responses have been reported, with Metaplanet’s inclusion in the FTSE Japan mid-cap index confirmed.

Bitcoin Strategy Spurs Market Volatility and Institutional Interest

Did you know?
Metaplanet’s strategic Bitcoin accumulation mirrors the approach taken by MicroStrategy, which owns 597,000 BTC. Such corporate investments historically trigger significant short-term fluctuations in Bitcoin’s market price and trading volumes.

According to CoinMarketCap, Bitcoin (BTC) currently trades at $111,916.56, with a market cap of $2.23 trillion, indicating a market dominance of 57.41%. The 24-hour trading volume is down 20.93%, amounting to $61.18 billion. Price changes over recent periods show fluctuations, including a 0.83% rise in the past 24 hours.

The Coincu research team highlights that Metaplanet’s efforts to maximize BTC per share could provoke a paradigm shift among corporate treasuries globally. Such aggressive accumulation may drive increased derivatives exposure and potentially alter regulatory frameworks. This strategy bolsters Bitcoin’s position as a pivotal asset within corporate portfolios, enhancing its institutional legitimacy.