Metaplanet Eyes $3.7B Raise to Buy 210K BTC by 2027

Japanese investment firm Metaplanet has unveiled plans to raise ¥555 billion (~$3.73 billion) through a new stock offering to fund its aggressive Bitcoin accumulation strategy. The goal: acquire 210,000 BTC by the end of 2027.

The company will issue perpetual preferred shares offering up to a 6% annual dividend, depending on market conditions and investor interest.

“The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” Metaplanet stated.

Source: Metaplanet 

Related: Metaplanet Becomes 8th Largest Bitcoin Holder After $118 Million Purchase

The move follows Cointelegraph’s recent report that corporate Bitcoin treasuries have now surpassed $100 billion, with Bitcoin accounting for $93 billion of that total.

Corporates Double Down on Bitcoin as Macro Tides Shift

Metaplanet’s expansion strategy mirrors that of Strategy (the world’s largest corporate BTC holder), which recently launched Bitcoin-backed stock pegged at $100/share with a 9% annual dividend.

Both firms are capitalizing on Bitcoin’s correlation with global M2 money supply, with analysts forecasting a potential BTC price surge beyond $132K before end-2025.

BTC projection to $132,000 on M2 money supply growth. Source: Jamie Coutts

Next Macro Driver? Fiscal Policy Uncertainty

According to Matrixport, Bitcoin’s next big macro catalyst may emerge in September, as the U.S. Congress returns from recess and fiscal debates resume.

“Fiscal uncertainty has historically been a powerful tailwind for hard assets, and Bitcoin remains front and center in the narrative,” the report stated.

Meanwhile, FedWatch data shows a 60.8% chance the Fed will hold rates steady at its next FOMC meeting on September 17.

Fed target interest rate probabilities. Source: CME Group’s FedWatch tool

Related: Metaplanet Issues $21M in Zero-Interest Bonds to Boost Bitcoin Holdings After $50M Raise