Metaplanet Plans to Raise $745 Million to Purchase Bitcoin, Aiming for 21,000 BTC by 2026

Metaplanet, a Japanese publicly traded company, has announced a bold strategy to raise approximately $745 million to fund its Bitcoin acquisition plan, signaling its ambition to become a key player in Japan's Bitcoin renaissance. This move positions Metaplanet to strengthen its Bitcoin holdings and solidify its leadership role in the rapidly evolving cryptocurrency space.

Major Capital Raise to Fund Bitcoin Purchases

On January 29, Metaplanet revealed that it would issue 21 million shares of 0% discount moving strike warrants, a financial instrument designed to raise significant capital. The company plans to use the proceeds from this capital raise to expand its Bitcoin holdings, with a target of acquiring 21,000 BTC by 2026. This marks the largest capital raise in Asian equity markets aimed at purchasing Bitcoin, underlining Metaplanet’s commitment to integrating digital assets into its financial strategy.

The move is part of a broader plan to counter the declining value of the Japanese yen, with Metaplanet positioning Bitcoin as a hedge against currency devaluation. The company’s aggressive Bitcoin acquisition strategy aligns with its broader vision to become a central figure in Bitcoin adoption in Japan.

Ambitious Bitcoin Acquisition Goals

The $745 million capital raise represents the first phase of Metaplanet's ambitious Bitcoin acquisition plan. The company aims to accumulate 10,000 BTC by the fourth quarter of 2025, with an investment totaling over $1 billion at current market prices. By the end of 2026, Metaplanet plans to increase its Bitcoin holdings to 21,000 BTC, valued at approximately $2.1 billion, based on today’s Bitcoin prices.

Simon Gerovich, Metaplanet’s representative director, emphasized the company’s goal of leading the Bitcoin movement in Japan. He stated, “Our vision is to lead the Bitcoin renaissance in Japan and emerge as one of the largest corporate Bitcoin holders globally. This plan is our commitment to that future.” Currently, Metaplanet ranks as the 15th-largest corporate holder of Bitcoin.

Bitcoin Adoption Sparks Rapid Growth

Metaplanet’s journey into the world of Bitcoin began on April 8, 2024, when it made its first Bitcoin purchase, designating the cryptocurrency as a core treasury asset. Since adopting the Bitcoin standard, Metaplanet has experienced what Gerovich described as “exponential growth.” The company reported impressive financial milestones in 2024, including a 309% BTC yield for Q4, following a 41% yield in Q3.

The company’s Bitcoin holdings have also resulted in substantial unrealized gains, positioning Metaplanet as a growing force in the corporate Bitcoin space. Beyond its Bitcoin investments, Metaplanet has seen notable growth in shareholder numbers, surpassing 50,000. The company’s share trading volume has surged by 430 times year-on-year, further demonstrating the positive impact Bitcoin adoption has had on its business operations.

Metaplanet’s Vision for the Future

Metaplanet’s aggressive Bitcoin strategy reflects a broader ambition to capitalize on the increasing global adoption of digital assets and position itself as a leader in the evolving financial landscape. By significantly increasing its Bitcoin holdings, the company aims to strengthen its position in the cryptocurrency market and provide greater value to its shareholders.

Metaplanet’s commitment to Bitcoin as a core treasury asset aligns with a growing trend among institutional investors and corporations seeking to diversify their portfolios with digital assets. As the company continues its ambitious acquisition plan, its leadership in Japan’s Bitcoin renaissance could inspire other corporations to follow suit.

With its $745 million capital raise now underway, Metaplanet is taking decisive steps toward its goal of becoming one of the largest corporate holders of Bitcoin globally, shaping the future of cryptocurrency in Japan and beyond. As the company executes its long-term Bitcoin strategy, it will be interesting to see how its investments contribute to the broader adoption of Bitcoin and other digital assets in the corporate world.