Metaplanet’s Bold Move: ¥555 Billion Bitcoin Shopping Spree Ahead

Tokyo's Metaplanet just fired the starting gun on crypto's next bull run—with a ¥555 billion war chest aimed squarely at Bitcoin.

Why this matters

Corporate balance sheets are becoming crypto's new whale accounts. When publicly traded companies start allocating nine-figure sums to digital gold, even Wall Street dinosaurs take notice.

The playbook

This isn't their first rodeo. Metaplanet's treasury strategy reads like a Bitcoin maximalist's manifesto—liquidating yen holdings for hard-capped digital assets while traditional finance still debates 'if' crypto is legitimate.

Bottom line

Another institution bets against fiat. Meanwhile, your bank still charges ¥500 ATM fees to access your own money.

Metaplanet has revealed plans to supercharge its Bitcoin strategy, announcing an Extraordinary General Meeting (EGM) to seek approval for the issuance of new perpetual preferred stock. The proposal includes two classes: Class A (senior, non-convertible) and Class B (convertible). Alongside, Metaplanet filed a massive ¥555 billion shelf registration, giving itself the option to issue more shares in the future. These bold moves are designed to raise fresh capital, fueling the company’s anticipated next round of major Bitcoin purchases.