Metaplanet Bets Big on Bitcoin: $5.4B Raise Targets 210,000 BTC Treasury by 2027

Tokyo-based investment firm Metaplanet just made its play for the institutional Bitcoin hall of fame—announcing plans to secure a staggering 210,000 BTC within two years. The $5.4 billion capital raise would catapult them into the top tier of corporate BTC holders, rivaling MicroStrategy's infamous stash.

Why the aggressive accumulation? The firm's cryptic press release nods to 'macroeconomic turbulence'—finance-speak for 'we don't trust central banks.' Their treasury strategy now mirrors crypto-native companies, swapping yen reserves for digital gold.

Critics call it a leveraged gamble; bulls see a masterstroke. Either way, Metaplanet just turned its balance sheet into a Bitcoin options contract. When your CFO moonlights as a maxi, expect volatility.

Metaplanet to Raise $5.4 Billion to Buy Bitcoin

Asia’s largest corporate holder of Bitcoin, Metaplanet, announced the Accelerated 2025-2027 bitcoin Plan, according to a press release on June 6. The company has revised the plan upward to set a goal to purchase 210,000 Bitcoin by 2027.

“Our new target is to hold over 210,000 Bitcoin by the end of 2027, which corresponds to approximately 1% of the total Bitcoin supply cap of 21,000,000 BTC, as per the statement.

In order to buy this many BTCs, Metaplanet will issue stock acquisition rights enabling the issuance of up to 555 million shares. The shares are in addition to the 210 million shares already issued under the 21 Million Plan.

Simon Gerovich, CEO of Metaplanet, said the company has launched Asia’s largest-ever equity raise dedicated to Bitcoin. He expects 770.9 billion Yen ($5.4 billion) capital raise by issuing 555 million shares via moving strike warrants.

He added that Metaplanet aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027.

*Metaplanet Announces Accelerated 2025-2027 Bitcoin Plan: Targeting 210,000 $BTC by 2027*

Full Presentation: https://t.co/JG28maMdfd pic.twitter.com/i9kzmjlDT8

Currently, Metaplanet holds 8,888 BTC in total, achieving 88.8% of its 10,000 BTC goal for 2025. Moreover, the company has achieved a BTC Yield of 225.4% YTD. It is among the top 10 holders of Bitcoin.

Metaplanet Inc. (3350.T) stock price closed 1.61% lower at 1,341 yen on Friday. As per Yahoo Finance, the stock price has rallied over 213% in a month and nearly 285% YTD.