- Metaplanet raises $745M to expand Bitcoin holdings to 21,000 BTC by 2026.
- The company plans to use trading warrants to fund its Bitcoin accumulation.
- Metaplanet reports exponential growth since adopting Bitcoin as a core treasury asset.
Metaplanet, a Japanese public company, plans to raise $745 million to increase its Bitcoin holdings. The company issued 21 million shares of 0% discount moving strike warrants on January 29. The initiative represents one of the biggest Bitcoin-focused funding drives to date in Asia’s equity markets.
Ambitious Bitcoin Acquisition Targets
This $745 million investment marks the start of Metaplanet’s comprehensive Bitcoin strategy. The company aims to accumulate 10,000 bitcoins worth over $1 billion at current values by the final quarter of 2025. The company aims to raise its Bitcoin reserves to 21,000 units worth $2.1 billion by late 2026 while targeting a 10,000-unit balance worth over $1 billion by Q4 2025.
Simon Gerovich, Metaplanet’s representative director and president, stated that this move is critical for the company’s vision. He added that the market already recognizes Metaplanet as Tokyo’s leading Bitcoin company. Gerovich emphasized the importance of leveraging this momentum to establish the company as one of the largest global Bitcoin holders.
Bitcoin as a Growth Catalyst
Metaplanet started using Bitcoin as a core treasury asset after implementation on April 8, 2024. Since this adoption, the company reported exponential growth in key performance indicators. Its Q4 Bitcoin yield reached 309%, following a 41% yield in Q3 2024. Additionally, its BTC holdings have resulted in significant unrealized gains
The company also reported a rise in shareholder numbers, surpassing 50,000. Share trading volumes increased 430 times compared to the previous year. These results demonstrate Bitcoin’s impact on Metaplanet’s financial success and market position.
Strengthening Market Position
Metaplanet is currently the 15th-largest corporate Bitcoin holder worldwide. The company plans to use its Bitcoin strategy to climb higher in global rankings. Gerovich reiterated the company’s commitment to driving Bitcoin adoption in Japan and beyond.
The fundraising initiative reflects Metaplanet’s long-term strategy to counter the yen’s declining value. It also highlights a growing trend of corporations integrating digital assets into their financial strategies. By leveraging Bitcoin, Metaplanet aims to remain at the forefront of the cryptocurrency sector.
