Metaplanet’s $745M Bitcoin Bet: Bold Push to Dominate Crypto Market

Metaplanet, often compared to MicroStrategy, has announced plans to raise $745 million to expand its Bitcoin holdings. The Japanese firm will issue 21 million shares of zero-discount moving strike warrants in a historic capital raise.

This move aligns with its aggressive strategy to become a leading corporate Bitcoin holder globally.

Metaplanet Targets 21,000 Bitcoins by 2026

Metaplanet has acquired 1,762 Bitcoin over the past eight months, marking rapid progress since adopting its Bitcoin-focused strategy. The company plans to scale its holdings to 10,000 BTC by the end of 2025 and to 21,000 BTC by 2026.

The fundraising will fuel this expansion, solidifying Metaplanet’s position as one of the largest corporate Bitcoin holders worldwide.

To facilitate the capital raise, Metaplanet has partnered with EVO FUND through a Stock Issuance Rights Purchase Agreement. The funds will go directly toward Bitcoin purchases as the cryptocurrency recently surpassed $102,000 in market value.

With this strategic approach, Metaplanet seeks to capitalize on Bitcoin’s upward momentum while driving its growth.

The company has experienced remarkable financial performance since it adopted the Bitcoin Standard in April 2024. The company’s stock price surged by 3.10% on Tuesday, closing at 4,120 yen, and has increased 2,347% year-to-date.

Its market capitalization grew by 7,000%, and the company now ranks among the top 15 global corporate Bitcoin holders.

The firm’s Bitcoin yield reached a record-breaking 309.82% in Q4 2024, up significantly from 41.7% in Q3 2024. Its Bitcoin holdings, purchased at an average price of ¥11.85 million per Bitcoin, are now valued at over ¥27.7 billion.

This performance has bolstered investor confidence, as shareholder numbers exceeded 50,000, and share trading volume jumped 430 times year-over-year.

Long-Term Vision

Metaplanet’s leadership remains committed to scaling its Bitcoin treasury as a core business strategy. The company envisions leading Japan’s Bitcoin adoption while solidifying its reputation as a global Bitcoin Treasury leader.

With an ambitious plan to increase its holdings fivefold by year-end 2025, Metaplanet aims to drive significant growth.

By focusing on Bitcoin performance rather than fiat benchmarks, Metaplanet positions itself as a leader in the cryptocurrency space. This bold fundraising move reflects its dedication to dominating the global Bitcoin market while reshaping corporate treasury strategies in Japan.

The aggressive expansion plan showcases the company’s confidence in Bitcoin’s future value and growth potential.

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