Metaplanet on Friday announced a $5.4 billion equity raise to significantly expand its Bitcoin holdings, with a target of 210,000 BTC by 2027.
The company aims to become Asia’s leading public holder of Bitcoin, targeting 1% of Bitcoin’s total supply.
Asia’s Biggest Bitcoin Acquisition Strategy
In its official presentation, Metaplanet details strategic steps to acquire 210,000 BTC by 2027. The company plans to raise $5.4 billion (¥770 billion) using public equity, innovative financing tools, and securities offerings. If successful, this would mark the largest public equity raise in Asia’s history.
The company’s approach focuses on maximizing its proprietary BTC Yield metric and driving meaningful value for shareholders.
Standing out as Asia’s most ambitious public push into Bitcoin, Metaplanet’s CEO detailed the move on X. The announcement emphasized both the scale of the capital raise and the aggressive targets for Bitcoin accumulation.
“Thrilled to announce Asia’s largest-ever equity raise to buy Bitcoin — again! This time: $5.4 billion to accelerate our Bitcoin strategy. Our new target: 210,000 BTC by 2027,” CEO Simon Gerovich posted on X.
Metaplanet aims to hold 100,000 Bitcoin by the end of 2026 and expand that to 210,000 BTC by 2027, which is equivalent to 1% of Bitcoin’s total supply cap of 21 million.
With this move, Metaplanet raises the stakes among public firms accumulating Bitcoin. Following earlier initiatives, this step reinforces the company’s commitment to leading cryptocurrency reserves, especially as North American and European firms have dominated the space until now.
Meeting its target would position Metaplanet among the world’s leading companies with substantial Bitcoin reserves. This could draw attention from institutional investors and serve as a key indicator of increased crypto adoption among major public firms.
The news comes as Metaplanet expanded its Bitcoin treasury recently to 8,888 BTC after acquiring an additional 1,088 BTC. This accumulation positions it as the 10th-largest publicly traded Bitcoin holder. The Japanese firm also saw its stock price surge to three-month highs in May after announcing Bitcoin acquisitions.
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