Key Takeaways:
Metaplanet raised $255M from international institutions by selling shares at a 2% premium
The company plans to spend more than $350M on more Bitcoin in the next two years.
They want to own 210,000 BTC by the end of 2027, which would be 1% of the Bitcoin supply.
Metaplanet announced that it raised $255 million from global institutional investors. This was done because the company will issue 106.9 million new shares at a price of 380 yen (~$2.39) per share. The company issued a warrant that could allow it to raise another $276 million in the future. If all these warrants are used, Metaplanet will have $531 million to fund these plans.
The 555 Million Plan and Current Holdings
Metaplanet is called the MicroStrategy of Asia because it puts most of its money into Bitcoin. The company holds 35,102 BTC, which is worth about $2.6 billion.
They are not stopping buying Bitcoin when the company is seeing an unrealized loss of 31% with an average price of $107,000. They will use this money to buy the dip and lower their average cost. $531 million in funding will be split into three areas:
Purpose
Amount
Timing
Buy more BTC
$357M
April 2026 – March 2028
Repay debt
$132M
Immediately
BTC yield farming
$39.5M
Ongoing
Metaplanet’s long-term goal is to own 1% of the Bitcoin supply by 2027. They set a mid-term plan of accumulating 100,000 BTC by the end of 2026.
A Strategic Transformation into a Bitcoin Treasury
The company’s mission is no longer running hotels, they want to maximize BTC Yield, a specialized metric that measures the amount of Bitcoin held for every share of the company.
This strategy is designed to protect the company’s value against inflation and provide international investors with a regulated way to get access to Bitcoin in the Asian market.
Read Next: Metaplanet Secures Clean Sweep at Shareholder Meeting to Accelerate Bitcoin Treasury Expansion