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Tokyo-listed agency Metaplanet has raised 74.9 billion JPY, which is round $515 million, to purchase extra Bitcoin after it not too long ago introduced plans to amass 1% of BTC’s 21 million provide.
In a submitting right this moment, the corporate’s main backer, EVO Fund, exercised 540,000 stock-acquisition rights, and transformed them into 54 million new shares. This issuance represents 29% of the whole rights issued in Metaplanet’s twentieth warrant collection, with about 1.31 million rights equal to 131 million shares nonetheless remaining.
Metaplanet Seeks To Elevate $5.4B To Develop Its Bitcoin Stockpile
The big sale comes shortly after Metaplanet revealed its intentions to situation 555 million shares, which is round 92% of the whole excellent shares, to boost $5.4 billion in new capital. The proceeds from this increase will then be used to fund extra Bitcoin purchases, the corporate mentioned.
That transfer is being dubbed the “555 Million Plan,” and is a part of Metaplanet’s purpose to amass 30,000 BTC by the top of 2025. The corporate additionally has the longer-term purpose of rising its Bitcoin holdings to 100,000 BTC by 2026 and 210,000 by 2027, with the latter representing 1% of BTC’s whole provide.
Metaplanet has launched Asia’s largest-ever fairness increase devoted to Bitcoin:
🚀 ¥770.9 billion (~$5.4B) capital increase
📈 555 million shares by way of shifting strike warrants
🥇 First in Japan: issued at a premium to market — enabled by Metaplanet’s excessive volatility and deep liquidity… pic.twitter.com/UlXHneyDzo— Simon Gerovich (@gerovich) June 6, 2025
Metaplanet Closes On Tesla And Cleanspark In Bitcoin Treasury Rankings
Information from BitcoinTreasuries.web exhibits Metaplanet at present holds 11,111 BTC. That is after the corporate’s most up-to-date buy of 1,111 BTC on June 25, which pushed the agency previous Coinbase by way of the variety of Bitcoin held.
With the brand new increase, Metaplanet might quickly overtake Elon Musk’s Tesla within the Bitcoin treasury rankings, with the electrical automobile producer’s holdings standing at 11,509 cash. The Bitcoin purchase earlier this week has additionally put Metaplanet inside attain of CleanSpark, with its Bitcoin reserves standing at 12,502 BTC.
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