Grand Plans:
- Raising ¥770.9B (~$5.4B) through 555M moving strike warrants issuance
- First in Japan moving strike warrants priced above market value
- Target: 100,000 BTC by end of 2026
- Ambitious goal: 210,000 BTC by 2027 (~1% of Bitcoin’s total supply)
- Commitment to becoming leading force in Bitcoin space
🚀 Historic Capital Raise
Metaplanet has announced a ¥770.9 billion (~$5.4 billion) equity raise focused on Bitcoin by issuing 555 million moving strike warrants — the first in Japan to be priced above market value.
This represents the largest Bitcoin-focused capital raise by a Japanese company in history, demonstrating unprecedented commitment to corporate Bitcoin adoption.
📈 Ambitious Accumulation Goals
Metaplanet’s Phased Targets:
By End of 2026:
- 100,000 BTC in company treasury
By 2027:
- 210,000 BTC — representing roughly 1% of Bitcoin’s total supply
These figures would position Metaplanet among the top 3 largest corporate Bitcoin holders globally, alongside MicroStrategy and potentially surpassing many other institutional players.
🔧 Innovative Financial Structure
Moving Strike Warrants represent an innovative financial instrument:
- First in Japan case of pricing above market value
- Allows capital raising with potential stock appreciation
- Reduces dilutive effects for existing shareholders
- Provides flexibility in warrant execution
🌏 Global Significance
$5.4 billion is a massive sum even by the standards of major Bitcoin investments:
- Exceeds most corporate Bitcoin strategies
- Demonstrates institutional confidence in Bitcoin’s long-term value
- Could catalyze other Japanese corporations to follow suit
💡 Strategic Vision
This ambitious move underscores Metaplanet’s dedication to becoming a leading force in the Bitcoin space. The company is positioning itself not just as a Bitcoin holder, but as a fundamental player in the Bitcoin ecosystem.
The goal of owning 1% of Bitcoin’s total supply by 2027 is exceptionally ambitious and could significantly impact the cryptocurrency’s supply dynamics.
Bottom Line: Metaplanet’s historic $5.4B Bitcoin-focused equity raise through innovative moving strike warrants, aiming for 210,000 BTC (1% of total supply) by 2027, represents the most ambitious corporate Bitcoin accumulation strategy announced to date, potentially reshaping institutional Bitcoin adoption in Asia and globally.