Metaplanet's Bold Move: $745.5M Bitcoin Acquisition Plan Marks Historic Fundraising Effort in Asia

Tokyo-based investment powerhouse Metaplanet has unveiled an ambitious plan to raise ¥116 billion (approximately $745.5 million) to bolster its Bitcoin holdings, positioning itself as a trailblazer in the evolving cryptocurrency landscape.

The firm intends to issue 21 million shares of 0% discount warrants, allowing investors the right to purchase Metaplanet’s stock at a fixed price. If fully executed, this fundraising initiative would set a record as Asia's largest equity market capital raise for Bitcoin acquisition.

Strategic Timing Amid Economic Shifts
Metaplanet cited two key factors driving its urgency: Bitcoin’s January 2025 all-time high and the weakening yen, which is nearing an exchange rate of 160 yen per U.S. dollar. In its latest disclosure, the firm emphasized the need to act swiftly to counter the yen's declining value and capitalize on Bitcoin’s growth potential.

The company’s most recent Bitcoin acquisition occurred in December 2024, when it purchased 619.7 BTC for ¥9.5 billion ($60.6 million), funded through bond issuance. Currently, Metaplanet ranks as the 12th largest publicly traded Bitcoin holder, owning 1,761 BTC.

Aiming for Dominance
Metaplanet has set aggressive targets, aiming to hold 10,000 BTC by the end of 2025 and 21,000 BTC by 2026. These moves are part of its broader strategy following its adoption of the Bitcoin Standard in April 2024—a decision that has fueled the company's rapid ascent in the global market.

“Our growth since adopting the Bitcoin Standard has been extraordinary,” said CEO Simon Gerovich. “Metaplanet is now Tokyo’s leading Bitcoin company, and we are leveraging this momentum to secure our place as a global leader.”

Market Reaction and Future Outlook
Metaplanet's stock has mirrored its strategic focus, closing 3.1% higher at ¥4,160 on Tuesday, marking a 16.36% year-to-date gain. As the firm expands its Bitcoin holdings, it underscores the growing role of cryptocurrency as a hedge against fiat currency devaluation and a cornerstone of modern financial strategy.

With bold moves and record-breaking ambitions, Metaplanet is charting a new course in the intersection of traditional investment and digital assets.