CMC News

#Metaplanet Announces $5.4 Billion Equity Raise To Accelerate $BTC Accumulation

Japanese investment firm Metaplanet has unveiled a massive $5.4 billion equity raise to fund additional $BTC acquisitions.

The company will issue 555 million shares through moving strike warrants over the next two years to minimize market impact. Metaplanet's "555 Million Plan" targets holding 30,000 $BTC by end-2025, 100,000 $BTC by 2026, and 210,000 $BTC by 2027.

The 210,000 $BTC goal would place Metaplanet in the "$BTC 1% club" representing 1% of the total 21 million supply. CEO Simon Gerovich called this "Asia's largest-ever equity raise to buy #Bitcoin" following the company's previous "210 Million Plan."

Metaplanet currently holds 8,888 $BTC worth approximately $920 million, ranking seventh globally in corporate Bitcoin accumulation.

The company achieved 89% of its initial 10,000 $BTC target in just five months with paper gains of around $71 million. Metaplanet's stock has gained 258% year-to-date and 1,390% over the past year, becoming Japan's top stock by turnover.

The firm achieved a 225.4% BTC Yield metric, measuring the effectiveness of its $BTC acquisition strategy for shareholders.

According to Hashdex market insights, 144 companies have now adopted #Bitcoin treasury strategies, with 114 being publicly traded.