#Metaplanet Raises $515 Million in Stock Sale To Fund Aggressive $BTC Accumulation Plan


$BTC treasury firm Metaplanet has secured 74.9 billion JPY ($515 million) through new share issuance to expand its $BTC holdings.


The Japanese company sold 54 million shares as part of its ambitious "555 Million Plan" targeting 1% of $BTC's total supply.


Primary backer EVO Fund exercised 540,000 stock-acquisition rights, converting them into the new equity raising.


#Metaplanet aims to hold 30,000 $BTC by end-2025, scaling to 100,000 by 2026 and 210,000 by 2027.


Successfully reaching 210,000 Bitcoin would place the firm in an exclusive 1% club alongside MicroStrategy's 592,345 #BTC holdings.


The company currently holds 11,111 $BTC after purchasing 1,111 additional coins earlier this week.


Plans include injecting $5 billion into its U.S. subsidiary as part of global expansion efforts.


Tokyo-listed shares fell 5% following the massive equity raise announcement.

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June 25, 2025 at 5:23 PM
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