The Japanese investment company Metaplanet has announced a record capital raise for Asia aimed at investing in Bitcoin. Through the issuance of 555 million shares via a moving strike warrants mechanism, the company secured over 770.9 billion yen, equivalent to approximately $5.4 billion.
This is reported by Business • Media
Record Funding and Company Strategy
Metaplanet’s CEO, Simon Gerovich, emphasized that this is the first capital raise in Japan conducted at a premium to the market price. This move was made possible due to the high volatility and deep liquidity of the company.
“This is the first capital raise in Japan conducted at a premium to the market price — thanks to the high volatility and deep liquidity of Metaplanet,” said Gerovich.
The funds raised will be used by Metaplanet for strategic expansion of its Bitcoin portfolio, with the ambition to control up to 1% of all BTC in the world. This new funding round continues the 210 Million Plan, under which the company raised 93.3 billion yen ($650 million) in 60 trading days, and its Bitcoin portfolio achieved a return of +189%. During this period, Metaplanet’s shares tripled in value, and the company entered the top 10 global leaders in terms of BTC on its balance sheet.
Future Goals and Business Expansion
In early June 2025, the company announced the acquisition of an additional 1,088 BTC for $118 million. By the end of the year, Metaplanet plans to increase the amount of Bitcoin in its portfolio to 10,000 BTC, with a long-term goal of reaching 100,000 BTC by the end of 2026 and 210,000 BTC by 2027, which would correspond to 1% of the total number of Bitcoins that will ever be in circulation.
The company openly discusses its ambitions for leadership in the digital asset market. Additionally, Metaplanet recently announced the establishment of a U.S. subsidiary and plans to raise an additional $250 million in investments.