Metaplanet Raises ¥555B via Preferred Shares to Buy Bitcoin
Metaplanet’s bitcoin acquisition plan gained momentum after shareholders approved raising ¥555 billion via preferred shares. This Metaplanet bitcoin acquisition strategy expands the firm’s capacity to buy BTC and diversify its corporate treasury. Previously, Metaplanet raised ¥130 billion in overseas stock sales and ¥242 billion via warrant exercises.
To date, Metaplanet holds 20,000 BTC, 66% of its 30,000 BTC year-end target. It aims for 100,000 BTC by end-2026 and 210,000 BTC by end-2027. Shareholders authorized amendments to increase total shares, allow virtual meetings, and create Class A and Class B preferred shares, enabling issuance of 555 million new shares.
Although Metaplanet leads Asia in corporate BTC holdings, it remains behind MicroStrategy’s 632,457 BTC. The new funding tool could accelerate Metaplanet’s bitcoin acquisition and boost market demand for BTC.
Bullish
Metaplanet’s shareholder-backed move to issue ¥555 billion in preferred shares for bitcoin acquisition is likely to be bullish for the market. Large-scale corporate purchases signal sustained institutional demand, reducing BTC liquidity and supporting higher prices. Similar strategies by MicroStrategy since 2020 have coincided with positive price trends and heightened investor confidence.
In the short term, the announcement may trigger modest price gains as traders anticipate increased buy pressure. In the long term, Metaplanet’s expanding BTC treasury—targeting 100,000 BTC by 2026—could strengthen market stability by demonstrating corporate faith in bitcoin as a reserve asset. Overall, this funding tool underscores growing institutional adoption and is expected to bolster bullish sentiment.