Metaplanet Jumps 190% on Bitcoin Strategy, Targets 210K BTC

Metaplanet shares surged 190% year-to-date in 2025, far outpacing the TOPIX Core30’s 7.2% gain, driven by its aggressive Bitcoin treasury strategy. The Tokyo-listed firm, rebranded in late 2024 to focus on Bitcoin accumulation, has spent over $100 million on BTC this August alone, including $53.7 million for 463 BTC on August 4 and another $61.4 million shortly after. Its shareholder base has swelled by 350% to over 180,000 investors. Metaplanet plans to raise $3.7 billion through an equity offering to acquire 210,000 BTC—1% of circulating Bitcoin supply—by 2027. As the only Japanese public company offering regulated Bitcoin exposure, its performance has outpaced major Core30 members such as Mitsubishi, Nintendo and SoftBank. This bold accumulation underscores investor confidence and may reshape market dynamics for corporate crypto treasuries.
Bullish
The aggressive Bitcoin accumulation by Metaplanet signals strong corporate demand for BTC, reducing available supply and boosting investor confidence. In the short term, continued large-scale purchases may support upward price momentum as traders anticipate lower liquidity. Over the long term, the firm’s plan to hold 1% of Bitcoin’s supply underscores sustained demand from corporate treasuries, which may stabilize prices and attract further institutional interest. Overall, this news is bullish for Bitcoin’s market outlook.