Metaplanet Launches $5.4B Bitcoin Equity Raise, Eyes 1% of All BTC

  • Metaplanet’s $5.4B fundraising using warrants shows the most significant volume of a Bitcoin-themed stock issuance in Japan to date.
  • The company’s strategy is to acquire 210,000 BTC by 2027 and thus become the top Asian corporation by Bitcoin ownership.

Metaplanet has announced a ¥770.9 billion ($5.4 billion) equity raise dedicated exclusively to acquiring Bitcoin. The company plans to issue 555 million new shares through moving strike warrants, marking the largest issuance of stock acquisition rights in Japan’s capital markets history. It is important to note that the warrants were issued at a higher price than the current market value, which has not been seen before in the country.

The company is committed to reaching this level by the end of 2027, as outlined in its wider Accelerated 2025–2027 Bitcoin Plan. The figure represents approximately 1% of Bitcoin’s fixed total supply, positioning Metaplanet to become the second-largest public holder of Bitcoin globally after MicroStrategy.

Obtaining Capital by Preparing New Types of Equity Instruments

The raise will take place using movable strike warrants, which are tied to how the underlying asset moves to reduce price changes. By offering warrants at a price that exceeds the market, the firm tries to attract bigger and more long-term investors who support its Bitcoin-focused plans.

Metaplanet collected ¥93.3 billion (~$650 million) in its “21 Million Plan” by offering 210 million shares to investors. With the added issuance, it becomes evident that the corporation is moving further into digital assets. The raised capital will only be invested in buying Bitcoin, promoting the company’s strategy of adding assets.

Their assets grew significantly, and they performed well in the financial market.

Currently, Metaplanet has collected 8,888 BTC, which is very close to its aim of 10,000 BTC this year. Its expansion came from funding supported by unsecured bonds and the help from partners such as Evo Fund.

The firm owns more than $976 million in Bitcoin and has earned more than 225% so far this year. The company’s stock has increased by 285% this year, which demonstrates that investors are proud of its digital asset focus. The move has given Metaplanet an even stronger position as Asia’s leading corporate owner of Bitcoin.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their research before making financial decisions.”

Hot this week

Bitcoin Holds Strong as Dollar Dips and ETF Inflows Accelerate

Dollar weakness historically signals strong Bitcoin bull market potential. ETF...

PEPE vs. Ozak AI Price Prediction: Meme Coin or AI Gem—What’s the Better Buy Today?

Cryptocurrency market continues to provide an extensive spectrum of...

Uniswap Sees Historic Dormant Activity Spike, Signals Potential Market Surge

The decentralized finance (DeFi) landscape is buzzing as Uniswap,...

Shiba Inu (SHIB) Signals Potential Pump as Whale Activity Rises

The Shiba Inu (SHIB) community is buzzing with optimism...

How Ozak AI’s Data Vaults and DePIN Tech Set It Apart from Other AI Tokens

Ozak AI is advancing its position in the AI...

Topics

Bitcoin Holds Strong as Dollar Dips and ETF Inflows Accelerate

Dollar weakness historically signals strong Bitcoin bull market potential. ETF...

PEPE vs. Ozak AI Price Prediction: Meme Coin or AI Gem—What’s the Better Buy Today?

Cryptocurrency market continues to provide an extensive spectrum of...

Uniswap Sees Historic Dormant Activity Spike, Signals Potential Market Surge

The decentralized finance (DeFi) landscape is buzzing as Uniswap,...

Shiba Inu (SHIB) Signals Potential Pump as Whale Activity Rises

The Shiba Inu (SHIB) community is buzzing with optimism...

Whale Movements Signal Potential Crypto Market Shifts

Recent on-chain data from Santiment reveals significant whale activity...

Bitcoin at a Crossroads: Triple Top Signals Potential Breakout or Drop

Bitcoin (BTC) is teetering on a critical juncture, as...

SEC July 10 Sparks XRP Buzz as EGRAG Sees ‘GODS Candle’

EGRAG's technical analysis points to strong bullish trend confirmation. SEC...
spot_img

Related Articles

Popular Categories

spot_imgspot_img