Metaplanet is aggressively expanding its Bitcoin holdings through an unconventional $5.4 billion capital raise, positioning itself as a leading BTC proxy in Asia.
The Japanese firm plans to issue 555 million shares via market-responsive warrants—priced above market—to fund its expansion without diluting shareholders.
On June 2, the company added 1,088 BTC to its reserves, bringing its total to 8,888 BTC. This follows a ¥50 billion bond sale in May, reflecting a rapid shift in focus toward Bitcoin accumulation. All purchases have been financed through structured debt and equity, not direct share dilution.
Metaplanet tracks performance through a custom metric called “BTC yield,” which has climbed over 225% year-to-date. The firm now targets 30,000 BTC by end-2025 and aims to hold 210,000 BTC—1% of total supply—by 2027.
With Japan’s crypto regulations limiting direct access to Bitcoin, Metaplanet offers a stock market alternative. Its unique model blends equity finance with BTC exposure, making it one of the most traded and fastest-growing stocks in the country.
By using the traditional financial system to build a crypto-native balance sheet, Metaplanet is creating a new hybrid model—one that allows both retail and institutional investors to gain indirect Bitcoin exposure while sidestepping the regulatory red tape typically associated with crypto in Japan.
French banking giant Societe Generale has entered the crypto space more directly, forming a strategic partnership with 21Shares.
MicroStrategy is doubling down on its Bitcoin strategy with a massive $2 billion fundraising move. Originally planned at $500 million, the company expanded its offering after seeing strong investor demand.
The U.S. government now holds over 198,000 BTC, valued at approximately $23.5 billion, according to data from Arkham Intelligence.
Tesla stunned investors in Q2 2025 with a $1.2 billion profit, nearly tripling its previous quarter’s net income.