Japanese firm Metaplanet, often referred to as Japan’s answer to MicroStrategy, has unveiled an ambitious plan to raise $745 million in its latest effort to bolster its Bitcoin holdings.
The company, which has already acquired over 1,000 BTC in the past six months, now aims to accumulate a total of 21,000 Bitcoins by the end of 2026.
As part of this historic initiative, Metaplanet has announced the issuance of 21 million shares of zero-discount moving strike warrants, expected to generate approximately ¥116 billion ($745 million). According to the company, these funds will be fully allocated to Bitcoin purchases, underscoring its confidence in the cryptocurrency’s long-term value.
The board of directors approved the issuance during a meeting on January 28, highlighting the firm’s dedication to following a Bitcoin-focused strategy similar to that of MicroStrategy. To facilitate the fundraising effort, Metaplanet has also signed a Stock Issuance Rights Purchase Agreement with EVO FUND.
This announcement comes as Bitcoin shows renewed upward momentum, gaining 3.5% to surpass the $102,000 mark. Metaplanet’s bold move positions the company as a major player in Japan’s growing cryptocurrency market, reflecting the global trend of institutional Bitcoin adoption.
By aligning its strategy with market leaders like MicroStrategy, Metaplanet is doubling down on its belief in Bitcoin’s potential as a store of value and a hedge against inflation. With its massive capital raise, the company is making a clear statement about its long-term commitment to cryptocurrency.
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