Japan’s Metaplanet secured up to $531M funding to expand Bitcoin holdings, strengthening its treasury strategy as the company targets 210000 BTC by 2027.
Metaplanet, a Japanese public company, announced a major plan to raise new money to buy more Bitcoin. The firm said it obtained funding that could amount to a total of $531 million. This step helps its long-term plans of having one of the world’s biggest Bitcoin treasuries. The company already has more Bitcoins than any other public firm in Asia.
Metaplanet raises new capital to expand Bitcoin treasury strategy
The company had confirmed that approximately $255 million was raised through a private placement with global investors. New shares were sold at about 2% above the market price. The deal also came with special warrants with the potential of bringing up to $276 million more money at a later date. If all warrants are used, the total funding could be about $531 million.
Metaplanet has issued 100 million Moving Strike Warrants with a first-of-its-kind mNAV clause. Exercise is only permitted when the stock trades above 1.01x mNAV, ensuring every share issued increases shareholder value. This enables the company to raise an estimated $234M in… pic.twitter.com/bdqxOs5gRs
— Simon Gerovich (@gerovich) March 16, 2026
CEO Simon Gerovich said the capital will help the company to continue to purchase Bitcoin. He explained that the funding structure enables Metaplanet to raise money when conditions are good in the market. The warrants entitle the investors to purchase the stocks at a higher price at a later stage.
Related Reading: Simon Gerovich Defends Bitcoin Treasury Strategy as Metaplanet Shares Slide | Live Bitcoin News
Metaplanet’s strategy is similar to the companies keeping bitcoin as treasury reserves. The firm believes that Bitcoin can preserve value over the long term. Because of this opinion, the company continues to acquire more money to acquire more holdings.
The company is now one of the biggest holders of Bitcoin in the world publicly. According to reports, Metaplanet now holds around 35,102 BTC coins. The value of this portfolio is estimated to be between $2.4 billion and $2.5 billion. The average purchase price is approximately 107,000 dollars per Bitcoin, meaning that when prices are falling there are losses of
Company targets 210000 Bitcoin as long-term goal
Metaplanet said its long-term target is much higher than its current holdings. The company wants to get to 100,000 BTC by 2026. After the same, it aims to hold approximately 210,000 BTC by 2027. This amount would be close to 1% of the total amount of Bitcoin in circulation. Such a target demonstrates how much the company believes in Bitcoin.
The firm recently also updated on its capital allocation policy. The new rules provide for a greater degree of flexibility in the use of money. For example, the company is allowed to buy back some shares if the stock has a value below the value of Bitcoin. This policy is for the protection of shareholders as the markets get weak.
Metaplanet also developed new subsidiaries in order to help its digital asset strategy. One part of the business will go into startups on Bitcoin technology. The company intends to support projects that are based on the Lightning Network. This network enables faster and less expensive payments in Bitcoin.
Executives said these steps are part of a bigger plan to build a full Bitcoin ecosystem. Instead of just holding coins, the company wants to be able to support new services and businesses. This way, more income could be created in the future. Many investors are watching closely as the strategy is one of the most aggressive in the public market.
