Metaplanet Bolsters Bitcoin Reserves, Now Owning 17,595 Bitcoins
Metaplanet Aims to Become Largest Corporate Bitcoin Holder
Japanese company Metaplanet has announced plans to raise up to $3.7 billion through a special stock offering, with the funds exclusively dedicated to expanding its Bitcoin treasury. The company, which currently holds approximately 17,595 Bitcoin, aims to accumulate 210,000 BTC by the end of 2027 [1][2][4].
This ambitious plan involves issuing two classes of perpetual preferred shares. Class A shares are non-convertible with a fixed dividend, while Class B shares are convertible with equity upside [1]. The funds raised will support Metaplanet's ambition to grow the amount of Bitcoin held per share.
Metaplanet's CEO, Simon Gerovich, revealed that the company's average purchase price across all its holdings is about $101,422 per Bitcoin. The company's total worth of Bitcoin holdings is approximately $1.78 billion. On August 4, Metaplanet purchased an additional 463 Bitcoin for $53.7 million, making the average price per Bitcoin in this purchase $115,895 [1].
The proposed fundraising represents around 75% of Metaplanet's current market value. The funds will be used for the purchase of additional Bitcoin. Gerovich stated that the goal is to benefit shareholders over the long term.
Metaplanet's yield surged to 129.4% from April to June, and the company recorded a yield of 95.6% from January to March 2025 [1][2]. The company's yield growth by August 4 in Q3 has been an additional 24.6%.
As a result of its rapid increase in Bitcoin holdings throughout 2025, Metaplanet is now the seventh-largest Bitcoin-holding company in the world. The company is the only Japanese company among the top 10 Bitcoin holders [1][2][3].
Metaplanet's ultimate goal is to surpass MicroStrategy's approximately 597,000 BTC and become the world’s largest corporate Bitcoin holder. The shelf registration for this offering is valid until August 8, 2027, and shareholder approval is scheduled for September 1, 2025 [1][2][4].
[1] Metaplanet Press Release, August 5, 2025. [2] CoinDesk, August 5, 2025. [3] Bloomberg, August 5, 2025. [4] Reuters, August 5, 2025.
- Metaplanet plans to leverage technology and finance by investing billions in Bitcoin aiming to surpass MicroStrategy and become the world’s largest corporate Bitcoin holder.
- With the funds raised, Metaplanet will continue purchasing Bitcoin to significantly increase its treasury and ultimately dominate the industry, capitalizing on the potential growth of this emerging technology in the finance sector.
